O
Simi Valley
← All issues
developmentHigh priorityopen

Attainable homeownership and housing affordability

Simi Valley

Summary

The Oak Road project includes three very low-income units priced around $130,000, aimed at buyers shut out of the market. Supporters called it a rare affordable ownership product; the city is far behind its state housing goals in this category.

At a glance

Total mentions
1
Last 30 days
0

Last discussed May 13, 2026.

Impact analysis

💰Financial impact

Three units will sell for about $130,000 to qualified very low-income buyers; market units expected in the mid-to-high $700,000s.

✅Who benefits

Very low-income buyers get a rare path to homeownership; the city gains progress toward state housing targets.

Mentions & discussions (1)

Related development

We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.

The weekly brief for Simi Valley

What the council decided, in plain English — one email a week.

Also follow nearby cities

Free. Unsubscribe with one click any time. We never sell your email.