Harrington Heights, an affordable housing development in East Village, opened Wednesday and will serve those with “extremely low income,” including people who were once homeless.
The 15-story building, on Broadway, has 270 units. The project was developed by Chelsea Investment Corporation, with support from the city of San Diego and San Diego Housing Commission.
According to the developers, rents at Harrington Heights will remain affordable for at least 55 years for households earning 25%- 50% of San Diego’s Area Median Income, for instance, $37,200 to $74,450 per year for a three-person household.
Additionally, 40 apartments are set aside for individuals with developmental disabilities. The site also includes three managers’ units.
When bonds for the project were approved in 2023, the estimated total development cost of Harrington Heights was $142.8 million, or $523,197 per unit.
“Affordable rents for decades to come and rental assistance for many of these families will provide a greater opportunity for stable housing in San Diego’s high-cost rental housing market,” the housing commission’s Senior Vice President of Real Estate Development Colin Miller said.
Residents have support to stay in Harrington Heights, including 115 federal rental housing vouchers from the commission – 75 for households that experienced homelessness (including 10 for veterans).
Forty other vouchers will assist households with extremely low income (but haven’t been homeless).
(pic:jwda architects)