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City of Redding & K2 Development

California Strategic Growth Council

Awarded
$39,959,536

GMA served as grant consultant and prepared two large winning grant proposals for the City of Redding and its partners.

In June of 2018, the Affordable Housing and Sustainable Communities (AHSC) competitive grant program through the state of California’s Strategic Growth Council (SGC) cited three types of projects that were recommended for funding. This Redding Block 7 Net Zero Housing & Downtown Activation Project was the highest point-scoring project of its type in the state. This Integrated Connectivity Project (ICP) type had the highest number of competitive proposals (28) and Redding scored 88 out of 100 total points. In addition, Redding’s project proposal was recommended for the third largest dollar amount in the state, $19,959,536.

This winning proposal is for a mixed used development in downtown, offering housing and transportation amenities, such as completing the river trail connection from Turtle Bay Exploration Park to downtown, was a joint submission by K2 Land and Investment, LLC (K2), The McConnell Foundation (McConnell), the City of Redding, Shasta Regional Transportation Agency and Community Development and Revitalization Corporation (CDRC).

This 2018 grant award builds on the momentum for the revitalization of Redding already underway with the joint effort between K2 Land and Investment and the City of Redding. With grant writing support from GMA, these two entities were successfully awarded $20,000,000 also from the Affordable Housing and Sustainable Communities Program from the Strategic Growth Council in 2017. This AHSC grant is for the Redding Downtown Loop and Affordable Housing Project. GMA prepared both grant applications as the grant consultant to the project.

To be awarded two grants of close to $40M for the same region, one after the other, is unheard of. GMA is proud of their leadership in shepherding this through the notoriously difficult Strategic Growth Council process.

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