The City’s Largest Affordable Housing Project Yet

San Diego’s largest affordable housing development has officially broken ground. Located in the Sudberry Properties’ Civita master plan community, the 306-unit project will have two components that house seniors and low-income families with 203 units dedicated to families and 103 units dedicated to seniors. The units are being constructed as part of San Diego’s inclusionary housing measure and were funded through government tax credits. Chelsea Investments Corp. is developing the affordable housing community and secured the funding for the project. We sat down with Cheri Hoffman, president of Chelsea Investments Corp., to talk about the project, the funding and the demand for affordable housing in San Diego.

GlobeSt.com: This is the largest affordable housing project to come to the San Diego market. Tell me about the impetus for the development.

Cheri Hoffman: The project is part of the Civita master plan community, and the project fulfills the inclusionary housing requirement of Sudberry Properties. The inclusionary housing requirement is a zoning ordinance through the city of San Diego, and it requires that a certain percentage of all housing built be dedicated to affordable. This is the second project in the Civita master plan community that is part of the inclusionary requirement for affordable housing.