Hundreds of rent-restricted apartments for lower-income people have opened in recent years and thousands more are in the pipeline
As symbolism goes, this is pretty good. City-owned property downtown that not long ago was targeted for a new Ritz-Carlton hotel and other luxury amenities is now proposed for more than 400 rent-restricted housing units for lower-income residents. Should this come to fruition, it would be the latest in a string of affordable housing projects intended to provide thousands of units across the region — hundreds of which have opened in recent years with hundreds more in the pipeline.
Chelsea is proposing to make all 402 units affordable to lower-income households earning from 30 percent to 80 percent of area median income in San Diego County, which is $119,500 for a family of four, according to Lori Weisberg of The San Diego Union-Tribune. Cisterra Development, which sought to build the Ritz-Carlton project, was required to include a minimum of 15 percent affordable housing, or 34 rent-restricted units, according to the city.
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