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Valley Senior Village to Provide 50 Affordable Senior Apartments

While the nation’s housing crisis is affecting Americans of all ages, experts have begun sounding an alarm about the shortage of senior affordable housing, with data showing that the rapidly aging U.S. population will only worsen the senior housing crisis in coming decades. But one Escondido development is chipping away at this issue.

The affordable senior housing community of Valley Senior Village recently broke ground and upon completion, will provide 50 affordable apartment homes for seniors with household qualifying maximums at various set asides. The National Community Renaissance and the San Diego Community Housing Corporation (SDCHC) hosted the groundbreaking celebration.

“We are at a critical time where the actions we take now will affect how seniors live for years to come,” said Ted Miyahara, SDCHC president and CEO. “We have a responsibility to provide quality housing that is affordable for our growing population of seniors and supports their needs. I’m proud to say that Valley Senior Village will do exactly that.”

Half of Valley Senior Village’s units will be reserved as permanent supportive housing for seniors experiencing or are at risk of experiencing homelessness, who will be referred through the San Diego Coordinated Entry System.

Chase provided the financing for this project.


Inside The Story

Ted Miyahara

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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