Tuesday, April 18, 2017

Affirmed Housing acquisitions to be developed as permanent supportive housing for veterans

Affirmed collectively acquires 4 parcels for the development of 215 affordable homes for San Diego County homeless Veterans. 

Affirmed Housing has made four recent acquisitions that aim to further their portfolio in Veteran affordable and homeless housing.  Located in the neighborhood of Grantville, a former Motel 6 will be extensively renovated to include 85 units of housing in conjunction with extensive supportive services.  An additional parcel in the Grantville area has also been acquired to provide a ground up, new construction building of approximately 80 apartment homes dedicated to support local homeless Veterans.  Two other acquisitions have been made in the Village/Barrio neighborhood of Carlsbad, CA.  The two parcels will be developed to feature affordable homes for both homeless Veterans and Veteran families.  Designed to offer 50 apartment homes, the two new buildings will mirror one another and seamlessly blend into the local community.  Collectively, Affirmed Housing has approximately 215 Veteran homes combined with supportive services, in the pipeline. 

 “Providing housing with services for our Veterans has become a mainstream issue and one that we take to heart.  Here in San Diego, one in four homeless men is a Vet.  Our Veterans have risked their lives for our country, providing quality affordable housing and the services they need, is the least we can do.” President & CEO James Silverwood. 


Headquartered in San Diego, Affirmed Housing Group is dedicated to improving and sustaining the viability of California through the development of affordable housing. The company aims to enhance communities and our environment by building professionally-managed, high-quality, green, multifamily, senior and homeless housing. For more information visit www.affirmedhousing.com

Thursday, March 30, 2017

We Need Affordable Housing!

Advocating for more Affordable Housing in Washington DC with the California Housing Consortium


There are a lot of hot topics in DC right now, the most important to us?  Affordable Housing, and the continued financial support of the federal government.  There are many advocating and working to make sure our US Congress will continue to protect, strengthen and expand the low-income housing tax credit program. 

*To break it down: the low-income housing tax credits are given out by the government.  They give a certain amount of the tax credits to affordable housing developments.  These tax credits are then bought by the big banks to write off taxes.  In doing so, they fund affordable housing.  The government is currently weighing the value of the tax credits which could hurt affordable housing (specifically, the banks will NOT need the tax cuts anymore- therefore vital funding for affordable housing is kaput)

The Housing Credit is our nation’s most successful tool for encouraging private investment in the production and preservation of affordable rental housing. The Housing Credit has financed nearly 3 million apartments since 1986, which have provided roughly 6.7 million low-income families, seniors, veterans, and people with disabilities homes they can afford. It has provided affordable housing to all 50 states and all types of communities, including urban, suburban, and rural.

One of these advocating groups is the California Housing Consortium.  A collected authority of California’s leaders in the affordable housing industry, the CHC has been active since 1997.  The organization recently celebrated their annual “lobby days” event in Washington DC.  A prime time to be in the political capital, CHC is active in raising awareness of the LIHTC program, its importance, necessity, and the devastation canceling the program would cause. 

The Housing Credit is our nation’s most successful tool for encouraging private investment in the production and preservation of affordable rental housing. The Housing Credit has financed nearly 3 million apartments since 1986, which have provided roughly 6.7 million low-income families, seniors, veterans, and people with disabilities homes they can afford. It has provided affordable housing to all 50 states and all types of communities, including urban, suburban, and rural.


At a time when nearly 11 million Americans are strapped to pay rent each month, join us and advocate groups like the California Housing Consortium in urging congress to support the LIHTC program.   To learn more about CHC click here




Pictured above: CHC annual lobby days in Washington DC.

Photos include:   Jim Silverwood, Marina Wiant, Elizabeth Bluhm, Sheela Jiuan, Michael Gaber, Rebecca Clark, Jonathan Klein, Ray Pearl, and Richard Shea