San Diego: $27M affordable housing project opens

A $27 million housing project for low- and very-low income families near Mission Hills has been completed and is fully rented out. The Mission Apartments is an 85-unit complex that sits on 1.5 acres in the Midway District, north of the Mission Brewery building at Washington and Hancock streets. The apartments also are near the Washington Street trolley station. The project, which started construction in August 2011, is a public-private partnership that includes the San Diego Housing Commission. The developer is Agoura Hills-based AMCAL Multi-Housing. Funding sources include the housing commission, Bank of America, California Community Reinvestment Corporation and an allocation of tax credits from the California Tax Credit Allocation Committee.

U-T San Diego Business

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