Besides affordable housing on Palm Avenue, the funds are also earmarked for creating a safer corridor for pedestrians and bikes and establishing rent-to-own opportunities in San Ysidro.
SAN DIEGO - State funding of $10 million will help construct a transit-oriented affordable housing development at the Palm Avenue Transit Station and other South Bay projects, it was announced Monday.
"It is a priority we make impactful investments in affordable housing and transportation for our disadvantaged communities," said San Diego Association of Governments and San Diego County Board of Supervisors Chairwoman Nora Vargas.
"San Diego won $10 million of a total statewide funding pool of just $30 million, and that's thanks to the city, the county, SANDAG, Casa Familiar, National CORE, and Malik Infill Development working together as a supremely effective public-private partnership," said San Diego Mayor Todd Gloria."The result will be hundreds of deeply affordable homes, new homeownership opportunities, and better-connected mobility pathways for residents in southern San Diego.
"We are excited to be here standing in San Ysidro, a border community that for far too long has been forgotten," said Casa Familiar CEO Lisa Cuestas."San Ysidro deserves a healthy neighborhood; all communities deserve a high quality of life, so let's continue working collaboratively."
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