MidPen Housing Corp. and the Mental Health Association of San Mateo County have been selected to operate and manage the former Redwood Shores hotel that will be used to house seniors with extremely low incomes.
On Tuesday, the San Mateo County Board of Supervisors unanimously made those determinations regarding the 95-unit former TownePlace Suites hotel property at 1000 Twin Dolphin Drive. The Board also agreed to provide a $1.5 million loan to MidPen to support start-up activities at the property, which will feature on-site services for residents.
Residents who will live there include formerly homeless, medically-frail or disabled seniors or those who lost their place of residence due to COVID-19.
On Dec. 1, the Board of Supervisors voted to purchase the just over 2-acre property and 56,692-square-foot hotel for $29,25 million with the purpose of transitioning the property for affordable housing for low-income seniors.
The hotel was secured for affordable housing as part of the state’s Project Homekey program, a COVID-19 pandemic program that provided counties with financial support to purchase hotels and other properties in order to transition them into affordable housing.
As part of the initiative, the state awarded the County $33 million to purchase both the TownePlace Suites hotel, as well as the $21 million 74-room Pacific Inn Hotel at 2610 El Camino Real in Redwood City, which will be used as temporary shelter for the homeless.