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Project Details​

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Overview 

140-Unit Mixed Income Development, serving households making 30% to 80% AMI.

Located on 0.91-acre site in Midtown Santa Cruz 

At the corner of Water Street & Branciforte Avenue

Just 1.5 miles from Downtown Santa Cruz 

Adjacent to High Quality Transit â€‹

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Construction Details 

Five-Story Building, Type V-over-I construction type
 

Unit Mix 

  • 64 Studios 

  • 53 One-Bedroom Units 

  • 20 Two-Bedroom Units

    • Includes 5 live/work units

    • 1 manager's unit

  • 3 Three-Bedroom Units

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Retail & Parking 

  • 800 square feet of Ground Floor Retail 

  • 41 On-Site Parking Spaces

 

Supportive Services

  • 35 Special Need and Supportive Service Units

  • On site services provided by Insight Housingdelivered from a dedicated office and community room

 

Sustainability Initiatives 

  • Drought-Tolerant Landscaping 

  • Bioswales 

  • Natural Shading 

  • Low-VOC Materials 

  • High-Efficiency Appliances and Fixtures 

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Financing 

  • Project Based Vouchers provided by Santa Cruz Housing AuthorityServing Veterans, Families (Under Family Unification Program), and Individuals with Disabilities

  • 4% Low Income Housing Tax Credit

  • Tax Exempt Bond

  • CalHFA Mixed Income Program

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View from Water Street
Image by Sid Verma
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©2025 by 831 Water Street, Novin Development

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