Friday, November 25, 2016

George Lucas’ ambitious affordable housing project in Marin County appears stalled

George Lucas’ ambitious affordable housing project in Marin County appears stalled

This project is currently on hold. Please be patient while we continue to work through the logistics in making this property a reality.

That’s the message that currently appears on the homepage for Grady Ranch, a 224-unit affordable housing project planned by George Lucas — yes, that George Lucas — on land he owns in Marin County, California. He first announced the $150-million development a year and a half ago, but now questions are being raised about whether it will actually happen.
Those questions aren’t unwarranted. Though public hearings were expected to take place midway through this year, as yet there has been no update. What’s more, while Lucas’ charitable idea has garnered some praise, some of his wealthy neighbors are opposed to it. According to the Marin Independent Journal, they have threatened to sue Lucas due to concerns about some components of the project, including a $70-million creek and watershed improvement.
If the project ever does reach completion, it would be the largest privately financed affordable housing project in the country. Local workers and senior citizens would reside there, with 120 units being reserved for workers earning between $65,700 and $101,400 a year (about 80 percent of the area median income). The 240-acre property would also have plenty of open space, as well as a community center, micro-farm, orchards and barns. 
Despite the apparent uncertainty surrounding Grady Ranch, those wanting to live on the property can still fill out an interest form hereQualified applicants will have to undergo an extensive criminal background check and provide references from former landlords. We’ll definitely be staying tuned for any updates.

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