Forty homes are proposed at Mount Hermon and Glen Canyon roads in Scotts Valley. (CRP Affordable Housing and Community Development)
Last updated: August 2025
Project name: Pinnacle Pass Apartments
Location: 75 Mount Hermon Road, Scotts Valley
The site is a strip mall off Mount Hermon Road at Glen Canyon Road.
Project description
- Total units: 40 units including one manager’s unit. Plans include 23 two-bedroom and 17 three-bedroom homes.
- Affordable units: 39.
- Waitlist: 25 units are expected to be filled from the Housing Authority of the County of Santa Cruz’s Section 8 waitlist including 10 specifically for people with disabilities. The Section 8 waitlist is closed and could open in 2026, Jenny Panetta, director of the housing authority, said in July 2025. The remaining 14 units are expected to be filled by the developer, and an interest list for prospective tenants is expected closer to the completion of construction.
- Height: Three stories.
Status
- Construction could begin in February 2026 and finish in November 2027. The project was awarded about $27 million in tax credits and about $22 million in low-interest state loans at an Aug. 5 meeting of the California Tax Credit Allocation Committee meeting. Tax credits are a key source of funding for below-market-rate housing projects.
- The project was proposed in October 2024. It was awarded 25 project-based vouchers through Section 8 and the Housing Authority of the County of Santa Cruz.
Developer
San Diego-based real estate firm CRP Affordable Housing and Community Development.
The site of the proposed development is a strip mall off Mount Hermon Road across from Glen Canyon Road. (Amaya Edwards — Santa Cruz Local/CatchLight Local)
Shops could be redeveloped into below-market-rate housing at 75 Mount Hermon Road. (Amaya Edwards — Santa Cruz Local/CatchLight Local)
Read more
- 162 below-market-rate homes on tap in Scotts Valley — Aug. 26, 2025
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