I went on to the IRC channel and Magus- helped me solve the problem.
Centos has permissions on the user folder I had the SVN trunk in that
was set to 700. /home/username/django-trunk is where I symlinked
django from.
To solve this problem all I had to do was set the permissions to 711
and it worked.
After that was fixed I also had to set the Python Egg Cache folder to
solve another problem in CentOS
# mkdir -p /var/cache/www/pythoneggs
# chown apache /var/cache/www/pythoneggs
Add this to the <Location> Directive
SetEnv PYTHON_EGG_CACHE "/var/cache/www/djangotemplates"
Thanks for your responses!