Jamboree Housing Corp. has started construction on a 65-unit supportive housing development in San Ysidro, California, marking the organization’s first new construction project in San Diego County.
San Ysidro Permanent Supportive Housing (San Ysidro PSH), the working name for the development, reflects Jamboree’s collaborative approach to creating more permanent housing with supportive services, said officials.
For the city of San Diego, this development reflects its investment in new housing and service options as part of its Community Action Plan on Homelessness, which cites a need for more than 5,400 units of supportive housing, low-Income housing, or rapid re-housing.
After consulting with local neighborhood organizations, Jamboree increased the number of two- and three-bedroom apartments at property. As a result, the development will feature 52 one-, nine two-, and three three-bedroom apartments when leasing begins in the third quarter of 2022. There will also be a two-bedroom manager’s unit.
The $33.7 million development will transform a 1.75-acre lot that previously housed two 1930s single-family dwellings into a three- and four-story development that opens onto an outdoor courtyard with nearly 2,500 square feet of open space. The property also will feature a 1,500-square-foot community center with a conference room, a resident lounge, and counseling offices that will house on-site supportive services. The site was chosen, in part, because of its proximity to existing community services—a medical clinic, a library, and public transportation are located within a mile of the future supportive housing community.
“Jamboree is committed to providing proven solutions to chronic homelessness,” said Vicky Rodriguez, vice president of housing development. “We work with local municipalities to creatively leverage scarce local resources that produce high-quality housing opportunities and access to supportive services that allow chronically homeless people to rebuild their lives. In a little over a year, San Ysidro PSH will become a physical manifestation of that commitment and creativity.”
Jamboree will oversee the delivery of supportive services provided by Step Up on Second, a longtime service partner that specializes in supportive housing services, including for people living with a mental illness.
San Ysidro PSH will serve households who earn no more than 30% of the area median income (AMI). Twenty-five of the units will be set aside to serve No Place Like Home (NPLH) clients through the county’s Continuum of Care system.
Multiple financing sources are being used to fund the new development, including a $4.2 million loan from the San Diego Housing Commission (SDHC); a $5.5 million NPLH and a $895,715 Innovative Housing Trust Fund allocation from the county of San Diego; $15.4 million in low-income housing tax credit equity provided by Red Stone Equity Partners; and $19 million in construction financing and $7.1 million in permanent financing from Umpqua Bank. SDHC’s loan for this development consists of local and federal funds it administers, including HOME Investments Partnerships funds the Department of Housing and Urban Development provided to the city of San Diego and the city’s Affordable Housing Fund.
