San Diego opens affordable apartment complex

December 5, 2018 by  

The San Diego Housing Commission recently celebrated the opening of the Luna at Pacific Highlands Ranch, an apartment complex offering affordable housing to area residents with low incomes.

The complex was developed by the commission in collaboration with R&V Management and the Affirmed Housing Group. The new apartments are near The Village shopping center, Pacific Trails Middle School, and Canyon Crest Academy High School. Rents in the complex range from a high of $1,500 down to $800, and are capped for the next 55 years at 60% of the median income in the San Diego area. Currently, that figure is $58,380 annually, for a family of four.

The Housing Commission’s vice chair, Stefanie Benvenuto, said affordable housing is needed throughout the area, and the new Luna complex is an important addition to the inventory. There are 77 units in the new complex, and more than 3,600 people applied for housing. Some of those who have qualified are still moving in. Managers of developments like this could use banner printing to create a colorful, welcoming banner for new residents.

Barbara Bry, the councilwoman for District 1, said it should be noted that development began on Pacific Highlands in 1998, and at the time, voters approved the project with the understanding that affordable housing would make up 20% of the units built.