Building Homes for the People Who Make San Diego Work

San Diego Foundation’s new housing partnership is helping turn plans into homes, starting with 38 affordable apartments in North Park.

Under the sun, dozens of people gathered around a construction site, smiling, talking and waiting for the ceremonial shovels to hit the dirt. They had come to celebrate a major housing milestone, and the next chapter for a small piece of this neighborhood.

Soon, the dirt and rebar behind them will give way to 38 affordable homes for working San Diegans.

The groundbreaking marked the launch of new $100 million financing partnership between San Diego Foundation and Bear Creek Fund Advisors , designed to help move affordable housing projects from plans to construction faster.

Louisiana Street is the first of four planned developments , known as the State Streets portfolio, that will create 257 affordable homes in North Park and Normal Heights.