Homeless Veterans to find housing and onsite service opportunities in 80-unit
apartment community, The Stella
Affirmed Housing begins
construction on The Stella, permanent supportive housing for Veterans in the
Grantville neighborhood of San Diego. An
Italian name which means “star”, Stella will offer comprehensive, on-site
services for residents of the 6-story community. The site is conveniently located within a
half mile of the trolley station and within 4 trolley stops of the local VA
Clinic.
The resident apartments will
average 485 square feet and feature personal kitchenettes and bathrooms.
Supportive services will be provided by Interfaith
Community Services (Interfaith), with expertise in providing
services for homeless and low-income Vets. The project will expand the supply
of much-needed permanent supportive housing for Veterans in an SDHC “Choice”
neighborhood near veteran service facilities and frequent public transit. Funding partners include the San Diego
Housing Commission, Boston Capital, US Bank, VASH, and CCRC.
“This new development will provide much needed
housing and supportive services for homeless Veterans here in San Diego. Not only will Stella provide for our
Veterans, but the new community will also enhance a currently blighted street
corner, as well as breathe new life into the local neighborhood.” states James
Silverwood, President and CEO of Affirmed.
Headquartered in San Diego,
Affirmed Housing is dedicated to improving and sustaining the viability of
California through the development of affordable housing. The company aims at enhancing communities and
our environment by building professionally-managed, high-quality, green,
multifamily housing. Areas of expertise
include site selection, engineering, architecture, construction, relocation,
and marketing. Affirmed also has
extensive knowledge in public finance, low-income housing tax credits, and
tax-exempt bond financing. For more
information, visit www.affirmedhousing.com