Two nonprofits have blended the rehabilitation of existing homes with new construction to increase affordable housing opportunities in San Diego.
Wakeland Housing and Housing Innovation Partners (HIP) recently opened Serenade on 43rd, transforming a 0.68-acre site into a unified community of 65 affordable homes, combining 45 new apartments with the rehabilitation of 20 existing units of naturally occurring affordable housing.
The development tackles two of the city’s pressing challenge—rising housing costs and homelessness—integrating 33 affordable homes for low-income working families with 32 supportive housing apartments for individuals exiting homelessness. Rents range from $1,737 to $2,481, and residents pay roughly 30% of their income toward rent.