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Larkspur Middle-Income Housing Apartment Complex

Sector: Residential • Location: Larkspur, California, USA

Source: Patch

Project
Failed

In 2019, Catalyst Properties proposed a project in Larkspur to create tax-free bonds with California Community Housing Authority (CalCHA) to purchase existing apartment complexes and convert them into middle-income affordable housing. The project became tax exempt within member jurisdictions. However, the project failed as the property was only 50 to 60 percent leased to middle-income tenants, fal

Status
Closed
Sector
Residential
Location
Larkspur, California, United States of America
Updated
22 Jul 2026
Source
Patch

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The project “Larkspur Middle-Income Housing Apartment Complex” is an infrastructure initiative in the Residential sector, located in Larkspur, California, USA. Taiyo aggregates data on it from Patch.

Participants

Not available for this record.

Status

Original status

failed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In 2019, Catalyst Properties proposed a project in Larkspur to create tax-free bonds with California Community Housing Authority (CalCHA) to purchase existing apartment complexes and convert them into middle-income affordable housing. The project became tax exempt within member jurisdictions. However, the project failed as the property was only 50 to 60 percent leased to middle-income tenants, falling short of the bond document goals, leading to the sale of the apartment complex.

Original sector

Housing Development

Location

Country

United States of America (USA)

State

California

City

Larkspur

Source

Source

Patch

URL

More Details

Record type

Project

Sector

Residential

Article published date

2026-04-18

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