For 30 years, San Diego Habitat for Humanity’s proven and trusted model has offered families the stability, security, and opportunity for intergenerational success and resiliency that affordable homeownership provides.
In San Diego, fewer than 51% of residents can afford to own a home.
In one of the least affordable markets in the country, the average cost of a home continues to soar upwards of $600,000—outpacing the $275,000 benchmark definition for affordable housing set by the Department of Housing and Urban Development (HUD).
The San Diego region has much to gain from ensuring that every family, every child, and every individual has a safe, secure, and stable place to call home. When homeownership increases, communities thrive. Civic engagement, public safety, and small business success rates increase, while pre-existing blight and crime tend to decrease.
The Homebuilding Investment Fund offers an immediate and tested opportunity to scale much needed access to affordable housing for San Diego families. This fund creates new, replicable models for various stakeholders and citizens to come together to finance and spur innovation for affordable housing in the San Diego region and across the country.