Rentals

Most of CHISPA’s rental communities are family oriented and include open areas and playgrounds. Many developments include resident centers providing educational, social and recreational opportunities. Some resident centers also include computer labs with Internet access.

 

The rental communities provide affordable housing for working individuals, families, and seniors who do not have the financial resources for home ownership. Each year, some families living in CHISPA's rental developments move on to purchase homes in the community, including families who participate in CHISPA’s self-help housing program.

 

CHISPA developed and operates five apartment buildings in Salinas, Marina and Monterey that provide affordable rental housing for low and very-low income seniors. CHISPA plans to build another 35 to 40-unit affordable senior rental property in Marina on De Forest Road near the Post Office.

 

All of CHISPA’s rental communities undergo the same design review and permit process as market-rate developments. With quality construction and professional property management, these affordable rental complexes fit in with the other homes in the neighborhood.

 

Rent levels are generally based on area median income as prescribed annually by the U.S. Department of Housing and Urban Development (HUD) and other regulatory qualification criteria from the financing sources.

 

Most of CHISPA’s rental properties accept Section 8 vouchers.