While "affordable" might have different meanings to different people, Sonoma County defines it as the ability for a low-income family to buy or rent a home. Low income is defined as a maximum of $34,090 per year which gives one the ability to rent a home for $852 per month. And that's what will be available when 14 duplexes are completed in Harbor View (aka Romancia). Two of these units will be for very-low-income families with a limit of $28,409 per year and maximum rents of $710.
I'd guess that these units will be snatched up rather quickly since there are no other homes or apartments in Bodega Bay that have the designation of "affordable" and it will be interesting to see the effect that these units will have on availability and rents on existing properties in the area. My guess is that the average rent is twice these levels so I'm sure that any available rentals in BB will be impacted negatively, at least initially.
RJB Development intends to rent the duplexes for two to three years and then sell them at an "affordable" price, though I'm not sure what that means.
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