San Diego Housing Commission would use state funds toward $150 million purchase of extended-stay hotels
The San Diego Housing Commission will apply for state funds to help purchase three extended-stay hotels with more than 400 rooms that could provide homes for people experiencing or facing homelessness.
The latest round has $736 million throughout the state, and $34 million has been set aside for the San Diego region. On top of the money set aside for San Diego, local agencies also can apply for a share of the statewide funds. Commissioners praised their staff for working on the proposal that could house hundreds of homeless people at a time when the area’s median home price“These programs are incredible when you see the cost at the door,” Commissioner Stefanie Benvenuto said, referring to the per-door cost.
In February 2022, Father Joe’s Villages opened Saint Teresa of Calcutta Villa, a 407-project that cost $145 million, or $356,000 a room.
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