The city of San Luis Obispo could get a boost in its affordable housing stock following the Planning Commission’s approval of a five-story project on upper Monterey Street.
At Wednesday’s meeting, the Planning Commission voted unanimously — with one abstaining vote — to approve a draft version of a new affordable housing-focused, mixed-use development in the heart of SLO.
The 86,180-square-foot development would provide 105 affordable residential units, 56 of which would be set aside for senior housing plus one non-affordable unit for the property’s manager, SLO housing coordinator Kyle Bell said at the meeting.
The project, which is being developed by the Housing Authority of San Luis Obispo (HASLO) and RRM Design Group, still has a ways to go until ground is broken, but it has cleared the seventh of 12 steps for residential developments.
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