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.
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.