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Iron Works Closes Escrow!

Post Date:06/01/2017 2:13 PM

Escrow recently closed on the Housing Authority of San Luis Obispo’s newest affordable housing development in the City, Iron Works, located at 3680 Broad Street!

The project, scheduled to be completed by late 2018, will feature 46 rental units affordable to very-low and low income households (those with incomes less than 80% of the Area Median Income) and one managers unit. Iron Works is comprised of 12 one-bedroom units, 19 two-bedroom units, and 15 three-bedroom units.

Iron Works 2

Iron Works had a complex financing package which included Low Income Housing Tax Credits, and a variety of state, federal, and local sources (City Community Development Block Grant and City Affordable Housing Fund award). Iron Works will be managed by the Housing Authority of San Luis Obispo.

Please contact Jenny Wiseman, Acting Housing Programs Manager, at (805) 781-7010 or via email at jwiseman@slocity.org if you have any questions or need further information.