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Home » San Diego Unleashes $15M Investment to Build 528 Powerful New Affordable Homes
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San Diego Unleashes $15M Investment to Build 528 Powerful New Affordable Homes

Mon Anthony EraBy Mon Anthony EraDecember 9, 2025Updated:December 9, 2025No Comments4 Mins Read
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Construction in San Diego. (Photo by Chris Stone/Times of San Diego)
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San Diego is once again advancing its commitment to long-term housing affordability with a bold new investment designed to accelerate development across the city. This week, officials announced a recommendation to allocate $15 million in Bridge to Home funding to four transformative housing projects that together will deliver 528 new affordable homes, pending final approval from the City Council. The initiative marks the sixth round of the city’s innovative gap-financing program, which has become a cornerstone in addressing one of the region’s most urgent challenges.

Since its launch in 2021, Bridge to Home has directed nearly $108 million toward expediting the construction of 2,148 affordable homes across 24 strategic developments. This continued momentum reflects San Diego’s elevated approach to inclusive growth—one that prioritizes community resilience, equitable access, and sustainable economic opportunity.

Mayor Todd Gloria emphasized the significance of this forward-leaning investment, stating, “We’re fighting every day to make housing attainable for all San Diegans. With this new round of Bridge to Home funding, we’re driving forward hundreds of affordable homes and sending a clear message: San Diego is building a future where everyone has a place to live and a chance to thrive.” His message underscores the administration’s resolve to turn housing policy into measurable progress.

Earlier this year, the city issued a Notice of Funding Availability, inviting developers to propose projects that increase the inventory of low- and moderate-income housing. The call generated nine submissions totaling more than $46 million in requested funding. After a comprehensive review focused on feasibility, community alignment, and proximity to essential resources, officials recommended four standout developments:

1. Global Village – Redwood Village
Developed by the Partnership for the Advancement of New Americans and Hitzke Development, Global Village will offer 137 homes, including 41 units designed for residents earning 40% or less of the area median income. In addition to housing, the project features a 2,000-square-foot childcare center, a global marketplace, and an inviting community open space—delivering a vibrant, service-oriented residential environment.

2. The Joule – Grantville
Wakeland Housing and Development Corporation, in collaboration with Citythinkers, Inc., plans 208 affordable homes, with 55 units reserved for individuals at risk of homelessness. This development reinforces San Diego’s ongoing commitment to integrating prevention strategies directly into housing solutions.

3. Promenade Apartments – Hillcrest
Led by CRP Affordable Housing and Community Development and the Community Revitalization Development Corporation, the Promenade Apartments will provide 94 units for families of varying sizes. The project includes 11 permanent supportive housing units with direct services and an additional 18 units prioritized for those at risk of homelessness, offering essential stability in a high-opportunity neighborhood.

4. Salvation Army Rady Center – East Village
Also developed by Wakeland Housing and Development Corporation, this senior-focused community introduces 89 homes, including 55 units designated as permanent supportive housing for older adults experiencing or at risk of homelessness or living with serious mental illness. The project addresses a critical need among one of San Diego’s most vulnerable populations.

According to Economic Development Director Christina Bibler, the benefits of these investments extend far beyond housing. “Affordable housing is foundational to a thriving, inclusive city,” she said. “These developments will not only create much-needed homes but will also deliver community assets such as on-site childcare and locations rich in resources—from quality schools to cleaner environments. These investments will drive stronger economic, educational, and health outcomes for the San Diegans who need them most.”

Projects were evaluated based on financial viability, community support, and their integration into neighborhood contexts. Those located in high-resource areas or including supportive amenities, such as childcare centers, received additional consideration. Developers were also required to qualify through the city’s pre-approved developer list, reinforcing accountability and proven expertise.

Of the $15 million recommended, $10 million stems from former redevelopment funds restricted for new housing and construction-related improvements. The remaining $5 million will come from federal housing and community development allocations, strategically reserved to support smaller developers building projects of 40 units or fewer—a vital mechanism for diversifying the city’s development ecosystem.

City staff will formally present the funding recommendations to the Economic Development and Intergovernmental Relations Committee, followed by a full City Council vote on each loan. Approval would mark another milestone in San Diego’s ambitious housing agenda.

Since its inception, Bridge to Home has partially financed 2,148 affordable homes, including 421 units with onsite supportive services aimed at preventing homelessness. To date, 390 homes are already occupied, while 392 more are under construction, with 286 scheduled for completion by next spring. These milestones demonstrate the tangible impact of a program that continues to reshape the city’s housing landscape with urgency and purpose.

San Diego’s latest investment signals a powerful message: the city is not only responding to the housing crisis—it is architecting a future defined by accessibility, opportunity, and shared prosperity.

San Diego
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Mon Anthony Era
Mon Anthony Era

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