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  • detail image of project

    Clearinghouse CDFI provided financing for Lincoln Park for three parcels of land that will be developed into 78 affordable housing units for seniors.

  • detail image of project

    This project will help create a viable housing option for low-income seniors residing in a distressed area of San Diego.

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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

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
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