Throughout the first several months of 2023, Chelsea Investment Corporation has continued its commitment to provide affordable housing communities for low-income families, veterans, seniors, and people with developmental disabilities. 

Chelsea Investment Corporation Joined by City and County Elected Officials at Groundbreaking Ceremony for Tripoli, a $63M, 108-Unit Affordable Apartment Community for Low Income Families.

Chelsea Investment Corporation, California State Treasurer Fiona Ma, El Centro Mayor Martha Cardenas-Singh, El Centro City Councilmembers Celebrate the Groundbreaking of Jacaranda Gardens a 96-Unit Affordable Apartment Community for Families in the City of El Centro…

After nearly 40 years at the helm, Chelsea Founder, Jim Schmid, has retired as CEO. 

San Diego Business Journal Names Jim Schmid One Of San Diego’s Most Influential Business Leaders

Mayor Todd Gloria joined Price Philanthropies, Chelsea Investment Corporation, Serving Seniors, civic leaders, and community members for the grand opening of Harris Family Senior Residence and Mid-City Family Apartments

Chelsea Investment Corporation (Chelsea), ranked the largest California-based affordable housing developer in 2021 by Affordable Housing Finance, recently celebrated groundbreakings for three new affordable housing developments in Woodland, Porterville, and Bakersfield, with all three totaling $77.3M.

Chelsea Investment Corporation, Nancee Robles, Executive Director, California Tax Credit Allocation Committee, and Brawley Mayor Sam Couchman join for the Grand Opening of Affordable Housing for families and farmworkers.

Chelsea Investment Corporation and Bakersfield Mayor Karen Goh joined with civic and community members to celebrate the groundbreaking of Sagewood, a $25.9M, 71-unit affordable housing community, located at the corner of Stine and Berkshire.

Woodland Mayor Mayra Vega, and District 5 County Supervisor Angel Barajas came together to celebrate the groundbreaking of Vista del Robles, a 72-unit affordable housing community for families.

Chula Vista Mayor Mary Casillas Salas, and Chula Vista City Councilmember Jill Galvez joined Chelsea Investment Corporation, Meridian Development, financing partners and development team members to celebrate the groundbreaking of Columba affordable apartments in Millenia.

Chelsea Investment Corporation Welcomes California State Treasurer Fiona Ma and San Diego Mayor Todd Gloria for the Grand Opening of Saint Teresa of Calcutta Villa a 14-Story, 407-Unit Affordable Housing Development in the City of San Diego.

Chelsea Investment Corporation Celebrates Grand Opening of Apollo, Featuring 44 Affordable Units for Seniors within Poway Commons in the City of Poway.

Coachella Mayor Steven Hernandez, and Jim Schmid, the founder CEO of Chelsea Investment Corporation, a national developer specializing in building only affordable housing communities, walked the site of the newly-completed Pueblo Viejo Villas.

Construction of a 278-unit, 19-story permanent supportive housing high-rise was celebrated at a ceremony today at 555 S. Crocker Street in the Skid Row district of downtown Los Angeles.

February 17, 2022: El Centro Mayor Tomas Oliva joined Chelsea Investment Corporation, (and Councilmember XX, and County Board Supervisor XX) for the grand opening of Girasol, a two-story 56-unit affordable housing community which includes 10 units set aside specifically for residents with developmental disabilities.

Reflecting the importance of the housing affordability issue in San Diego, the local Building Industry Association (BIA) bestowed its highest honor on one of the city’s most respected developers of affordable housing, Jim Schmid