Bolinas Community Land Trust plans to build affordable housing in two locations.
Marin County supervisors approved a $400,000 grant to the trust from the county's affordable housing fund to help cover the project's predevelopment costs.
The project calls for new construction at two locations, a 2.5-acre parcel at 31 Wharf Road in the village's business district and a 20-acre parcels.
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The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.