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Peer Group Corp.
1041 S. Crenshaw Blvd.
Los Angeles, CA 90019

Phone:(323)-954-7575
Fax: (323)-954-7580

Low Income Housing

Something about lowincome housing

Peergroup has always rubbed elbows with low-income housing, simply because many of our residents are low-income. Our familiarity with the issues surrounding low-income households is nowhere more evident than in the success story of New Wilmington Arms in Compton, CA. New Wilmington Arms was built in the early 1970's as an FHA-insured property using below market financing, coupled with 100% Section 8 subsidy. The Section 8 subsidy is still in place, although on a much shorter leash from the US government than before.

Peergroup took over this property in late 1999 and began a program of physical improvements, staff revisions, and resident services, all designed to help create a sense of community with the property. Under Peergroup's care, the property is consistently running at 100% occupancy, and offers the residents a "Higher Learning Center" as part of the recreation center, where residents young and old can acquire computer and internet skils under the supervision of the on-site Resident Services Supervisor. This program also sponsors two collegiate scholarships annually to residents of the property recently graduated from high school.

Peergroup manages a number of other low-income properties that take advantage of a variety of housing subsidies, ranging from common Section 8 vouchers administered by the Local Housing Authority, to "controlled units" under the administrative supervision of the California Housing Finance Agency.