Lillian Place

Project Details

Featured in CHC Newsletter:

Mar-08

Number of Units:

74

Financing:

City of San Diego (NOFA funding), 9% tax credits, Affordable Housing Program funding, Wells Fargo Bank construction loan, CCRC permanent financing.

Year Opened:

2006

Affordability:

Mixed-income: 80% at 30-60% AMI, 20% at 110% AMI

CHC Member Partners:

California Community Reinvestment Corporation

Centre City Development Corporation

Federal Home Loan Bank

Local Initiative Support Corporation (LISC)

Low-Income Investment Fund

National Equity Fund (NEF)

Sun Country Builders

Wakeland Housing & Development Corporation

Wells Fargo Bank

URL:

http://www.wakelandhdc.com/communities/lillianplace/

Location(s)

Lillian Place

1401 J Street

San Diego, CA, 92101

See map: Google Maps

Lillian Place is only the second 100% restricted, large family affordable housing project built in downtown San Diego since 1994. To accomplish this remarkable feat, the project sponsors pulled together an impressive array of financing and worked through a number of site, planning, and construction difficulties. The project’s 74 units (over