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New Year - New Affordable Housing; Apartments Break Ground in Templeton January 13

New Year - New Affordable Housing; Apartments Break Ground in Templeton January 13

Templeton, Calif. Dec. 2016 – Peoples’ Self-Help Housing (PSHH) is excited to announce the ground breaking for Rolling Hills II (RH II), which will bring 30 affordable housing units to the community upon completion.

PSHH will host a ground breaking ceremony from 11:30 a.m. to 1 p.m. on Friday, January 13, 2017, at 1001-1009 Las Tablas Road, Templeton. The public is invited to join the celebration to mark the start of construction.
RH II will be built on a 2-acre site and once completed feature one- to three-bedroom units ranging from 601 to 1,082 square feet. The development will also include laundry facilities, a barbecue area and tot-lot. Future residents will be able to utilize additional community facilities at the adjacent Rolling Hills development.

RH II will serve households earning up to 60% Area Median Income, and rents will be based on 30% of tenant income. Rolling Hills II is expected to be completed in the spring of 2018.

“Templeton is home to many agriculture workers and hardworking Americans who have been challenged to find a secure and stable place to call home,” said PSHH President/CEO John Fowler. “We’re very excited to see how RH II will positively impact the community.”

Rolling Hills II is the second phase of an existing affordable apartment complex. The original Rolling Hills development was purchased from a private owner in 2010 and underwent major rehabilitation efforts shortly after. The former owners intended to convert the property back to market rate housing, which could have resulted in the displacement of up to 53 low-income households. With financial assistance from the County of San Luis Obispo, California Community Reinvestment Corporation, Low-Income Housing Tax Credits, State Multi Housing Program funds, Federal Home Loan Bank of San Francisco, U.S. Department of Agriculture and Rabobank, PSHH was able to purchase and rehabilitate the site.

Funding partners for RH II include the County of San Luis Obispo, CREA, LLC, the Housing Authority of the City of San Luis Obispo, the San Luis Obispo County Housing Trust Fund and Wells Fargo Bank. Development partners include Rea & Luker Architects, Civil Design Studio and landscape architect Robert Fowler.

Ground Breaking Details
Time: 11:30 a.m.-1 p.m. on Friday, January 13, 2017. Program begins promptly at 11:45 a.m.
Location: 1001-1009 Las Tablas Road, Templeton
To RSVP by Jan. 9, 2017, contact (805) 540-2441 or admin@pshhc.org

About PSHH
Founded in 1970, PSHH is an award winning non-profit organization that develops affordable housing and community facilities for low-income households and homeownership opportunities for working families and special needs populations, such as seniors, veterans, the disabled, and the formerly homeless. With nearly 1,200 self-help homes completed and almost 1,700 rental units developed, PSHH is the largest affordable housing developer on the Central Coast, with offices in San Luis Obispo and Santa Barbara. For more information on Peoples’ Self-Help Housing, visit www.pshhc.org, email communications@pshhc.org or phone (805) 781-3088.