Oceanside, Losing Ground On Affordable Housing, Touts New Units
March 17, 2017 4:47 p.m.
The city of Oceanside will open a new affordable housing project later this year, the largest it has ever completed. But the city is losing affordable housing faster than it is building it.
Oceanside will open and affordable housing projects this year and it is the largest ever. As Allison St. John discovered, the city is losing affordable housing faster than it is building it.
Construction workers are climbing on apartments. Construction is finished, Oceanside will have new apartments for low-income families.
There were some people that thought it would never happen.
This is the service director. She says it is taking years to get the project off the ground. The city has not produced new affordable housing since 2013 but there are several projects works.
We have a total of 358 units. They are in some process of construction and planning.
This is a three bedroom two bath apartment for a family. It has a master with the en suite bathroom air.
John is with the national core and they are building the machine code. They can be rented to families make Dan was bashed -- less than 60% of the median income.
They have thermal water heating. The rent on a three bedroom such as this would be $500 to around $1100 per month.
That is a fraction of the market rate rent. Seymour says the private investors contribute almost 2/3 of the first phase and they will get federal tax credits. The developer could not have done the job without the city.
The city is our partner. They purchased the land and they are leasing it to the nonprofit developers and this will be 55+ year affordable housing. It is renovated in the 15th year and the 30th year and a 45th year and it will Rollo over.
This timeline is important because as he explains, some of the early affordable housing was deed restricted as rentals for 10 to 15 years. They reverted back to market rate housing.
I was not there at the time but if I had been, I would be kicking myself that back in the early days when we started these, we did not have the foresight to realize that we were going to need these units in perpetuity.
Oceanside, like many cities is losing affordable housing faster than they are building it.
Linda advocates for residents. There is a coffee party and she went over the concerns.
The most important thing that we need to talk about is the fact that the land leases expiring in 2020.
If the park is closing, they will have to give 12 months notice which puts us at 2019.
My concern for you and your mom who was 94, what is going to happen when that happens when
One area has closed and is being developed with townhomes. They estimate 6000 people live in the remaining mobile homes. Pierce questions that is the best use of valuable land.
You will see redevelopment of the Lamb. If it is not within 10 or 20, somewhere down the line, I am sure.
The government says the last regional housing needs assessment that by 2020, Oceanside needs to add more homes. But recent updates suggest they had 250 year homes than four years ago. That is even with the units they are adding this year.
Literally, this place will lease up overnight. It is not going to take any effort of marketing whatsoever. The need is so great. People are watching this product -- project with excitement.
Units go up and less easily to see homes that are losing ground. Allison St. John, K PBS news.