The City of El Monte Celebrates Grand Opening of Affordable Housing Development – Palo Verde Apartments
EL MONTE, Calif. /California Newswire/ — The City of El Monte is fulfilling the housing needs of homeless veterans and low-income families with the grand opening of Palo Verde Apartments (4704 Peck Road) on Thursday, January 24, 2019, at 10:00 a.m.
Palo Verde Apartments, developed by Hollywood Community Housing — a nonprofit affordable housing developer and service provider—features 49 units, 25 designated for homeless veterans and 23 designated for low-income families, and one unit for the on-site manager. During the lease process, the property managers received over 2,000 pre-applications for the income qualified units, reflecting the dire need of affordable units. A lottery system was established to determine the order of interviews to determine eligibility
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