Affordable Housing Opens In Upscale Neighborhood
Monday, April 2, 2012
A new affordable housing complex of 21 apartments opened today in the upscale Torrey Highlands section of San Diego. Park Terramar is nestled inside a large development of single family homes located off the Ted Williams Parkway.
Developers are required to build a percentage of affordable housing. These apartments rent from $711 for a one bedroom unit to $1,137 for a three-bedroom, two-bath home. The apartments are guaranteed to be affordable for 65 years.
Debbie Ruane is with the San Diego Housing Commission.
"This community provides everything within walking distance for people that don't have two cars,” she said. “People's lives are changed because they will be able to save money on rent. They may not have to work two jobs, they can get by with working one. It's life changing for families to live in affordable housing."
Ruane added that she’s thrilled that the complex is finally built because it takes years for a development to come to fruition.
Milana Patkov and her family just moved into the complex.
“I think it's an opportunity,” she said. “An opportunity is not given every day. You have to see it, you have to grab it, you have to use it. And then give that opportunity to someone else."
Patkov added that she thought a bit of luck was involved as well because so many people applied for the apartments. She said the key is to be prepared. She made the call quickly to be one of the first in line, then left her information on voicemail so they could process her application.
The San Diego Housing Commission's website has more information.