Lincoln Park Paseo
Over $2 Million for Acquisition of Vacant Land to be Developed into Affordable Senior Housing Units
Clearinghouse CDFI provided over $2 million in financing for Lincoln Park Paseo to acquire three parcels of land. The parcels will be developed into 78 affordable housing units for seniors.
This project will help create a viable housing option for low-income seniors residing in a distressed area of San Diego with a poverty rate of 31% and an unemployment
rate of 15%.
Download the flyer: Just Funded – Lincoln Park Paseo
18CA-1618b
Financing Provided:
$2 Million
Location:
San Diego, CA
Impact:
78 Affordable Housing Units for Seniors
Purpose:
Acquisition of Vacant Land to Be Redeveloped into Affordable Senior Housing Units
Year Funded:
2019
