AffordableHousingOnline

Pismo Creek Bungalows

360 Park Ave, Pismo Beach, California 93449

Contact Pismo Creek Bungalows

Apply Online
Send a Message

Message Pismo Creek Bungalows

Call (805) 936-1577

Pismo Creek Bungalows is managed by Peoples Self-Help Housing.

Completed in November of 2012, this development was the first new affordable rental housing development in the City of Pismo Beach. Pismo Creek Bungalows consists of 5 structures and includes 14 one-, two-, and three-bedroom apartments, a community room with meeting space, kitchen, and laundry facility. Peoples’ Self-Help Housing was the project developer and sponsor, and financing was provided by the California Tax Credit Allocation Committee, City of Pismo Beach, Pismo Beach Redevelopment Agency, Merritt Community Capital Corporation, and Wells Fargo Bank.

 

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Eligibility for Pismo Creek Bungalows

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Pismo Beach but actual income limits may differ for units at Pismo Creek Bungalows.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $40,550 $46,350 $52,150 $57,900 $62,550 $67,200
Low Income (60%) $48,660 $55,620 $62,580 $69,480 $75,060 $80,640

Pismo Creek Bungalows Details

  • 14 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • Laundry Facilities
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Images of Pismo Creek Bungalows
Image of Pismo Creek Bungalows