newsfilter
← Latest News
PR Newswire·

Stockton Seniors Gain Access to 76 Affordable Homes with Health Net's $3 Million Investment

  • Health Net announced a $3 million grant to Mutual Housing California to support the development of Fairview Terrace, an affordable housing community for income-qualified seniors in Stockton.
  • The project is located at 2222 S. Airport Way & will provide 76 affordable homes for adults aged 55 & older.
  • Eligible households must earn up to $58,380 based on 2026 CTCAC income limits.
  • The development transforms a long-vacant parcel to address the growing need for senior housing in San Joaquin County.
  • Construction financing aims to complete the setting of all 76 home modules in 2026, with full project completion anticipated in 2027.
  • Health Net has committed over $284 million to community-based initiatives addressing social factors like housing over the last five years.
  • In Sacramento & San Joaquin counties, Health Net invested a combined $11 million in affordable housing, including $3 million specifically for the Fairview Terrace project.
  • Fairview Terrace utilizes an innovative construction approach to deliver homes faster & help seniors remain connected to their community.