2003

July 2003

Contact:
Chris Davis
805-687-3322

Astonishing 1,200 Applications Requested for 80 Unit Peoples' Self-Help Housing Development

Guadalupe, CA, July 23, 2003—A surprising 1,200 applications were handed out by Peoples' Self-Help Housing last week with more requests still coming in for Guadalupe's affordable housing, Riverview Townhomes.

"This is pretty overwhelming," said Roger Barr, of Peoples' Self-Help Housing's rental division. "It's about 3 times more than expected and it really shows the demand and interest in affordable housing in the Guadalupe area-and is also reflective of the need for more affordable housing on the Central Coast," Said Barr.

Typically, about 50% of those who request applications actually submit them after "self-screening" based on criteria. (income levels, credit history, etc.)

A lottery process will then determine the order of applications to be reviewed and qualified.

Peoples' Self-Help Housing distributed applications for 80 rental townhomes last weekend at the Riverview Townhomes in Guadalupe. The apartment complex will be completed in the fall, 2003, and the qualified residents will begin moving in at that point.

Wells Fargo is an important partner in this project as the construction lender and a financial sponsor.

Peoples' Self-Help Housing (PSHH) is an award winning non-profit organization with over 30 years of experience developing housing for low-income and special needs households on California's Central Coast (Santa Barbara, San Luis Obispo, and Ventura Counties). PSHH also provides assistance in the design and implementation of community development programs for numerous cities, counties and community groups.