November 29, 2012
Unsafe Harbor: Monterey Housing and Property Manager Rick Marvin predicts an affordable housing crunch once Peninsula real estate prices recover. The city sold 10 Ocean Harbor House condos for $3.3 million in 2009.
Stories this photo appears in:
Down and Housed
As Monterey faces its post-redevelopment future, affordable housing could disappear.
When Gov. Jerry Brown projected more than $3 billion in savings by dissolving the state’s redevelopment agencies – local vehicles for incentivizing development of blighted land – $685 million of that was slated to come ...
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