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PACIFIC VIEW APARTMENTS
495 Main Street
MORRO BAY CA, 93449
Contact Name:
Contact Phone: (805) 772-8159
Details: We set a precedent in the State with the purchase and preservation of the 26-unit Pacific View Apartments in Morro Bay. By completing the first successful buyout of a Farmers Home Administration (FmHA) "at risk" project we helped avert the displacement of the low income tenants. A number of these tenants had lived in the building since it was built in 1976. At the time of the purchase in 1991, low-income tenants in Pacific View paid an average rent of $175, compared with market rate rents in Morro Bay of $600-$700. We helped avoid the sale and conversion to market rate that had already occurred seven times since 1977, when the same owner had displaced tenants by selling other FmHA-financed low-income projects. Unit Features: All units are equipped with a refrigerator, stove, window coverings, carpeting in the bedrooms. This property also features mobility accessible units.
Website: https://pshhc.org/
Bedrooms Available: 11 One Bedroom Units, 15 Two Bedroom Units
Property Type: Multi-Family Housing Rental - Family
Utilities Included: Water, Trash Service
PINE MEADOWS APARTMENTS
Pacific View Apartments, Morro Bay CA - Multi-Family Housing Rental
MORRO BAY CA, 93449
Contact Name:
Contact Phone: (805) 772-8159
Details: We set a precedent in the State with the purchase and preservation of the 26-unit Pacific View Apartments in Morro Bay. By completing the first successful buyout of a Farmers Home Administration (FmHA) "at risk" project we helped avert the displacement of the low income tenants. A number of these tenants had lived in the building since it was built in 1976. At the time of the purchase in 1991, low-income tenants in Pacific View paid an average rent of $175, compared with market rate rents in Morro Bay of $600-$700. We helped avoid the sale and conversion to market rate that had already occurred seven times since 1977, when the same owner had displaced tenants by selling other FmHA-financed low-income projects. Unit Features: All units are equipped with a refrigerator, stove, window coverings, carpeting in the bedrooms. This property also features mobility accessible units.
Website: https://pshhc.org/
Bedrooms Available: 11 One Bedroom Units, 15 Two Bedroom Units
Property Type: Multi-Family Housing Rental - Family
Utilities Included: Water, Trash Service
PINE MEADOWS APARTMENTS
PACIFIC VIEW APARTMENTS Photos: (Click to enlarge)
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