Otay Ranch II Affordable Housing Bonds
Summary
The Council approved up to $80 million in tax-exempt bonds to help build the Otay Ranch II affordable rental project after a TEFRA public hearing.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed May 19, 2026.
Impact analysis
No direct city expenditure; bond financing is repaid by the project.
Future affordable housing residents in Otay Ranch.
Mentions & discussions (1)
Related development
Park Hill UMC Affordable Housing Development
Would add 68 affordable units in a neighborhood of single-family homes; opponents worry about density and property values.
96-Unit Affordable Rental Housing — Otay Ranch Village 2 Parkland Fee Waiver
The fee waiver lowers the project's costs to help make the affordable units pencil out.
Otay Ranch II Affordable Housing Project — Revenue Bonds
Bond financing supports construction of affordable apartments; no city money is spent.
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