Fact Sheet

Project Summary

Address: 2000 16th Street, Sacramento, CA

Conveniently located in amenity-rich Richmond Grove neighborhood, Sakura is an affordable 134-unit mixed-use, transit-oriented development in the heart of Sacramento on the southwest corner of 16th and T. Sakura’s name, meaning “cherry blossom,” pays homage to the deep Japanese community roots in the neighborhood.

Utilities are included in residents’ rent, and the project offers free WiFi for its first four years of operation. Mutual Housing Management will have property management and resident services available on-site.

Sakura will also feature a central courtyard, a large multipurpose room and ground-floor commercial space activating 16th Street. Each floor will have its own laundry room, and there will be community art throughout the building. Sixty-seven secured long-term bicycle parking spaces will be located on the first floor of the building and there will be short-term bicycle parking along both 16th and T Streets to accommodate visitors to the apartments and the commercial spaces.

Massing/Height: five stories

Acres: 2.1 (92,321 SF)

Architect: Kuchman architects

General Contractor: TRICORP GROUP, INC

What is the affordability breakdown?

Apartment Unit Breakdown by Affordability Rates:

  • 30% AMI: 34 units (19 Studio, 15 1-Bedroom)

  • 50% AMI: 31 units (15 Studio, 16 1-Bedroom)

  • 60% AMI: 68 units (34 Studio, 34 1-Bedroom)

  • Manager’s Unit: 1 unit (2-Bedroom)

Total Regulated Residential Units: 134

When will Sakura open?

Anticipated opening: Spring 2027

How was Sakura funded?

STATE:

HCD and Strategic Growth Council

Affordable Housing and Sustainable Communities (AHSC)

TCAC LOW-INCOME HOUSING TAX CREDITS (LIHTC)

LOCAL:

CADA Loan

City of Sacramento Reduced Residential Development Impact Fee Rates for Affordable Dwelling Units

SMUD Smart Homes Program