B-6._Comparable_Projects_Performance.xlsx

The document "B-6._Comparable_Projects_Performance.xlsx" appears to be a financial performance template for real estate properties, created in conjunction with San Mateo County's Stone Pine Cove Community project in Half Moon Bay, California. The spreadsheet is designed to track financial metrics for properties, including revenue, operating expenses, net operating income, and debt service, though in this instance the cells are predominantly empty or contain placeholder values.

The related state and local contract opportunity involves developing a 5-acre manufactured home community with 47 affordable housing units targeted at low-income agricultural worker households. The project, located at 830 Stone Pine Road, will enable residents to purchase manufactured homes through a county program while leasing their space/lot. Funding will be sourced from multiple channels, including the County's Measure K fund and the California Department of Housing and Community Development's Joe Serna Homeownership, Jr. Farmworkers Housing Grant Program. Construction commenced in May 2024 with completion expected in early summer 2025, and property ownership will transfer from the City to the County in Spring 2025.