Affordable housing loans for The Joule and Rady Center Phase II
San Diego
Summary
The council put $10 million into two affordable housing projects: 208 family apartments in Grantville and 89 senior apartments in East Village, both built by Wakeland Housing with 55-year affordability covenants. The loans come from a dedicated housing fund and help the projects compete for state tax credits.
At a glance
- Total mentions
- 3
- Last 30 days
- 3
Discussed at 1 meeting in the last 60 days; most recently Oct 27, 2026.
Impact analysis
$10 million in city loans from a dedicated affordable housing fund, repaid from residual receipts over 55 years.
Low-income families in Grantville and seniors in East Village who will gain affordable homes near transit.
Mentions & discussions (1)
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