Mayor Todd Gloria has advisable three extra reasonably priced housing tasks Wednesday for funding beneath San Diego’s “Bridge to House” program to finish homelessness.
The three tasks chosen for funding in Spherical 2 of this system will create 242 houses, together with 39 which might be put aside for folks experiencing or liable to homelessness. The three tasks are:
- Cuatro at Metropolis Heights – 115 houses
- Encanto Gateway – 64 houses
- Iris Avenue Trolley Station (San Ysidro) – 63 houses
All are inside a half-mile of an current or deliberate main transit cease, making this system in step with town’s local weather technique.
“San Diegans are struggling due to the excessive price of housing, and one of the best ways to handle that’s to dramatically enhance the manufacturing of houses that low and middle-income San Diegans can afford,” Gloria stated.
“Once we full Spherical 2 of this program — simply over a yr since we launched — we’ll have greater than 900 new reasonably priced houses for lower-income residents authorized and within the pipeline, with extra to return,” he added.
Underneath the program, mortgage funding is made accessible to reasonably priced housing builders to assist full their financing for tasks.
In Spherical 1 of this system, town awarded $31.9 million to the builders of seven tasks that can create 662 reasonably priced houses, together with 193 that might be put aside for folks experiencing homelessness. Six of these seven tasks have been authorized by the Metropolis Council, with the remaining mission anticipated to return ahead for a vote this month.