Sally Wong Building

About the project


Since its inception in 1998, Wakeland Housing and Development Corporation has been committed to delivering high-quality and cost-efficient housing that meets the diverse needs of the communities they serve. Guided by the values of quality, partnership, expertise, and resident success, Wakeland Housing and Development Corporation has created 7,500 affordable homes throughout California.

Wakeland Housing and Development Corporation is headquartered in San Diego, CA, and operates 51 affordable properties in the state.

LISC provided $5,500,000 in acquisition financing to aid in the purchase, demolition, and rebuilding of the blighted Sally Wong building located in City Heights, San Diego. The project will eventually provide 114 units of affordable housing and 15,000 square feet of commercial and industrial space.

More LISC Lending's Project Profiles

Partner:

Wakeland Housing and Development Corporation

Location:

San Diego, CA

Total Investment:

$5.50 million

Results:

114 units
15,000 square feet

Project Category:

Affordable Housing

Product:

Acquisition loan

Website:

wakelandhdc.com

UN SDGs: