Mission Valley Celebrates Grand Opening Of Affordable Housing Apartments
Monday, March 23, 2015
Photo by Christopher Maue
Last weekend, 74 people moved into a new mixed-use housing project designed specifically for low-income seniors in Mission Valley.
The complex is a part of the larger development, Civita, which is a high-density urban village organized around a network of parks and open space.
The apartment complex includes a total of 150 units, which meets the city's regulations requiring developers to dedicate 10 percent of new units to affordable housing.
Despite the opening of affordable homes, San Diego remains an expensive city.
"Sadly, Realtor.com recently named us as the least affordable city in the U.S. and while I like to get on top 10 lists, this is not the list I want our city on," Councilman Todd Gloria said. "So projects like this one help to kind of address that. It's certainly not a cure all but it makes a huge difference for the 150 people who live here and is part of a broader plan we have in the city to become more aggressive about out responsibilities for affordable housing."
About 1,000 seniors are currently on the wait list for the Civita apartment complex where rent is as low as $400.
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