VENTURA : Work Begins on Subsidized Housing - Los Angeles Times
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VENTURA : Work Begins on Subsidized Housing

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Goleta’s drought became Ventura’s gain when the Salvation Army began construction recently on 74 rent-subsidized apartments for senior citizens and disabled adults.

The Salvation Army planned to build the $4.5-million project in Goleta, just north of Santa Barbara, but was forced to look elsewhere when water shortages prompted restrictions on construction, said Margo Reid of Falkenberg/Gilliam Associates Inc., a Pasadena development firm managing the work.

The three-story apartment building at 750 Petit Ave. will contain 56 one-bedroom units and 18 studio apartments. They will be rented exclusively to tenants 62 and older or to those with physical handicaps.

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Under income guidelines, tenants can earn no more than 50% of the county’s median income or a maximum of $15,800 for a single person and $18,100 for a couple.

Tenants would pay 30% of their monthly income for housing, with the balance of the $595 to $682 monthly rents subsidized by the U.S. Department of Housing and Urban Development.

The Salvation Army paid $700,000 for the three-acre orange grove across from Chumash Park. The organization has built similar projects in El Cajon, Oceanside and Santa Fe Springs, beginning in 1985.

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A lottery for prospective tenants will be held next spring, with occupancy anticipated by September, 1991.

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