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Published August 19, 2026 at 8:00 PM

Updated August 25, 2026

Site work and new construction of a multi-residential development in Folsom, California. Conceptual plans call for the construction of a multi-residential development.

The City of Folsom has approved the purchase of 6.69 acres of undeveloped land at the northeast corner of East Bidwell Street and Oak Avenue Parkway for $7.1 million as a future affordable housing development site. The property is adjacent to Folsom Lake College, making it a potential location for affordable student housing. The city is currently conducting due diligence and environmental review, with future housing planning tied to the next regional housing element cycle

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$30,000,000.00

Public - City

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August 3, 2027

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Oak Ave Pkwy & E Bidwell St, Folsom, CA

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