Reno-(KRNV) -- The Village on Sage Street is in it's final stages of construction.
With 137 people currently on a wait list, Volunteers of America Chief Executive Officer Leo McFarland says the hope is to have the facility open before Christmas for new tenants to move in.
"We're designing this housing to be targeted for folks that are working at a minimum wage income level," says McFarland.
The complex will be managed by Volunteers of America and will have 225 units.
For the most part they are single occupancy rooms, modest living with a single bed, built in desk and television.
Eight of the units are big enough to accommodate couples, but the single units are just about 100 square feet.
The structures are from the fields of Wyoming that were previously a temporary home to oil workers there.
"We have a community room, where there will be an exercise room, there's going to be a lounge, laundry room facilities, we have our dining room as part of the complex, but the individual unit is pretty tiny."
Tiny is just fine for people like Rene Almanza who is on the wait list to move in.
After having his belongs recently stolen at the homeless shelter he is looking forward to some new piece of mind.
"You can put your things down... lock your door and know it's secure when you go to work and come back," says Almanza.
Almanza is watching every penny.
He rides his moped to work on Vista Boulevard making 14 dollars an hour, but still, can't afford a place to live.
The homeless shelter on Record Street has been his only option in recent months.
"For me it's been a blessing, to know it's going to be built because we need places for those of us that are trying to get back in the swing of life and our community."
Almanza will be able to afford the 400 dollars a month in rent at the Village on Sage Street.
He wants a place where his two sons can visit him and to be around others who are trying to improve their lives..
"Tiny is okay as long as you are progressing. You are by yourself, you're progressing and you get that next step up."
Leo McFarland says future tenants will be an eclectic group. Applicants so far have ranged in age from the late teens to late 70's, the majority employed.
Some are on disability, others on social security and a handful of veterans.
Applicants can't make more than 36 thousand dollars a year, and there will be no leases or minimum or maximum stays.
Just a modest, secure spot where residents can call home until they can afford something more.
"This should at least temporily whether it's for a year, offer a little bit of respite, an opportunity to save some money along the way."
The 8.4 million dollar complex is coming to fruition not because the federal or state government is stepping in, but the reno community is stepping up.
It's not a government program.
Here is a break down of how it has been funded:
1.9 million dollars is coming from the Community Foundation of Northern Nevada.
2.2 million is a loan taken out by CFNN.
1 million in supplies and labor donated by the contractors and engineers on the project.
1.8 million raised through private cash donations and the City of Reno donated the land.
Here's a link for more information and how to apply to rent a unit at the Village on Sage Street.