Mayor Gloria Brings Forward New Funding Awards for Bridge to Home Initiative
Six projects proposing 592 new affordable homes recommended in round 4 of city’s Bridge to Home program
Mayor Todd Gloria announced today that six affordable housing projects have been recommended to receive a total of $24 million in City funding under his Bridge to Home initiative, which helps get shovels in the ground more quickly by providing gap-financing assistance.
The six projects would create 592 new affordable homes – plus six manager’s units – in three different City Council districts. Of the 592 homes, 125 would be set aside as permanent supportive housing for people experiencing homelessness.
“This fourth round of Bridge to Home funding is another way the City is building more housing San Diegans can afford,” said Mayor Todd Gloria. “With nearly 600 additional affordable homes planned in neighborhoods like Southcrest, Grantville, Chollas View, Serra Mesa, and City Heights, Bridge to Home is creating more homes for working families, seniors, and our unhoused neighbors.”
Bridge to Home is administered by the City of San Diego’s Economic Development Department and is funded through a combination of sources that are restricted to the production, acquisition, and preservation of affordable housing: former redevelopment housing funds, federal funds and State of California Permanent Local Housing Allocation (PLHA).
The initiative is one component of Mayor Gloria’s effort to build more housing across San Diego. Building more homes is a key piece of his comprehensive strategy to address homelessness.
The six projects recommended for funding in Round 4 will be presented to the City Council’s Economic Development and Intergovernmental Relations Committee today in a hearing that begins at 2 p.m. They are:
- 40th & Alpha Apartments by Community HousingWorks, which proposes 91 affordable homes plus one manager’s unit in Southcrest. Sixteen of the homes would come with supportive services. Award recommendation: $4.5 million.
- 73rd Street Apartments by Eden Housing, which proposes 119 affordable homes plus one manager’s unit in College Area. Thirty of the homes would come with supportive services. Award recommendation: $3 million.
- The Goodwin on Glacier by Wakeland Housing and Development Corporation, which proposes 130 affordable homes for seniors plus one manager’s unit in Grantville. Award recommendation: $4 million.
- Market Street Apartments by Affirmed Housing Group, which proposes 137 affordable homes for seniors plus one manager’s unit in Chollas View. Award recommendation: $5 million.
- Serra Mesa Apartments by Community HousingWorks, which proposes 59 affordable homes for seniors plus one manager’s unit in Serra Mesa. All 59 of the homes would come with supportive services. Award recommendation: $3.5 million.
- Swift Avenue Apartments by Community HousingWorks, which proposes 56 affordable homes plus one manager’s unit in City Heights. Twenty of the homes would come with supportive services. Award recommendation: $4 million.
The Bridge to Home initiative was launched in 2021 as part of the Mayor’s comprehensive strategy to spur creation of more affordable homes across the City of San Diego.
The total investment of $90.2 million through the first four rounds of Bridge to Home has helped fund 1,976 affordable homes in Rancho Bernardo, Clairemont, Pacific Beach, Serra Mesa, Grantville, College Area, Hillcrest, City Heights, El Cerrito, Downtown, Encanto, Chollas View, Southcrest, Palm City / Nestor and San Ysidro, including 450 homes with attached supportive services for people experiencing homelessness or at risk of becoming homeless.
“Bridge to Home funding has come at a time when creating new affordable housing units has never been more critical in the city of San Diego,” said Christina Bibler, director of the Economic Development Department. “Since Round 1 launched in 2021 to today, these gap funds are helping more than 20 projects move from an idea on paper to physical construction. I am thrilled Round 4 funds will contribute nearly 600 more units to the market.”
So far, two projects funded through Bridge to Home are fully built. Another six are currently under construction, four of which are expected to be completed in 2025.