Affirmed Celebrates San Diego Affordable Housing with Local and Statewide Electeds

SAN DIEGO, July 24, 2017 /PRNewswire/ -- Affirmed Housing is pleased to announce that it will celebrate the grand opening of Cypress on July 24, 2017 at 11:00am.  Located at 1435 Imperial Avenue in Downtown San Diego, Cypress is a Permanent Supportive Housing development serving homeless individuals with special needs.  In attendance for the grand opening of the $20 million, eco-friendly project will be California State Senator, Toni Atkins; San Diego Mayor, Kevin Faulconer; San Diego Councilman, Chris Ward; and San Diego Housing Commission President, Rick Gentry.  As a sustainable, transit-oriented development, Cypress pairs the latest in urban design with affordability for those who need housing most: the homeless population in Downtown San Diego.

Cypress will provide 62 studio apartments for residents earning an average of 30 – 40 percent of the area median income (AMI).  The project also has one, one-bedroom manager's unit.  Resident apartments range from 275 to 350 square feet and feature personal kitchens and bathrooms. Shared amenities include a second-level outdoor open space, a community kitchen, tech tables, and lounge areas with abundant natural sunlight.  The environmentally-friendly community also has a solar array to offset 60 percent of its common area energy usage, and offers resident services by St. Vincent de Paul Village, Inc.  The project was designed by Carrier Johnson + Culture and built by HA Builders, with civil engineering by Kettler Leweck Engineering and landscape design by Ivy Landscape Architects.  Funding for the project included 9% federal tax credits, $3,450,000 of development capital from the San Diego Housing Commission, and $3,837,545 in Transit-Oriented Development grant funding. The project was also awarded 62 project-based federal housing vouchers, which have an annual value of $612,312.

James Silverwood, President of Affirmed Housing, states, "Affirmed is pleased to be leading in the efforts of Mayor Faulconer and the San Diego Housing Commission to reduce homelessness in the City of San Diego. In providing permanent supportive housing we believe we are giving our residents the tools they need to succeed and advance their place in society."

Headquartered in San Diego, Affirmed Housing is dedicated to improving and sustaining the viability of California through the development of affordable housing.  For more information, visit www.affirmedhousing.com. 

Contact: Beth Binger
BCIpr
(619) 987-6658
[email protected]

SOURCE Affirmed Housing

Related Links

http://www.affirmedhousing.com