Newark receives state Homekey funding to convert hotel into affordable housing project

The East Bay city of Newark has been awarded more than $38 million dollars in funding from the state’s Project Homekey program, to support the conversion of an existing extended-stay hotel at into 124 affordable housing units.

To be known as Cedar Community Apartments, on Cedar Boulevard, the extended-stay hotel already contains studios, one-bedroom, and two-bedroom units — all with kitchens — which means converting these units to affordable homes would result in minimal changes to the interior and exterior of the building.