Can someone help me understand the "affordable housing" situation in Santa Cruz?
Obviously we have all seen the new apartment complexes around town. I was under the impression that it would be affordable housing. Obviously 3K for a studio is not affordable. I keep seeing that more complexes are being approved around town. However, many of the newly built complexes seem vacant. Maybe I'm misaligned? From what I understand, only a small percent of them are actually "affordable" but you have to apply and basically win the lottery to get one? Where does that leave those who are in a combined household income of ~100K. Apparently that is not considered low income, but money feels really tight even with that. So who actually qualifies for low income housing? Will there ever be places around here that are decent and under $2,500 now that there's more housing being built? It all seems so confusing to me.