Community HousingWorks Earns ‘Best
of Best' Award
for Its New Smart Growth Affordable Housing Complex
June
22, 2004 - Community HousingWorks, a San Diego area NeighborWorks®
organization, recently won the San Diego Housing Federation's
Best of the Best Award for its new Hillside Village project. Abdi
Abdul, resident manager at Bandar Salaam, another Community Housing
Works property, was also honored as Best Resident Manager by the
Federation.
The 71-unit Hillside Village, envisioned by the city of Poway,
combines the best of city and country. The development is surrounded
by 24 acres of city open space, yet is within walking distance
of office park jobs, shopping, an elementary school, parks and
a library. The complex includes 35 three- and six four-bedroom
apartments, as well as 11 one- and 19 two-bedroom apartments,
a computer learning center, walking paths and playgrounds, and
a low-cost childcare center for 24 children from the larger community.
Four apartments are set aside for families that include a member
with developmental disabilities. The waiting list was closed after
it topped 500 families. A family of four must earn less than $31,600—less
than half of the county's median income—to be eligible
for residency.
More than 40 percent of the new residents work in Poway. "The
residents' jobs illustrate the range of San Diegans who
need affordable housing – from mortgage department assistants
to landscapers to assistant teachers, from dry cleaner clerks
to electronics workers," noted Sue Reynolds, executive director
of Community HousingWorks.
The project originated from a Poway city council decision in
the mid-1990s to buy 32 acres of land and set it aside for affordable
housing and open space. In 2001, the council also voted to make
this a true "smart growth" project by increasing the
project units from the fifty apartments originally planned and
adding 21 unassigned units from the area plan. The complex began
construction in February 2002. Nonprofit developer Community HousingWorks
will retain long-term affordable ownership.
Affordable housing financing included a Poway Redevelopment Agency
deferred loan of $3.6 million, a federal low-income tax credit
investment of $8.8 million from Columbia Housing, and a Federal
Home Loan Bank Affordable Housing Program deferred loan of $280,000.
A 30-year loan from Washington Mutual Bank loan of $1.7 million
completed the financing package.
For more information about Community HousingWorks, visit www.chworks.org.
For more information on the NeighborWorks Training Institute,
visit www.nw.org or call (800) 438-5547.
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