Affordable housing proposed for two Oceanside Sprinter rail stations

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Developers submit plans totaling more than 500 apartments, retail and more for Melrose and Rancho Del Oro train stops

The North County Transit District is advancing plans to build mixed-use, affordable housing projects at two Sprinter train stations in Oceanside. The largest is a proposal for 420 one-, two- and three-bedroom apartments at the Melrose Drive station, where the district owns 2.51 acres at the heart of a rapidly growing residential and commercial area. The Melrose complex would include ground-floor retail, a neighborhood park, and easy assess to multiple modes of public transit.

employees, two Oceanside city representatives and three technical advisers reviewed the two proposals and recommended the board's approval. 'Both projects depend on complicated financing structures, which could include grant funding, low-income housing tax credits, and taxable bonds,' states an

 

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