The city of San Diego Monday recommended allocating $15 million in Bridge to Home funding to four proposed housing projects, which would create a total of 528 affordable homes, pending city council approval.
The funding being recommended is part of the gap-financing program’s sixth round. In San Diego, Bridge to Home has spent nearly $108 million to expedite the construction of 2,148 affordable homes across 24 projects.
“We’re fighting every day to make housing attainable for all San Diegans,” Mayor Todd Gloria said. “With this new round of Bridge to Home funding, we’re driving forward hundreds of affordable homes and sending a clear message: San Diego is building a future where everyone has a place to live and a chance to thrive.”…