Yes, new housing in the City of Santa Cruz is meeting goals!
Check out the Community Voices Article by Matt Huffaker and Bonnie Lipscomb
"Santa Cruz has made substantial progress in building and maintaining affordable housing. Every 100% affordable housing project developed in recent years has been built with strict affordability requirements and monitored annually.
The most recently completed projects demonstrate that:
-Cedar Street Apartments: 100% leased (65 affordable units).
-Natural Bridges Apartments: 100% leased (20 affordable units).
-Riverwalk Apartments: 100% leased (21 affordable units).
-Water Street Apartments: 98% leased, with one vacancy currently in final processing for a project-based voucher through the county housing authority (41 affordable units).
-Pacific Station South: 94% leased with the remaining four tenants in the final verification process (69 affordable units).
Santa Cruz's newest affordable housing developments are not only full but operating as intended — providing homes for individuals and families who qualify under affordable housing guidelines."
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