SkyLINE will consist of 99 affordable rental apartments for households earning 30% to 55% of the San Diego Area Median Income, or between $41,350 to $75,790 per year for a family of four.
City leaders broke ground Thursday on 100 new affordable rental apartments for families with lower income on a vacant portion of a transit station parking lot in Rancho Bernardo.
The apartments at SkyLINE will consist of one-, two-, and three- bedroom units that will remain affordable for 55 years. The SkyLINE project will also offer non-residential office space and dozens of parking spots. The developer expects to finish construction in Spring 2026. "Additionally, SkyLINE will make it convenient for its residents to connect with the rest of San Diego by offering accessible transit just steps away from their front door," he said.
SDHC authorized the issuance of $42.5 million in tax-exempt Multifamily Housing Revenue Bonds for the development.
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