The Affordable Housing Project That Could Transform Scotts Valley
It can be confidently argued that shelter is one of the most essential basic needs to sustain human life. Maslow’s Hierarchy of Needs lists shelter as one of the grounding pillars of the model, indicating that without it, people cannot truly fulfill their emotional and aspirational desires. And yet, we are in the midst of one of the worst housing crises in recent history, with the United States facing a severe shortage of an estimated 3.7 million housing units as of 2024.
The Santa Cruz Community is no different. The Santa Cruz housing market has become increasingly volatile, ranking within the top 0.4% of most expensive cities worldwide. Within California, Santa Cruz is ranked 20th out of 319 cities for the steep cost of living. The neighboring Scotts Valley provides a cheaper alternative, albeit marginally, with a 1.6% decrease in the cost of living once you move further into the Santa Cruz Mountains. However, a new affordable housing complex may change the landscape of the local housing market as we know it.
4575 Scotts Valley
The 4575 Scotts Valley project is an ambitious initiative, representing the first affordable housing development for families in over two decades. This landmark plan will feature over 100 thoughtfully designed one-, two-, and three-bedroom units spread across three modern residential buildings. The project will also include both indoor and outdoor community spaces, a computer room, laundry facilities, 108 parking spots, planter boxes, and dedicated bike parking. For many individuals and families struggling to afford basic shelter, this complex provides a beacon of hope in an otherwise formidable crisis.
Thanks to CRP Affordable Housing & Community Development, construction on this development will likely start next year. CRP is committed to delivering affordable, rent-controlled housing for qualifying communities, ensuring that the most vulnerable residents have a fair chance to build stable futures. Their team is responsible for developing over 2,500 affordable developments across the nation, focusing on unique housing solutions for special needs individuals, seniors, and other vulnerable populations disproportionately impacted by the housing crisis.
The development has already garnered recognition for its excellence, securing the top spot for a low-income housing tax credit financing award. It also directly aligns with Scotts Valley’s plans to expand its housing capacity come 2031. California’s Regional Housing Needs Allocation (RHNA) requires the city to plan for 1,220 new units, a goal that the 4575 Scotts Valley project will significantly advance. With convenient access to schools, transportation, and essential community amenities, this housing development will support all Scotts Valley residents and promote a more equitable playing field in the realm of housing affordability.
Despite its clear potential to address the housing crisis, this project still needs your support! By sending a message to Workbench, they can advocate on your behalf to the city, building momentum to secure approval for 4575 Scotts Valley. Click HERE to take action!