5411 Santa Margarita Street
San Diego, California
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49 units (3 two-bedroom, 1 three-bedroom and 45 four-bedroom), all designed for families earning 50% or less of the area median income (AMI).
Background & Status:
Acquisition/rehabilitation project originally built in 1984. Renovation began October 2010 and was completed Summer 2011. Owned by Vista Grande, LP in which Wakeland is the sole general partner.
Tax exempt bonds, Federal tax credits, loan from the City of San Diego
Wakeland comprehensive Resident Services programming