National Equity Fund, Inc. National Equity Fund, Inc.

Extraordinary things happen when you have great partners
Since 1987, National Equity Fund® has invested more than $13 billion revitalizing neighborhoods,
fostering economic growth and creating affordable sustainable housing.

Brighton Place

Brighton Place

Green Housing

Brighton Place consists of 77 new construction, affordable apartments located in the San Diego suburb of Poway. The development?s 44 two-bedroom and 33 three-bedroom townhouse-style units target families earning 30-60 percent of Area Median Income.

Brighton Place is designed to conserve water and energy with solar technology, energy saving appliances, drought tolerant landscaping, tankless water heaters, rain harvesting systems, and well water for landscaping.

The development?s two tot lots, picnic area and community building, which includes a fully staffed learning center and computer room.

Poway is a short distance east of Interstate 15, the primary north-south highway that links San Diego with Riverside and San Bernardino counties, providing easy access to employment centers along the corridor to the south. Proximity to these locations and an excellent school system make Poway an attractive place to live.

Brighton Place is sponsored by San Diego Interfaith Housing Foundation (SDIHF), a long-time partner of National Equity Fund, Inc. and its parent Local Initiatives Support Corporation. As of 2011, its rental portfolio included 14 projects totaling 1,060 residences.


Project Details

Completed
2012
Location
Brighton Avenue & Edgemoor Street
Poway, CA
Project Type
New Construction/Family
Total Units
77
Mix of Residences
44 - 2 BR
33 - 3 BR
Limited Partnership
Brighton Place, LP
Tax Credit Equity
$11.1 million
Total Project Costs
$20.5 million
Sponsor
San Diego Interfaith Housing Foundation
Permanent Lenders
California Community Reinvestment Corporation
Poway Redevelopment Agency Affordable Housing Program
Download Printable Project Sheet

Print Version

Download PDF

You need Adobe Acrobat Reader to view and print this Project Fact Sheet.

Download Project Sheet