AFFIRMED HOUSING GROUP TO DEVELOP 275-UNIT AFFORDABLE HOUSING PROJECT

SAN DIEGO — Affirmed Housing Group is developing Studio 15, a 275-unit affordable residential project located at 1475 Imperial Ave. in San Diego. Available to individuals making 40 to 60 percent of the average median income, the development will feature studio apartments with efficiency kitchens, twin beds, dressers, desks and 26-inch plasma televisions. Additionally, the common areas include a WiFi-equipped café, a lounge and commercial kitchen and a television/theater room with a 52-inch plasma television and theater system, as well as a laundry room equipped with a state-of-the-art laundry alert system. Completion is scheduled for March 2009. Carrier Johnson Architects provided architectural services, while Allgire General Contractors served as general contractor. Financing was provided by Citibank, Boston Capital and City of San Diego Redevelopment Agency.