There are some residents of affordable housing who just “get it” faster than others. That’s what happened with Crystal and Cesar Lucca of Park View Terrace.
Built by Sun Country and developed by Community HousingWorks, Park View Terracewon the 1999 Award of Honor from the California Redevelopment Agency. The complex just passed its 10th anniversary of providing upscale affordable housing to the Poway (CA) community it services.
As epitomized by the Lucca family, Community HousingWorks successful results at the property more than speak for themselves. With their two children in tow and Crystal expecting her third, she and Cesar moved to Park View Terrace in September, 2007. Their previous home – a Rancho Bernardo-based affordable housing complex - did not provide the types of financial training programs offered by Community Housing Works-owned properties.
“When I met Crystal, her family was in debt and they didn't know anything about how to improve their financial situation.” reports property manager Jesse Stevenson. He took it upon himself to introduce her to Community HousingWorks' Family Asset Building Programs.
"Before taking Financial Fitness, I didn't even know what making a budget was, and I had no idea how to go about fixing my credit report." Crystal admits now.
Yet since learning how to improve her family’s financial fitness, Crystal has improved her credit score by over 100 points. She’s now working hard towards her future financial goals, and has made progress by:
Keeping, maintaining and sticking to a fixed monthly budget
Enrolling in an Individual Development Account to help her to buy a home
Opening a college savings account for all three of her children
Saving money for a rainy day
Crystal and Cesar are now making huge strides towards their goal of paying off all of their debts and their eventual objective: home ownership.
“Crystal has even been teaching some of our Family Asset Building classes at other CHW properties around San Diego.” reports Mr. Stevenson.
“I’ve taken a great deal of pride watching Crystal and her family improve their lives immensely over the past year. Stories like hers are one of the primary reasons that I enjoy working with the affordable housing community.”