Why are most affordable housing units in Poway apartments or condos?
The quick answer is they’re the most cost-efficient homes we can build. The longer answer involves a need to be competitive for federal tax credits (a major financing mechanism for affordable housing). This means subsidized housing must be located close to essential services, shops and transportation, and in Poway, these areas are predominantly zoned for multi-family development.
Related Questions
- How many units will there be in each type of building in the development - how many rental apartments, townhouses (rental or owned), condos, etc.?
- Can affordable housing be scattered through the City in small projects (3-5 units)?
- Most affordable housing units in Poway are either apartments or condos. Why?
