Medici ARTIST LOFTS
Medici Artists Lofts
Type of Development
Local Artists preference
10 one-bedroom units
17 two-bedroom units
7 three-bedroom units
575 – 1,035 sq. ft.
HACSJ Partners with DFA Development on Adaptive Re-Use
The 12-story Medico-Dental building, originally built in 1927, is now the site for a new adaptive mixed-use housing project known as Medici Artist Lofts. The Housing Authority County of San Joaquin (HACSJ), in partnership with DFA Development, has developed 34 units, 27 of which are affordable housing units for families with income levels between 30-60 percent area median income. Six of the units will be market rate.
The formerly tallest building in Stockton was renovated with financing from a variety of sources. Funding for the $11 million redevelopment includes Low-Income Housing Tax Credits (LIHTC), permanent financing, and City of Stockton HOME funds. HACSJ is providing Housing Choice Project-Based Voucher rental assistance for 27 of the units.
In repurposing the empty Medico-Dental building, HACSJ is excited to be able to provide local artists with space in beautiful downtown Stockton, a move which will undoubtedly contribute to the continued revitalization of the city.
Build / Funding
HACSJ is providing Housing Choice Project Based Voucher rental subsidy for the 27 affordable units in the project. Funding for the project came from Low
Income Housing Tax Credits (LIHTC), permanent financing, and City of Stockton funds.
Construction will be completed in fall 2020.