Affordable Housing PartnersAffordable Housing Partners

Chelsea Investment Corporation

Carlsbad, CA

Profile last updated September 12, 2026

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Affordable housing developer & financier

DeveloperProperty Manager
A Carlsbad-based developer specializing in the financing and development of affordable housing throughout California and the Southwest.

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Specialties: affordable housing, tax credit, financing

Properties

7 affordable Chelsea Investment Corporation properties tracked in the AHP directory.

Brawley GardensView

Brawley Gardens

Brawley, Imperial County · 81 units · Family

De Anza HotelView

De Anza Hotel

Calexico, Imperial County · 94 units · Senior

Hotel San CarlosView

Hotel San Carlos

Yuma, Yuma County · 108 units

Miraluz (f/k/a Heber Meadows)View

Miraluz (f/k/a Heber Meadows)

Heber, Imperial County · 64 units · Family

View

Park Place Apartments

Hobbs, Lea County · 88 units

Potiker Family Senior ResidenceView

Potiker Family Senior Residence

San Diego, San Diego County · 200 units · Senior

Harrington Heights (fka 13th & Broadway)Waitlist

Harrington Heights (fka 13th & Broadway)

San Diego, San Diego County · 273 units · Mixed

Current TCAC Projects

🔍
developer

6th Street Seniors

Coachella · 2025 · 53 units · 9%

developer

Terrasini

San Diego · 2024 · 95 units · 9%

developer

Harrington Heights (fka 13th & Broadway)

San Diego · 2023 · 273 units · 4%

developer

SDSU Mission Valley

San Diego · 2025 · 126 units · 4%

developer

Arc Village Apartments

Palm Desert · 2024 · 40 units · 9%

developer

River City Apartments

Sacramento · 2025 · 66 units · 9%

1 / 3 · 13 projects

Affordable housing developers in Chelsea Investment Corporation's markets

Chelsea Investment Corporation has TCAC/LIHTC projects in these California cities — compare the developers active in each:

Developers in SacramentoDevelopers in San DiegoDevelopers in BakersfieldDevelopers in CoachellaDevelopers in Palm Desert

LIHTC Track Record

TCAC LIHTC award data through 2025.

Note: Counts reflect only projects financed through the TCAC Low-Income Housing Tax Credit (LIHTC) program. Affordable housing developed through other sources — HOME loans, Section 8 contracts, USDA programs, or bonds without a tax credit award — is not included and may explain differences from this organization's own project count.

7,318
LI Units Built
85
TCAC Projects
7,318
JV Units
1,513
In Pipeline
🔍

101 projects total

LIHTC project history
ProjectCityRoleLI Units
Market Square ManorJVExtendedSan Diegoco_sponsor198
Brawley Family ApartmentsJVExtendedBrawleyco_sponsor79
Villa Lara ApartmentsJVExtendedImperialco_sponsor79
Calexico Family ApartmentsJVExtendedCalexicoco_sponsor79
Mariposa ApartmentsJVExtendedCarlsbadco_sponsor105
Westmorland Family ApartmentsJVExtendedWestmorlandco_sponsor64
Countryside ApartmentsJVExtendedEl Centroco_sponsor72
Holtville Gardens ApartmentsJVExtendedHoltvilleco_sponsor80
Imperial Gardens ApartmentsJVExtendedImperialco_sponsor80
Rancho del Norte ApartmentsJVExtendedSan Diegoco_sponsor118
Brawley Elks Senior ApartmentsJVExtendedBrawleyco_sponsor80
Brawley Gardens ApartmentsJVExtendedBrawleyco_sponsor80
Heber Family ApartmentsJVExtendedHeberco_sponsor80
The CrossingsJVExtendedSan Diegoco_sponsor107
Villa DoradoJVExtendedCalexicoco_sponsor79
Dawson Avenue Senior ApartmentsJVExtendedSan Diegoco_sponsor87
15th & CommercialJVExtendedSan Diegoco_sponsor139
Silver Sage ApartmentsJVExtendedLakesideco_sponsor79
South Mill Creek ApartmentsJVExtendedBakersfieldco_sponsor69
Estrella del MercadoJVPlaced In ServiceSan Diegoco_sponsor91
Pacific Sun ApartmentsJVPlaced In ServiceHuntington Beachco_sponsor6
Calexico Andrade ApartmentsJVExtendedCalexicoco_sponsor51
Brawley Pioneers ApartmentsJVExtendedBrawleyco_sponsor75
Cedar Creek Apts. fka Fanita 48 Family Apts.JVExtendedSanteeco_sponsor47
Oakridge ApartmentsJVExtendedOakdaleco_sponsor40
Las Brisas (El Centro Family Apartments)JVPlaced In ServiceEl Centroco_sponsor71
Terramar ApartmentsJVPlaced In ServiceSan Diegoco_sponsor20
De Anza II ApartmentsJVPlaced In ServiceCalexicoco_sponsor53
C.L. Dellums ApartmentsJVPlaced In ServiceOaklandco_sponsor72
Vista TerraceJVPlaced In ServiceVistaco_sponsor46
Fairbanks CommonsJVPlaced In ServiceSan Diegoco_sponsor163
Civita SeniorsJVPlaced In ServiceSan Diegoco_sponsor148
Alpha SquareJVPlaced In ServiceSan Diegoco_sponsor148
Fairbanks SquareJVPlaced In ServiceSan Diegoco_sponsor98
Alpha SquareJVPlaced In ServiceSan Diegoco_sponsor53
Las PalmerasJVPlaced In ServiceImperialco_sponsor55
Mill Creek CourtyardJVPlaced In ServiceBakersfieldco_sponsor61
Villa PrimaveraJVPlaced In ServiceCalexicoco_sponsor47
Willie James Jones ApartmentsJVPlaced In ServiceSan Diegoco_sponsor31
Westminster ManorJVPlaced In ServiceSan Diegoco_sponsor150
PHR Unit 24JVPlaced In ServiceSan Diegoco_sponsor95
Ouchi CourtyardsJVPlaced In ServiceSan Diegoco_sponsor44
Trolley ResidentialJVPlaced In ServiceSan Diegoco_sponsor51
Torrey Vale ApartmentsJVPlaced In ServiceSan Diegoco_sponsor27
Mill Creek VillageJVPlaced In ServiceBakersfieldco_sponsor62
Volta Apartment HomesJVPlaced In ServiceChula Vistaco_sponsor122
Duetta Apartment HomesJVPlaced In ServiceChula Vistaco_sponsor86
Cesar Chavez Phase IIJVPlaced In ServiceCoachellaco_sponsor79
Quarry CreekJVPlaced In ServiceCarlsbadco_sponsor63
Fairbanks Terrace ApartmentsJVPlaced In ServiceSan Diegoco_sponsor82
Mesa VerdeJVPlaced In ServiceSan Diegoco_sponsor89
Villa StoriaJVPlaced In ServiceOceansideco_sponsor37
The Lofts at Normal HeightsJVPlaced In ServiceSan Diegoco_sponsor52
Ramona Seniors ApartmentsJVPlaced In ServiceRamonaco_sponsor61
Town & CountryJVPlaced In ServiceSan Diegoco_sponsor140
San Ysidro Family ApartmentsJVPlaced In ServiceSan Diegoco_sponsor137
Civita II FamilyJVPlaced In ServiceSan Diegoco_sponsor201
Brawley Adams IJVPlaced In ServiceBrawleyco_sponsor59
Las Praderas (aka Calexico Ramin)JVPlaced In ServiceCalexicoco_sponsor59
Siena fka Civita II SeniorsJVPlaced In ServiceSan Diegoco_sponsor102
Regency Centre ApartmentsJVPlaced In ServiceSan Diegoco_sponsor99
Playa del Sol Family ApartmentsJVPlaced In ServiceSan Diegoco_sponsor41
St. Regis Park ApartmentsJVPlaced In ServiceChula Vistaco_sponsor118
SalernoJVPlaced In ServiceIrvineco_sponsor79
14C VHHP ApartmentsJVPlaced In ServiceSan Diegoco_sponsor80
14th & Commercial ApartmentsJVPlaced In ServiceSan Diegoco_sponsor323
Mid-City Family ApartmentsJVPlaced In ServiceSan Diegoco_sponsor77
Harris Family Senior ResidenceJVPlaced In ServiceSan Diegoco_sponsor115
Palomino Apartments (FKA: Brawley Adams II)JVPlaced In ServiceBrawleyco_sponsor59
Pueblo Viejo VillasJVPlaced In ServiceCoachellaco_sponsor104
Countryside II Family ApartmentsJVPlaced In ServiceEl Centroco_sponsor55
Fairbanks Terrace IIJVPlaced In ServiceSan Diegoco_sponsor30
Apollo Apartments (FKA: Poway Commons)JVPlaced In ServicePowayco_sponsor43
CorallinaJVPlaced In ServiceSan Diegoco_sponsor16
Weingart Tower IJVPlaced In ServiceLos Angelesco_sponsor133
Weingart Tower IIJVPlaced In ServiceLos Angelesco_sponsor142
WoodlandJVPlaced In ServiceWoodlandco_sponsor71
SagewoodJVPlaced In ServiceBakersfieldco_sponsor71
Calexico MeadowsJVPlaced In ServiceCalexicoco_sponsor59
Pioneer ApartmentsJVPlaced In ServicePortervilleco_sponsor67
Columba Apartments (fka Millenia II)JVPlaced In ServiceChula Vistaco_sponsor198
Aquila Apartments f.k.a. 3RootsJVPlaced In ServiceSan Diegoco_sponsor178
Remington VillasJVPlaced In ServiceCalexicoco_sponsor59
MessinaJVPlaced In ServiceSan Diegoco_sponsor78
Jacaranda GardensJVPlaced In ServiceEl Centroco_sponsor95
ModicaJVPreliminary ReservationSan Diegoco_sponsor93
TaorminaJVPreliminary ReservationSan Diegoco_sponsor135
JunipersJVPreliminary ReservationSan Diegoco_sponsor80
TripoliJVPreliminary ReservationCoachellaco_sponsor107
Miraluz (f/k/a Heber Meadows)JVPreliminary ReservationHeberco_sponsor63
Harrington Heights (fka 13th & Broadway)JVPreliminary ReservationSan Diegoco_sponsor270
Auburn StreetJVPreliminary ReservationBakersfieldco_sponsor59
TerrasiniJVPreliminary ReservationSan Diegoco_sponsor94
Fox Point FarmsJVPreliminary ReservationEncinitasco_sponsor39
Arc Village ApartmentsJVPreliminary ReservationPalm Desertco_sponsor39
The Trails at Carmel Mountain RanchJVPreliminary ReservationSan Diegoco_sponsor124
Clearlake ApartmentsJVPreliminary ReservationClearlakeco_sponsor79
River City ApartmentsJVPreliminary ReservationSacramentoco_sponsor65
6th Street SeniorsJVPreliminary ReservationCoachellaco_sponsor52
SDSU Mission ValleyJVPreliminary ReservationSan Diegoco_sponsor125
Mira MesaJVPreliminary ReservationSan Diegoco_sponsor89

Source: TCAC LIHTC Awards + HCD APR · See all California builders →

Role Track Record

20
Built
1
Owns
1
Manages now

Updates

No updates yet.

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