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Developer Snags 5 Acres in San Francisco Bay Area for Workforce Housing

Red Tail Acquisitions Plans To Build 120 Units in Vacaville
Much of the nation — but especially California — is experiencing a stark need for workforce housing, which typically caters to residents making between 60% and 120% of an area's median income. (Getty Images)
Much of the nation — but especially California — is experiencing a stark need for workforce housing, which typically caters to residents making between 60% and 120% of an area's median income. (Getty Images)

A developer acquired a 5-acre development site in the San Francisco Bay Area where it intends to develop a workforce housing complex to address a growing need for mid-priced residences in the famously expensive region.

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