Affordable Housing Offered to Glendora Residents
San Gabriel Valley Tribune
When she was first forced to leave Glendora after losing her home a few years ago, Stephanie always wanted to return.
Then, about a year ago, she checked with the city about affordable housing.
In December, Stephanie and her children got a special Christmas gift. They would be able to move out of a neighborhood in Covina they didn't like and go back to Glendora. They had been approved for low-income housing at the new Elwood Family Apartments.
"My kids and I always believed our turn was next to be able to start all over. Sometimes it is not easy to do that," said Stephanie, who asked that only her first name be used. "It took lots of prayer. I always wanted to move back to Glendora."
With the housing industry hobbled and the economic horizon hardly in view, Glendora is banking on affordable housing to give some people a boost.
This is the first time the city has pumped money—more than $3 million—into the "brick and mortar" aspects of an apartment complex that provides cheaper rates for those with lower incomes but want a better place for their families, like Stephanie.
"They are beautiful," she said. "I enjoy coming home every day now."
The apartments at 635 S. Elwood Ave. offer two to four bedrooms, and range from 900 square feet to 1,200 square feet. Discounted rates are offered based on income. Rental prices range from $450 for a two-bedroom apartment to $1,231 for a four-bedroom unit.
The discounted brackets usually start when a person's or family's combined income is below $24,000 a year.
"Workforce housing is a critical component to us having a healthy community," said Glendora City Manager Chris Jeffers. "There are all sorts of people that are hardworking but just can't afford housing."
The city put in about $1.9 million to help build the project and the city's redevelopment agency also threw in about $2.75 million, said John Clem, the President of TELACU Homes, the developer.
Clem said the need and demand for affordable housing is high given current conditions. With strong leadership from communities, it is possible to still create positive housing despite the economy, he said.
"All these people who are losing their houses are becoming renters again," Clem said.
And the property manager at Elwood is seeing that. The most popular apartments are the three- and four-bedroom units. Many of those house families who have lost their homes to foreclosure, said property manager Brenda Guidry.
The complex, which has about 80 units, is 52 percent full but has many applications being reviewed.
Date: February 24, 2009
Source: San Gabriel Valley Tribune
Author: Daniel Tedford, Staff Writer