Project Specifications

Total Units (90 units)
  • (26) 1-Bedroom: 11 @ 30% AMI, 7 @ 45% AMI, 7 @ 50% AMI, 1 @ 60% AMI
  • (32) 2-Bedroom: 4 @ 30% AMI, 12 @ 45% AMI, 10 @ 50% AMI, 6 @ 60% AMI
  • (32) 3-Bedroom: 4 @ 30% AMI, 11 @ 45% AMI, 10 @ 50% AMI, 6 @ 60% AMI, 1 Manager’s Unit
Role

Owner • General Contractor • Developer
Property Manager • Supportive Services Provider

Onsite Amenities
  • Community Center
  • Preschool
  • Computer Center
  • Laundry Facilities
  • Tot lots
  • Walking/Exercise Path
Financing Sources
  • City of Oceanside
  • County of San Diego
  • Citibank Permanent Loan
  • Wells Fargo LIHTC Equity 9%
  • CalHFA MHSA Funds
  • State of CA HCD VHHP Funds
  • Citibank Subordinate Debt
  • FHLB AHP
  • NeighborWorks Urban Uplift Grant
New Construction (Mixed-Use/Intergenerational))
Mission Cove
3239 Conch Way, Oceanside, CA 92058

Mission Cove is the first phase of a larger intergenerational apartment community in the City of Oceanside. Upon completion, this affordable housing community will provide 288 high quality apartment homes for families and seniors with set asides for veterans and transition-aged foster youth. The community includes the 5,000 square foot Kay Parker Family Resource Center that will host a variety of activities and services for the neighborhood, including a state-licensed preschool. Mission Cove also offers 10,500 square feet of commercial retail space. It is the perfect site for a food store, restaurants and businesses.

Residential buildings will be connected by a well-lit network of walkways, plazas, courtyards, trails and open spaces. Located along a high-frequency bus line, Mission Cove offers direct access to many community amenities and is within walking distance of a local park.

Information about the Services Provider

Hope through Housing Foundation will be providing an on-site state-licensed preschool to help children develop confidence, nurture creativity, and establish lifelong critical thinking skills. Other programs and services will focus on youth and development, health and wellness, workforce development and asset building.

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