The hospitality building for Antinori Napa Valley, a Napa winery, completed in 2023 by Nordby Construction. [Photo courtesy Nordby Construction]
for deed-restricted affordable housing. Individuals or families making 120% of Area Median Income or below would be the target demographic for such housing. Weeks says reimagining how North Bay residents navigate communities and manage parking are critical to meeting housing needs. “For example, how about allowing residents to use golf carts to travel within cities like Cotati? This could reduce air pollution, traffic congestion on main roadways and the need for excessive parking,” says Weeks. Understanding trends for construction loans and home sales Sonoma County is seeing more new home construction, particularly in areas still recovering from wildfires. In contrast, Marin and Napa counties are seeing more accessory dwelling unit (ADU) construction. New home construction can be more expensive in Marin and Napa counties, says Michelle Anderson, chief lending officer for Redwood Credit Union (RCU). RCU is based in Napa and Santa Rosa. “Napa County tends to have larger lots that enable ADU construction. Marin County has a lot of parcels with sloping land. [It] can be challenging and potentially more expensive to build retaining walls,” says Anderson. It is typical for homeowners to tap
A $10.75 million home in Sonoma in the portfolio of Eric Ziedrich, real estate broker at The Agency in Healdsburg. [Photo courtesy Eric Ziedrich]
April 2024
NorthBaybiz 25
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