Arena builders

California affordable housing project moves forward in Santa Cruz

The Santa Cruz City Council rejected an appeal Tuesday night for a mixed-use housing project that includes dozens of affordable apartments. Swenson Builders is applying for permission to build a six-story apartment building, to be called Calypso, at 130 Center St. near Depot Park and Kaiser Permanente Arena. On October 21, 2021, the city’s planning commission unanimously approved the project and the required demolition of two commercial buildings on the project site. A few days later, the city received an official call from the community group, Santa Cruz Forward. The group claimed breaches of a number of mobility and land use clauses in the city’s general plan. The city council heard the appeal on Tuesday evening. After hours of presentations, public comments and discussions, board members unanimously rejected the appeal and moved the project forward.| SIMILAR | $20 Million Grant to Santa Cruz Provides Affordable Housing and Funds for Subway Station Improvements Under current state law, a project of this size requires the developer to put 31 units to the provision for “very low income” people, but on Tuesday a representative from Swenson Builders publicly agreed to designate four additional units as “very low income”. after pledging to do so at the planning commission meeting. A household is considered “very low-income” if its annual income is 50 percent of the area’s median income. According to the California Department of Housing and Community Development, the current median income of a one-person household in Santa Cruz County is $78,350 per year.. Based on this, someone earning $46,650 per year would be considered “very low-income”. With 35 units designated as affordable housing, the remaining 198 units will be leased at market price. According to the developer, the building will consist of micro, standard and extended units averaging 344 square feet in size The developer said on Tuesday that construction is expected to take two years, but a start date has not been announced.

The Santa Cruz City Council rejected an appeal Tuesday night for a mixed-use housing project that includes dozens of affordable apartments.

Swenson Builders is applying for permission to build a six-story apartment building, to be called Calypso, at 130 Center St. near Depot Park and Kaiser Permanente Arena.

On October 21, 2021, the city’s planning commission unanimously approved the project and the required demolition of two commercial buildings on the project site.

A few days later, the city received an official call from the community group, Santa Cruz Forward. The group alleged breaches of a number of mobility and land use clauses in the city’s general plan.

The city council heard the appeal on Tuesday evening. After hours of presentations, public comments and discussions, board members unanimously rejected the appeal and moved the project forward.

| SIMILAR | $20 million grant to Santa Cruz provides affordable housing and funds for subway station upgrades

The proposed Calypso building includes 2,356 square feet of ground floor retail space, underground parking and 233 one-bedroom apartments.

Under current state law, a project of this size requires the developer to make 31 units available to people on “very low incomes,” but on Tuesday a representative from Swenson Builders publicly agreed to designate four units additional as “very low income”. “after committing to do so at the planning committee meeting.

A household is said to be “very low income” if its annual income is equal to 50% of the median income of the area.

According to the California Department of Housing and Community Development, the current median income for a one-person household in Santa Cruz County is $78,350 per year. On this basis, someone earning $46,650 a year would be considered “very low income.”

With 35 units designated as affordable housing, the remaining 198 units will be leased at market price.

According to the developer, the building will consist of micro, standard and extended units with an average size of 344 square feet.

The developer said Tuesday that construction is expected to take two years. A start date has not been announced.