Friday, March 27, 2015

Affordable housing development continues to thrive...

On March 20th, Thor Kambam Biberman, of the Daily Transcript published an article about affordable housing development in San Diego.  Featuring comments from our own CFO Nicki Cometa, the article mentions that right now, affordable housing is thriving. 

                             "We are experiencing an average 2% vacancy 
                                          at our properties," Cometa said, adding that with
                                          move-outs followed by quick move-ins, there is 
                                          virtually no vacancy at all.

The article goes on to discuss funding for affordable housing as well as developments underway by Affirmed including Cielo Carmel.  Located in Carmel Valley, Cielo will feature 197 affordable homes.  Another Affirmed community mentioned is Paseo Pointe.  Scheduled to be complete summer 2015, the beautiful new community will feature 69 studio, one, two and three bedroom homes as well as 83 thousand sq. ft. of retail and an adjacent 40 thousand sq. ft. park.  To read more of the great article, visit: 

Paseo Pointe, under construction

Monday, January 19, 2015

Happy New Year!

Happy New Year!

As we enter into the 23rd year of Affirmed Housing the company, it’s always beneficial to reflect on where we’ve come from.  The year of 2014 brought Affirmed numerous groundbreaking events, marking the beginning of four new affordable housing communities; one of which will be housing for senior homeless Veterans.  The company has also celebrated two grand openings resulting in 100 new affordable homes in Los Angeles County.  Arbor Green in Carson CA., has been named LEED Platinum and is virtually net zero (the many green aspects offset utility costs to being just a couple dollars a month).  Lotus Garden, in downtown Los Angeles, has been built to achieve LEED as well and boasts a car matrix, the first affordable housing in California to do so. 

2014 also saw the hire of three new employees.  The accounting team gained Tyler Rich and Sydney Cordova while the development team brought on seasoned housing coordinator, Jeanne Blake. 

And though 2014 was a productive year, we look forward to 2015.  With four groundbreakings to come and four communities to be completed, Affirmed Housing will be busy working on innovative, efficient homes for our community at large. 

Cheers to a prosperous 2015!

Top: Arbor Green Below: Lotus Garden