The Pismo Beach City Council voted unanimously on Tuesday to move forward with negotiations with the Housing Authority of San Luis Obispo (HASLO) regarding a proposed affordable mixed-use senior housing project.
The council’s vote directs City Manager Jim Lewis to negotiate a development agreement with HASLO for a property located at 2655 Shell Beach Road near Spyglass Drive. HASLO is asking the City of Pismo Beach to commit housing in-lieu fee funds to help finance the project.
Occupancy will be limited to seniors making 60 percent or less than the area median income.
If approved, the project would include a 550-square-foot retail space, 21 affordable 1-bedroom senior apartments, one 2-bedroom manager’s unit, a 1,030-square-foot gathering space for residents, an office, and laundry facilities.