Affordable Housing is His Family’s Business

Jimmy Silverwood figures he was born into the enterprise he’ll take over as president of Affirmed Housing.
 
Silverwood’s father began the corporate in 1992.

“I grew up on tractors at job websites,” Silverwood stated. “I spent lots of time in my father’s workplace all through the years.”
Silverwood in Could was promoted to president of the San Diego firm, which builds reasonably priced housing residence initiatives all through California and is among the largest reasonably priced housing builders in San Diego County.

“For me, it was a bit pure. It’s a household firm, household enterprise,” Silverwood stated. “My father is considered one of my biggest function fashions.”

His father, Jim Silverwood, will proceed as CEO of Affirmed Housing when Jimmy Silverwood formally takes over as president in June.

Beginning Out

A 2010 graduate of the College of Colorado with a bachelor’s of science diploma in enterprise administration, Silverwood ‘s first job out of faculty was as a venture engineer and estimator with Turner Building.

He moved over to Affirmed Housing in 2013, the place he was govt vp earlier than being promoted to president.

Certainly one of his first jobs with Turner Building was engaged on a brand new baseball stadium for the College of San Diego, a venture that he stated took eight months from begin to end.

“I received like a crash course in eight months engaged on web site, working with subcontractors,” Silverwood stated.

As a lot as he favored working for Turner Building, “at the back of my thoughts, I believed I want to work with my father,” Silverwood stated.

Math was Silverwood’s favourite topic at Torrey Pines Excessive College, which translated effectively to his work at Affirmed Housing.

“I bear in mind getting this instructor, he can be writing on the white board and eventually, he would get to the reply and his eyes would mild up,” Silverwood stated. Silverwood received the identical feeling placing offers collectively for Affirmed Housing.

“I favored getting a deal to pencil out,” Silverwood stated.

Caring

What makes Silverwood particular is that he appears past the numbers to the impact he has on individuals’s lives, stated Carmen Vann, regional venture govt of BNBuilders.
“Jimmy’s actually centered on placing ahead high quality reasonably priced housing, housing that occupants might be happy with that additionally provides them a way of fairness,” Vann stated, with flats which have the identical finishes and facilities that go into market price housing.

“He cares in regards to the properties, he cares in regards to the individuals that he’s offering with entry to reasonably priced housing and entry to providers,” Vann stated.

Claudia Escala, president of Provider Johnson + CULTURE architects, stated that Silverwood takes care to be taught in regards to the neighborhood the place he’s constructing a venture and takes the time to fulfill with neighborhood members.
For instance, Escala stated {that a} $35 million reasonably priced housing venture that Affirmed Housing was constructing in East Village – Hyperlink – initially bumped into robust opposition.

“There was neighborhood concern simply by way of the amount of everlasting supportive housing initiatives that had been coming into the neighborhood,” Escala stated. “We received them to be ok with the venture. Now that the venture is constructed, you’ll be able to see his imaginative and prescient actually delivered to life.”

Silverwood stated he thinks that it’s crucial to work with the neighborhood in designing a venture.

“We do outreach on each single venture,” Silverwood stated. “We predict we undoubtedly owe it to the communities that we serve.”

Altering Attitudes

Provider Johnson was the architect on Hyperlink and Escala stated Silverwood “appears at us as actual companions within the course of. We simply have an important collaboration.”

Silverwood stated the 2 most satisfying points of his job are “seeing our employees thrive and what they do day in and day trip, watching individuals in numerous jobs” and assembly the individuals who transfer into the initiatives that Affirmed Housing has builds.

“Everyone’s human they usually undergo points of their lives, lots of issues are out of their management,” Silverwood stated, including that “possibly they had been on the street or residing of their automotive.”
 
 “To have the ability to present them that (housing) possibility is essentially the most satisfying factor that we do,” he stated.

Silverwood stated that attitudes towards reasonably priced housing initiatives have modified in his time with Affirmed Housing and other people aren’t as able to object to reasonably priced housing initiatives of their neighborhood.

“There’s been a rising consciousness of the homelessness disaster and the necessity for reasonably priced housing,” Silverwood stated. “It’s far more relatable now.”

Affirmed Housing
CEO: Jim Silverwood
President: Jimmy Silverwood
Headquarters: Sabre Springs
Staff: 25
Web site:  www.affirmedhousing.com
Contact: 858-679-2828
Notable: Since 1992, Affirmed Housing has financed greater than $2.5 billion in reasonably priced housing initiatives and has greater than 5,500 flats developed or below growth in 70 communities.