The City of Shasta Lake is excited to announce Cascade Village (the Shasta Lake downtown revitalization project) has been awarded over $16.5 million from the California Strategic Growth Council (SGC) Program toward the construction of a $36.5 million mixed-use development along the north and south sides of Shasta Dam Boulevard. This 52,918SF project includes 49 units of affordable housing and 7,500SF of commercial space. Funding will go directly toward transit, pedestrian, and bike improvements throughout downtown, connecting to the future Win-River Hotel Company commercial center project.
The purpose of the Affordable Housing And Sustainable Communities (AHSC) program is to reduce greenhouse gas (GHG) emissions through projects that implement land-use, housing, transportation, and agricultural land preservation practices to support infill and compact development. This is the second time the development team has submitted an application for the funds. Cascade Village was awarded under the RIPA (Rural Innovation Project Area) and was the only Federally Recognized Native American Tribal Project in the State of California.
This project is a public/private/tribal partnership with City of Shasta Lake, K2 Development Companies, Win-River Hotel Corp (Redding Rancheria), and Community Revitalization & Development Corporation (CRDC).
For questions regarding this project, please contact our Development Services Department at (530) 275-7430 or developmentservices@cityofshastalake.org
