VALLEY SENIOR VILLAGE

ESCONDIDO, CALIFORNIA 

Valley Senior Village opened in August 2023, transforming a vacant lot into 50 beautiful, affordable apartments for seniors aged 62 and older. Located in downtown Escondido, Valley Senior Village is within half a mile of retail shops, pharmacies, parks, clinics, grocery stores, and a farmers market. Of the 50 apartments, 25 are designated for seniors who were previously unhoused or at risk of homelessness. Additionally, 19 apartments are reserved for residents earning 50 percent or less of the area median income (AMI), while 5 apartments cater to residents earning 60 percent or less of the AMI.

The community is all-electric and features high-efficiency appliances, a robust energy system, and an energy-efficient design. Amenities at Valley Senior Village include a spacious community center, a warming kitchen, a computer center, outdoor gathering spaces, a charming courtyard, laundry facilities, an exercise room, and offices for case management.

Financing for this property was provided by Hudson Housing Capital and Fannie Mae, and it was developed by National CORE and San Diego Community Housing Corporation, utilizing the 9 percent Low-Income Housing Tax Credit (Housing Credit).