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San Diego housing production must triple if the city is to meet its state-mandated goal, new report says

San Diego is falling short of its housing production goals, particularly for low- and moderate-income housing. The city needs to triple its housing production to meet its state-mandated goal of 108,000 new units by 2029. The report also highlights concerns about housing concentration in certain neighborhoods and the declining effectiveness of existing incentives. The number of approved housing units has...

San Diego providing $15.4M in gap financing for 400 low-income apartments

San Diego will provide $15.4 million in gap financing to support five low-income housing projects, including 96 units for formerly homeless individuals. This funding is part of the Bridge to Home program initiated by Mayor Todd Gloria. The money comes from federal funds, sales proceeds, and state housing allocation funds. The previous two waves of funding supported 937 apartments, including 272 for...

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