Island City Development
Alameda, CA 2–10 employees 2 principals
Last updated by Dawn
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 non-profit public benefit corporation founded in 2014. It operates as an affiliate of the Housing Authority of the City of Alameda, California, focusing on the development and management of affordable housing. ICD currently owns, develops, or operates five properties, including Littlejohn Commons, Everett Commons, Rosefield Village, and Shinsei Gardens. The organization targets households earning between 20% and 80% of the Area Median Income (AMI), with specific units designated for seniors, veterans, and individuals with disabilities. ICD is actively involved in the North Housing Master Plan, a project aiming to deliver 586 new rental homes by 2030. The first phase includes 90 permanent supportive housing units for formerly homeless individuals, with Estuary I and Linnet Corner under construction as of January 2024.
Principals at Island City Development
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