Consisting of a mix of one-, two- and three-bedroom apartments, the development will serve family households earning between 30% AMI and 60% AMI for San Diego County.
Planned amenities include a management office, service areas, community room with kitchen, common laundry rooms and an outdoor courtyard area.
Located in an amenity-rich neighborhood near retail, employment opportunities and schools, the future affordable apartment homes at 1380 Laurel Tree Lane will be designed to achieve Green Point Rated Gold certification as well as meeting the City of Carlsbad’s Climate Action Plan (CAP) measures.
Architect: KTGY
General Contractor: Wermers Multifamily Corporation
Financial Partners: City of Carlsbad, County of San Diego, Wells Fargo Bank, Freddie Mac, Aviara L.P., California Tax Credit Allocation Committee, California Debt Limit Allocation Committee