Rick & Craig

Rick and Craig started their partnership in 1977. For 15 years, they built custom homes for clients while also developing their own projects. Since 1992, they have focused solely on their own development projects. Rick and Craig’s development projects have created 150 moderate cost housing units and rehabbed an additional 62 units in the Santa Cruz area. These units were all built or rehabbed without the aid of fee waivers, grants or any government subsidies. These projects were a combination of rental and for sale housing. These units provide housing for some of our communities best – teachers, nurses, police, firemen, County employees, engineers, retirees, Section 8 residents and many more. Rick and Craig have been recognized with SCOPE awards for their design and quality leadership, and for providing much needed moderately priced housing.

Read more about Rick & Ruth Moe

Rick & RuthRick moved to Santa Cruz in 1970 after attending college in Santa Barbara. He began his construction career as a laborer. He then advanced to an apprentice carpenter, then to a journeyman carpenter and finally obtained his general contracting license. Rick, and his wife Ruth, have been active members of the Santa Cruz community via volunteering, mentoring and charitable contributions. They were founding contributors to the Santa Cruz Museum of Art, annual contributors to the Santa Cruz Breast Cancer Group and have provided a scholarship endowment to the Cabrillo Foundation. Rick and Ruth have two children and three grandchildren who live in the Santa Cruz area.

Read more about Craig Rowell

CraigCraig Rowell was born in San Mateo California in 1948. While attending Cupertino High School he developed a love of surfing and consequently, for Santa Cruz. After hitchhiking through Central and South America, Craig returned to the Bay Area and settled in Santa Cruz in 1971. Once here, he started building boats for Bill Lee. Through that involvement, he became an active member in Santa Cruz’s sailing community. Craig met Rick Moe in 1974, and their partnership as general contractors began in 1977. Since the beginning, Craig and Rick have concentrated on high-quality development, be it custom homes, small subdivisions, or apartment complexes. Craig and Rick take great pride in their attention to detail and high quality, a commitment to keep housing affordable — these traits have served them well for the last 40 years.

Craig met his wife Cory sailing in the Monterey Bay. In 1983 they tied the knot in Capitola. In 1988 they started their family and are the proud parents of two adult daughters. Adrienne lives and works in Oakland, and Elena works at a local startup.

Community involvement and betterment has always been important to Craig. He and Rick were founding contributors to the Santa Cruz Museum of Art and History at its inception in 1992. He and Cory have offered ongoing support to various community charities including Dientes, Pajaro Valley Shelter, Second Harvest Food Bank, Camphill Communities, The Cabrillo College Foundation and The Santa Cruz Women's Health Center. Craig and Cory lived in Capitola until 1992 where Craig served on the Planning Commission for three years. They raised their daughters on the east side of Santa Cruz where they live today.

Previous housing projects

Acorn Court Apartments – Scotts Valley

26 Rental Units
Acorn Court Apartments is located in Scotts Valley, off of Scotts Valley Drive. The 26 - two bedroom, two bath units are owned and operated by Rick & Craig. They work with the management company to maintain the highest standard of rental housing. Acorn Court provides the community 4 affordable units.

slide slide slide slide slide slide slide slide

"I have lived at and managed Acorn Court Apartments here in Scotts Valley for almost two years. It is a beautiful, well maintained property that is a pleasure to call home.
As a manager, I take pride in advertising and renting apartment homes that I feel confident about. We offer spacious two bedroom, two bath apartments that have granite countertops; washer and dryers in the unit, private balconies, and only one shared wall with your neighbors. Additionally, included with all apartments are a good sized storage unit and one long reserved parking space in the parking garage so residents can park tandem style. In my experience, residents have been happy about the extra storage and tandem parking arrangements as it gives them the ability to have a reserved area that can fit two cars and gives them security in knowing they won’t be without a parking space. I have never had a complaint about this parking style.
Acorn Court Apartments is a sweet little haven in Scotts Valley that our residents are happy to come home to."

Thank you,
Sharon Hartung – Community Manager
Acorn Court Apts.

Clinton Street - Santa Cruz

4 Small Single-Family Homes
This project consists of four, small single-family homes at the end of Clinton Street, off Seabright Avenue. The homes provide a moderate cost housing opportunity for four families. This project received a SCOPE award from the City of Santa Cruz .

Cormorant Court Apartments – Santa Cruz

36 Rental Units
The Cormorant Court Apartments are located on Frederick St. in mid-town Santa Cruz. The 36, two bedroom, one bath apartments are actively supported by the owners. They work closely with the management to assure that the apartments are well maintained and the community is kept secure, clean and welcoming. For 30 years, Cormorant Court has provided the City with five affordable apartments.

"The Cormorant Court Apartments are located in Mid-town Santa Cruz off Frederick Street. The 36, two bedroom, one bath apartments are actively supported by the owners. They work with management to make sure our apartments are well maintained and the complex is kept secure, clean and welcoming.
With mature landscaping and a lap pool, our 36 residents range from students to retirees, from Section 8 residents to self-employed individuals with business ranging from music, to art, to sales. We have residents who are single, married and residents with children. There are residents who work in technology, education, government, and even a popular radio DJ.
Based on the number of lease renewals we have each year residents report they love the convenience of the complex to work, school or entertainment. They like that there is an active on-site manager who addresses concerns in a timely manner. They know if there is an issue it will be addressed promptly. They report it is truly a pleasure to call the Cormorant Court our home."

Mike Schmidt, Community Manager
Cormorant Court Apartments

Laureate Court Apartments - UCSC

64 Rental/condominium Units
Laureate Court Apartments is located on the west side of Bay Street, just below the main entrance to UCSC. The community has 15 - one bedroom, one bath units and 49 - two bedroom, two bath units. There are three handicapped accessible units. Rick and Craig operated the community as rentals from 1991 to 2003. In 2003, the project was sold to UCSC to provide much needed housing for beginning faculty and administrators

Roosevelt Terrace - Santa Cruz

21 Small, Detached Cottage Homes
Roosevelt Terrace is located off Broadway. The community consists of 21 small, detached cottage homes on individual lots. There is a combination of one bedroom, two bedroom and three bedroom homes. The project was completed in 1995. Three of the homes were sold as affordable housing and the remainder were sold at moderate income levels. Of the 21 sales, 11 were sold to first time home buyers.