Crews broke ground Wednesday on a housing development in Pacific Beach that will create 59 studio apartments reserved for low-income households.
The Rose Creek Village development is being constructed alongside the Rose Creek walking and biking trail.
“Projects this extraordinary only happen when we come together as a community and work together to get this done,” San Diego Mayor Todd Gloria said. “I think this is really exciting, and it’s a template for what we ought to be doing more of in our community.”
The city awarded the developers of the project a $4 million loan through its Bridge to Home program and permits were expedited through the city’s Affordable Housing Permit Now program — averaging around eight days to review projects like Rose Creek Village.
“Every community in San Diego deserves to have housing that is affordable for residents to live in,” said City Council President Pro Tem Kent Lee. “We’re going to continue to fight for that to ensure that we continue to place housing next to the great jobs, the great schools, and the good transit that we have in our region.”
The San Diego Community Housing Corporation and National Community Renaissance of California are developing the project in collaboration with the city, San Diego County, the San Diego Housing Commission and additional partners.
The housing commission has awarded the project a $2 million loan and 47 housing vouchers. Of those, 18 are Veterans Affairs Supportive Housing vouchers for veterans experiencing homelessness. These vouchers will remain with the project, even after people move out.
Additionally, the county loaned the project’s developers more than $4 million through its No Place Like Home program.
Rose Creek Village is intended to remain affordable for 55 years for households with incomes up to 60% of San Diego’s Area Median Income — currently $69,480 per year for a one-person household. There will be one unrestricted manager’s unit in addition to the 59 affordable apartments.
“We believe it’s the right project here — at the right time, in the right place,” said John Seymour with National CORE. “It addresses the housing, the infrastructure, and the revitalization needs of Garnet (Avenue) and does so in a way that at least the developers and many of the community people living here today believe is in character and is in scale with the surrounding neighborhood.”
The Hope Through Housing Foundation, a nonprofit affiliate of National CORE, will provide services to the residents including financial literacy, computer training, home-buyer education, GED classes, and more, a statement from the foundation reads.
Rose Creek Village will use rooftop and facade solar panels to keep the building entirely powered by electricity.
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