The funding was procured with lenders East West Bank, Preferred Bank and RED Housing Fund to begin construction.
With funding from Bank of America, Related California is set to start construction on 710 Broadway, a mixed-use, mixed-income development with a Vons grocery store in Santa Monica.
The Sunnydale Hub will be the neighborhood’s first community center for the more than 1,700 families who will reside within the Sunnydale HOPE SF footprint and the surrounding neighborhood of Visitacion Valley.