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New Affordable Housing Development Opens in San Marcos
Development of Eastgate Apartments, a 42-unit affordable housing community in San Marcos, CA is complete. The project was designed for veterans and families with household incomes between 50% and 60% of the San Diego area’s median household income level.
Irvine, CA-based WNC provided approximately $6.6 million in low-income housing tax credit (LIHTC) equity to help fund construction of the apartment complex. The property is part of a mixed-use project that also includes 7,000 square feet of commercial space and was developed by San Diego-based Affirmed Housing Group, Inc.
The mixed-use multifamily development is located at the intersection of Grand Avenue and Creekside Drive. Eastgate’s 42 units consist of six studio apartments, five one-bedroom units, 17 two-bedroom units, 13 three-bedroom units and a two-bedroom manager’s apartment.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development


