Connect with CP&DR

facebook twitter

Follow us on Facebook and Twitter

New Housing Program Details

The State of California's 2000-01 budget and various pieces of legislation created several new programs and expanded some existing housing programs under the Department of Housing and Community Development. They new programs include: o Jobs-Housing Balance Improvement Program. $110 million. Covers three areas: Economic development grants to local agencies in "housing rich" areas to attract new businesses and jobs. Incentive grants to cities and counties that adopt HCD-approved housing elements by the end of 2001. Grants are based on a jurisdiction's increase in the issuance of residential building permits during 2001 compared to the average of the previous three years, and on approval of multi-family housing, transit-oriented development and infill projects. The money can fund capital projects such as roads, parks, schools, community centers, and police and fire stations. Urban predevelopment loans to local governments and nonprofit corporations for financing initial costs of constructing, converting, preserving or rehabilitating housing developments near transit stations. o Inter-Regional Partnership (IRP) grants. $5 million. A pilot program that provides funding for certain cities, counties and councils of government in the East Bay and Central Valley to development plans, policies and incentives to improve the jobs-housing balance in a five-county region. (Santa Clara, Alameda, Contra Costa, San Joaquin and Stanislaus counties.) The money is available only for two or more agencies working together, or for a county working with the state. o CalHOME Program. $50 million. Provides grants to local public agencies and nonprofit corporations for first-time homebuyer downpayment assistance, property acquisition and rehabilitation, and self-help mortgage assistance. Loans can also serve as permanent financing for mutual housing and cooperative developments. o Downtown Rebound Program. $25 million. Provides low-cost loans to local public entities, for-profit and nonprofit corporations, and housing cooperatives. The money is available for conversion of vacant or underused commercial and industrial space into housing, with 20% to 40% of units reserved as affordable. Money is also available for residential infill projects, high-density housing near transit stations and other forms of downtown housing development. o Downtown Rebound Planning Grants program. $2.5 million. Provides grants to cities and counties for planning and technical assistance related to infill housing, mixed-use developments, and transit corridor developments. Cities and counties may use the money to update zoning ordinances and general plans. The expanded programs include: o Multi-family housing assistance program. $188 million. Provides low-cost, deferred-payment loans to local public entities, for-profit and nonprofit corporations, and housing cooperatives for construction, rehabilitation or acquisition of, or conversion to, multi-family rental housing. Costs of developing support facilities, such as child care centers, are also eligible. This is the program's second year. o Farmworker Housing Grant Program. $46.5 million. Provides grants to local governments and nonprofit organizations for any construction-related cost in the development of homeowner or rental housing for agricultural workers. The program also has a manufacturing housing component, offers assistance to people displaced by unsafe conditions, and funds developments that provide health services for residents. o Mobilehome Park Resident Ownership Program. $9 million. Provides loans to local public agencies, nonprofits and resident organizations to purchase mobilehome parks and for other efforts to preserve affordable mobilehome parks. o Emergency Housing Assistant Program. $39 million. Provides grants to local governments and nonprofits to construct rehabilitate and renovate homeless shelters. Also funds equipment purchases and voucher programs. o Child Care Facilities Finance Program. $16 million. Provides loans and loan guarantees for child care operators and local public agencies to develop, expand or improve child care facilities.