News & Events

Townspeople Acquires 34 unit Apartment Complex

Townspeople Closes Escrow

San Diego, CA- March 1, 2010 -

Townspeople, a San Diego Community Affordable Housing Developer, devoted to provide housing and supportive housing services for low-income people living with HIV/AIDS and other special needs, recently acquired a 34-unit apartment complex in Normal Heights.

The total development cost was more than $6,663,000 and is financed by the San Diego Housing Commission; Multi-Family Housing Program; California Mental Health Services Administration; Housing Opportunities for People with AIDS, a program under the U.S. Dept. of Housing and Urban Development; as well as SHP Capital. The four-building complex has 20 one-bedroom and 14-two bedroom units to accomodate both individuals and families with children. On-site management and supportive services including a resident food pantry are planned.

This new facility will undergo rehab construction over the next few months and is expected to be available for full occupancy by August 2010.

" A Good Day"

"This is a good day and an important step forward for San Diego," said Jon P. Derryberry, Executive Director. "Everyone needs a place to call home and it is especially important for people living with special needs like HIV/AIDS to be able to live more stable, healthy lives. Our affordable housing, combined with our supportive services, keeps people stable and thriving, not just surviving."

About Townspeople

Now in its 26th year, Townspeople owns and operates 66 apartments in Metro San Diego. The non-profit organization's goal is to have 500 units of permanent, affordable housing for low-income people living with HIV/AIDS and other special needs within 10 years. Townspeople serves more than 20,0000 visitors each year, provides services for the homeless and those at risk and is a member of the United Way's Plan to End Chronic Homelessness and the lead consumer agency for the HPRP program developed by the San Diego Housing Commission and is funded through the American Recovery Act. For more information on Townspeople call Tom McSorley, Director, Resource Development(619)-295-8802 x 109. Townspeople is a nonprofit 501(c)(3)tax-exempt organization. Our financials may be found at Guidestar.

Townspeople relies on donations from individuals and businesses to provide our residents, and now 34 more new residents, with servics and support they need to maintain their affordable apartment and live a more self-sustainable. Donate today and help. Just click here.