2004

June 2004

Press Contacts:
Chris Davis / Sarah Bockhold
805-687-3322

New Affordable Housing Apartments for Families Break Ground in Paso Robles

Paso Robles, CA., June 21, 2004—In their continued mission to increase the amount of affordable housing on the Central Coast, Peoples' Self-Help Housing has begun another Paso Robles development"Canyon Creek Family Apartments," which will provide 68 apartments. The development also includes a large community center, a "tot lot" and play areas.

"Apartments will be rented to households whose incomes do not exceed 50% of the Area Median Income (AMI), adjusted for the family size," explained Jeanette Duncan, Executive Director of Peoples' Self-Help Housing. "A family of 4 will be able to qualify, for example, so long as their income does not exceed $30,850 per year."

The "California Contemporary" style apartments are anticipated to be completed by December of 2005. Applications can be accepted beginning in September of 2005. (The property is located across the street from another Peoples' Self-Help Housing affordable development, Creekside Gardens Senior Apartments, a 29-unit project that began in January, and will be completed by March 31, 2005.)

Partners who helped fund the Canyon Creek Family Apartments include: Alliant Capital, Washington Mutual, USDA Rural Development, California Community Reinvestment Corporation (CCRC), City of Paso Robles Redevelopment Agency, Federal Home Loan Bank of San Francisco, Affordable Housing Program (AHP) with Bank of the West, County of San Luis Obispo, Rural Communities Assistance Corporation (RCAC), State of California, Department of Housing and Community Development.

Other partners include, Andrew Kerr and Tony McHaney of TRIAD Architecture; Larry Werner of North Coast Engineering; Developer & General Contractor, People's Self-Help Housing Corporation (PSHHC); Property Manager, The Duncan Group (affiliate of PSHHC)

--Media Opportunity--

What: A Groundbreaking event for Canyon Creek Apartments, affordable housing in Paso Robles

Who: Representatives from partner groups, City of Paso Robles council Members Jim App, City Manager, Bob Tata and Ed Gallegher, City Planning Department

When: Tuesday, June 22, 10 AM

Where: Canyon Creek Apartments, 400 Oak Hill Rd.

Driving Directions: From Highway 101 going north, exit at Spring Street; right on Spring Street, cross the river, turn right on South River Road, and make an immediate left onto Oak Hill Road. The Canyon Creek Family Apartments site is on the right.