Island City Development

About Island City Development

Island City Development is a real estate operator headquartered in Alameda, CA. Island City Development operates in San Francisco - Oakland Bay Area, California. Its investment focus is on Affordable Housing, LIHTC and Senior Housing.

Island City Development (ICD) is a nonprofit real estate development corporation established in 2014 and headquartered in Alameda, California. With 12 years of operation, the organization specializes in developing, acquiring, rehabilitating, and owning affordable residential properties. Affiliated with the Housing Authority of the City of Alameda, ICD focuses on multifamily housing for low-income families, seniors, veterans, and formerly homeless individuals. The organization has participated in developing affordable housing communities, including Littlejohn Commons with 31 units, Everett Commons with 20 units, and Rosefield Village with 92 units. Its development activities include new construction, property rehabilitation, and permanent supportive housing financed through public funding and Low-Income Housing Tax Credits. ICD is involved in the 12-acre North Housing redevelopment, targeting 586 rental homes by 2030. Its projects include The Estuary I, The Estuary II, and Linnet Corner. The organization primarily operates within Alameda, focusing on affordable housing development and long-term residential ownership.

Principals at Island City Development

Recent activity at Island City Development

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Island City Development's project portfolio

7 projects on file · Multifamily (4), Single-Family / For-Sale Residential (2), Mixed-Use (1)

Markets and themes

Markets Island City Development operates in

• San Francisco - Oakland Bay Area, California

Investment themes at Island City Development

• Affordable Housing
• LIHTC
• Senior Housing
• Workforce Housing

Capabilities

• Economic Development
• Environmental Remediation
• Mixed Use
• Public-private partnerships
• Site Development
• Transit-oriented development
• Urban infill

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Frequently asked questions about Island City Development

What does Island City Development do?

Island City Development (ICD) is a nonprofit real estate development corporation established in 2014 and headquartered in Alameda, California.

Where is Island City Development based?

Island City Development is headquartered in Alameda, CA.

What markets does Island City Development operate in?

Island City Development is active in San Francisco - Oakland Bay Area, California.

How many employees does Island City Development have?

Island City Development has 11–50 employees.