Third phase of Oak Park housing project holds ribbon-cutting
–Last Friday, the Oak Park Community held a grand opening of the third phase of the community housing project.
Oak Park 3 is a new housing community consisting of 76 affordable one, two, three, and four-bedroom apartments and a community building. The project is the third phase of the four phase Oak Park Community Redevelopment project in the City of Paso Robles. Oak Park was originally built in 1941 as military housing for Camp Roberts and was converted to HUD public housing in the early 1950s. The property consisted of 148 units of barracks-style housing and was owned and managed by the Housing Authority of the City of Paso Robles (PRHA) until its disposition with HUD in 2012 to create new affordable housing.
When the fourth phase is completed, the project will contain 301 affordable housing units. Phase 4 is currently under construction and will contain 75 units.
Financing has been provided by R4 Capital, Rabobank, Jones Lang LaSalle Multifamily, LLC (JLL), Paso Robles Housing Authority, City of Paso Robles, County of San Luis Obispo HOME Funds, San Luis Obispo County Housing Trust Fund, and Project-Based Vouchers from the Housing Authority of San Luis Obispo. Central California Housing Corporation (CCHC) and Affordable Housing Paso Robles are co-developers.
Oak Park 3 was created to showcase sustainable development practices in close proximity to jobs, shopping, parks, schools and transportation. On-site social service programs through Paso Robles Housing Authority and their Youthworks program will connect residents to a variety of activities and services the community has to offer.
Oak Park 3 will serve as a safe affordable place for residents and their families to call home for decades to come.