November 2011

Media Contact: Jeanette Duncan, Executive Director (805) 781-3088 x454
or Rochelle Rose, PSHH Development Director (805) 962-5152 x227 or 448-8338
November 15, 2011

Groundbreaking Ceremony for Pismo Creek Bungalows
Will Provide 14 Units of Affordable Housing in Pismo Beach

The Pismo Creek Bungalows, a 14-unit multi-family development, will be the first newly constructed affordable rental complex in the City of Pismo Beach. Peoples' Self-Help Housing is the general partner and nonprofit developer of the complex which will consist of five buildings, including a community room, kitchen, laundry facility, and meeting space. Four one-bedroom, five two-bedroom, and five three-bedroom units are planned.

The public is invited to the Groundbreaking Ceremony on Tuesday, November 15, 2011 at 11:00 a.m. at 360 Park Avenue in Pismo Beach.

Estimated to be completed by October 2012, Peoples' Self-Housing is acting as general contractor under the supervision of Bill Loar, Peoples' Construction Manager. Project architecture and engineering is by RRM Design Group. Financing is provided by California Tax Credit Allocation Committee, City of Pismo Beach, Pismo Beach Redevelopment Agency, Merritt Community Capital Corporation, and Wells Fargo Bank.

Founded in 1970, Peoples' Self-Help Housing is a charitable non-profit organization with offices in San Luis Obispo and Santa Barbara. Its mission is to provide affordable housing and programs leading to self-sufficiency for low-income seniors, and other special needs groups on California's Central Coast. Peoples' has developed and now manages 1,350 affordable rental units in 20 communities. It has also helped 1,150 low income households build and own their first home.

For more information call (805) 962-5152 x227 or email info@pshhc.org.