Case Study Valencia Pointe
5930 Division Street, San Diego, CA 9211
102 units, new construction
Land Acquisition: December 2018
Total Project Cost: $50.4MM
Cash Developer Fee: $1.76MM
Population Served: Low to moderate income families
Services Provided:
STEP Centers (Striving Towards Economic Prosperity)
DUI Education Program
Head Start, Early Head Start & State Preschool
Senior inter-generational program
Food bank partnership
Current Status
In September 2020, CRP Affordable Housing successfully closed on financing with Citi Community Capital, Hunt Capital Partners, Monarch Private Capital, and the County of San Diego
Construction was completed in June 2022.
The Fund partnered with the Metropolitan Area Advisory Committee on Anti-Poverty of San Diego County (MAAC) to serve the Valencia Pointe community by providing life-changing resident services that promote health, wellness and self-sufficiency.
MAAC offers programs that address significant barriers to housing stability, allowing individuals and families to work closely with staff to identify housing opportunities that improve their quality of life.
