Capitol Area Development Authority
Government Administration, 1522 14th St, Sacramento, California, 95814, United States, 11-50 Employees
Phone Number: +19*********
Who is CAPITOL AREA DEVELOPMENT AUTHORITY
CADA is a joint powers authority between the State of California and the City of Sacramento created to implement the plans and objectives of the State Capitol Area Plan, as directed by th...
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Headquarters: 1522 14th St, Sacramento, California, 95814, United States
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Date Founded: 1978
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Employees: 11-50
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Revenue: $25 Million to $50 Million
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Active Tech Stack: See technologies
Industry: Government Administration
SIC Code: 8748
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NAICS Code: 531110 |
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Frequently Asked Questions Regarding Capitol Area Development Authority
Answer: Capitol Area Development Authority's headquarters are located at 1522 14th St, Sacramento, California, 95814, United States
Answer: Capitol Area Development Authority's phone number is +19*********
Answer: Capitol Area Development Authority's official website is https://cadanet.org
Answer: Capitol Area Development Authority's revenue is $25 Million to $50 Million
Answer: Capitol Area Development Authority's SIC: 8748
Answer: Capitol Area Development Authority's NAICS: 531110
Answer: Capitol Area Development Authority has 11-50 employees
Answer: Capitol Area Development Authority is in Government Administration
Answer: Capitol Area Development Authority contact info: Phone number: +19********* Website: https://cadanet.org
Answer: CADA is a joint powers authority between the State of California and the City of Sacramento created to implement the plans and objectives of the State Capitol Area Plan, as directed by the State of California and the City of Sacramento. The Capitol Area Plan is a mixed-use plan for the management, development and disposition of state-owned property located directly south and east of the State Capitol and Capitol Park in the City of Sacramento. CADA has been specifically designated to implement the housing and support retail goals of the Capitol Area Plan. The Capitol Area Plan legislation sets a population goal of 3,500 residents living in housing built for a variety of incomes. Additional legislation enacted in 1978 requires that CADA maintain 25 percent of its units at affordable levels for low-income households and provides CADA the powers of a redevelopment agency for the Capitol Area Redevelopment Project Area. In 2002, legislation was passed that expanded CADAs redevelopment project boundaries to include a key section of the R Street Corridor, a former warehouse and industrial district. The purpose of this expansion was to address blight and accelerate the pace of investment and redevelopment along the southern border of the Capitol Area between 10th and 19th Streets. Redevelopment of this blighted area will enhance the Capitol Park Neighborhood and serve as an opportunity for transit-oriented development in proximity to the 13th and 16th Street Light Rail Stations.
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