Currently, the district's plan calls for rent per bed to cost at least $500 below the market, according to Jack Beresford, Director of SDCCD's Communications and Public Relations Department.
The new apartment complex will be built where SDCCD's old Child Development Center is being demolished.Many college students face housing insecurity or are homeless. A 2020 survey found that 64% of City College students faced housing insecurity and 20% reported being homeless, according to SDCCD. Michaels is based in New Jersey and has been building projects all over the nation for more than 50 years, including 6,000 units of university student housing, affordable and military housing, SDCCD said.