Poinsettia Station

This transit-oriented development provides 92 affordable rental homes within walking distance of the commuter train station, the ocean and retail services. Nonprofit developer BRIDGE Housing worked with Benchmark Pacific, developer of a larger master-planned community, to create these units in order to satisfy affordability requirements. According to the Carlsbad Inclusionary Housing Ordinance, no less than 15 percent of all residential units in any residential subdivision with more than 7 homes must be affordable to, and set aside for occupancy by, lower-income households (below 70 percent of the AMI for renters). Rental units built under the Inclusionary Housing program must remain income-restricted for at least 55 years.