{"id":78851,"date":"2026-01-29T10:52:58","date_gmt":"2026-01-29T18:52:58","guid":{"rendered":"https:\/\/lapost.us\/?p=78851"},"modified":"2026-01-29T10:52:58","modified_gmt":"2026-01-29T18:52:58","slug":"governor-newsom-sacramento-state-and-meta-advance-major-redevelopment-in-downtown-sacramento-to-create-affordable-housing-for-students","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=78851","title":{"rendered":"Governor Newsom, Sacramento State, and Meta advance major redevelopment in downtown Sacramento to create affordable housing for students"},"content":{"rendered":"\n\n\n
\n\n\n\n
\n\n\n\n
\n
What you need to know:<\/strong>\u00a0Governor Newsom is announcing new affordable housing is underway for Sacramento State students and faculty in downtown Sacramento, in partnership with California State University Sacramento and Meta, which has invested $50 million to transform the Capitol Mall and underutilized state buildings.<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
\n

SACRAMENTO \u2014\u00a0<\/strong>In a major boost to Sacramento\u2019s economic future, Governor Gavin Newsom today announced that the California Department of General Services (DGS) and California State University, Sacramento (CSUS) have secured $50 million in catalyst funding from Meta to jump start the transformation of three excess state-owned buildings on Capitol Mall into a vibrant, mixed use academic and affordable housing district for CSUS students, faculty, and staff.<\/p>\n

\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
\n

\u00a0\u201cWe\u2019re continuing to grow and strengthen California\u2019s talent pipeline\u2014opening doors for students to succeed and for our communities to prosper. Making sure students can actually afford to live where they learn is essential to that work. I\u2019m grateful for Sacramento State and Meta\u2019s partnership as we move this project forward, helping build a vibrant downtown district that supports students, businesses, and economic growth.\u201d<\/h4>\n
Governor Gavin Newsom<\/strong><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
\n

In 2019, Governor Newsom issued an executive order to revitalize and repurpose excess state property to create new affordable housing and other community development.\u00a0 Today\u2019s investment will help fund entitlement, abatement, and demolition of the underutilized buildings Employment Development Department (EDD) headquarters at 800 Capitol Mall, the EDD Solar Building at 751 N Street, and the State Personnel Board Building at 801 Capitol Mall. These efforts will clear the way for one of the most transformative redevelopment opportunities in downtown Sacramento in a generation.<\/p>\n

“Meta is proud to call California home and we’re excited to work with Governor Newsom and Sacramento State to drive innovation in our state capital. This project will create new housing for students and professionals and support state-of-the-art STEM facilities, including a new School of Public Affairs and dedicated AI Center. I believe these investments will help strengthen our communities and support the next generation of leaders and innovators,\u201d\u00a0said Meta Founder and CEO Mark Zuckerberg.\u00a0<\/strong>\n<\/p>\n

\n

A transformational economic engine for downtown Sacramento\u00a0<\/strong><\/h2>\n

DGS and CSUS announced earlier this year that they are operating under an Exclusive Negotiating Agreement, giving the university the opportunity to reimagine the site as a dynamic mixed-use development in the downtown urban core.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
\n

While the University is still embarking on the master planning phase, proposed ideas include:<\/p>\n