Visalia-based Self Help Enterprises has submitted plans to the city that are being reviewed by City Engineer Ken Irwin.
The nonprofit expects to build 80 owner-occupied homes and 80 rentals, according to Tom Collishaw, director of development for Self Help Enterprises.
“We’ve done a number of successful projects in Patterson dating back to the late 1960s,” Collishaw said. “Our last one was eight years ago.”
That project consisted of 30 affordable homes in a Bright Homes development near Walnut and Sycamore Avenues, he said.
Self Help Enterprises hopes to begin construction next year of the 80 single-family houses ranging from 1,200-square-feet to 1,400-square-feet near Walnut Avenue and First Street. Five to seven models with three- and four-bedroom units will be available.
City Manager Rod Butler said he was happy with the development.
“We’re pleased with the history of Self Help homes and the city,” he said. “We understand they intend to build more in the next year.”
Right now, the nonprofit is just putting plans in place, Collishaw said.
“We’re getting everything settled,” he said. “We’d like to be ready when the market is right. We’re hopeful that is 2014.”
Housing prices are expected to be five to 10 percent under market value for homes, he said.
“We always have to build under market value or the sweat equity just doesn’t make sense,” Collishaw said.
In the meantime, Self Help Enterprises will install infrastructure for the development, including gutters, curbs, sidewalks and streets, he said.
The homes will be for those with low incomes, he said. A family of four would qualify with a household annual income of less than $47,000, he said, though the company was looking for families in the $30,000 or less range for the homes.
Families would have to put in 40 hours a week toward construction of the homes until they are built, he said. The work is considered the down payment for the home, and the mortgages are backed by U.S. Department of Agriculture Rural Development loans.
The fate of the rest of the Villages of Patterson remains in doubt, however, after City Planner Joel Andrews said in January that options to purchase the property where the development was to take place had lapsed and some of the properties had been sold.
A call to Bruce Harrington, the developer responsible for the Villages of Patterson development this week had not been returned as of press time.
• Contact Nick Rappley at 892-6187, ext. 31 or firstname.lastname@example.org.