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CCDC Proposes $79.6 million for
2008-2009 |
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The CCDC Budget & Finance Committee
will review a proposed budget for 2008-09 that includes
an allocation of $79,597,000 for affordable
housing. This consists of $52.2 of carryover from
this year and $27.4 million of new tax increment.
They anticipate using these funds for the
following:
Pipeline Priority Projects:
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Cortez Hill Family Center - Phase II
Construction of dining room and playground
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Homeless Senior Rental Assistance
Vouchers
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Hotel Metro SRO Rehabilitation
Potential supportive housing project
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Parkside Apartments New Construction
family housing
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13th & Market Acquisition Two
parcels to assemble, 25,000 sq. ft. site
Agency Owned Sites: Developer selection
process
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9th & Broadway Development 25,000
square foot site
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1625 Newton Ave. Development 98,000
square foot site
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13th & Broadway Development 20,000
square foot site
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13th & Market Development 25,000
square foot site
The Committee meeting is Wednesday,
February 27th at 11:00 am at 225 Broadway, Suite
1100 Click Here for
the Agenda |
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Still No Prop 1C Infill
Guidelines |
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State HCD has still not released the Final Grant
Guidelines for the Prop 1C Infill Infrastructure funds.
Yesterday, Housing California sent an alert that Senator
Perata wanted teh HCD to allocate 80% of the funds to
areas rather than projects. HCD had proposed a split of
58% projects/42% areas. We expect the guidelinse to hit
the streets next
week. |
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HUD & CTCAC Income Limits
Published |
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HUD published the 2008 Income Limits
on February 13 and CTCAC published their income and rent
limits earlier this week. The 2008 AMI for a
family of four in San Diego County is $72,100, a 3.9%
increase from 2007.
Federation Members can download a single
sheet with the all of the HUD and CTCAC tables for the
San Diego County from the Members Only
section of the website.
The original data is available
from:
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Supportive
Housing NOFAs Subject of March
Meeting
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The County of San Diego and the California
Department of Housing and Community Development (HCD)
will hold a joint meeting March 4
beginning at 10 a.m. at 3989 Ruffin Road, San Diego. The
purpose of the meeting will be for County HCD to
describe and respond to questions about their NOFA for
local Mental Health housing funds and for the state to
describe the homeless youth supportive housing NOFA. The
state program will take up the bulk of the day with an
interactive forum about issues associated with housing
transition age youth (18 to 24 years old). For
more information, contact Shelley Bailey at mbailey@hcd.ca.gov. |
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Register Now for
Roundtable |
Register now for the next SDHF Affordable Housing
Roundtable "Preparing Your Low Income Housing Tax Credit
Project for a Transition After Year 15". It will
be held Thursday, March 6 at the NTC Command Center
beginning at 7:30 a.m. Jahi Akobundu from the
California Housing Partnership is moderating a panel on
the practical and essential elements of transitioning a
tax credit project. The Partnership is also the
Roundtable sponsor. For more
information and registration, click here. | |
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Calendar |
Affordable Housing Roundtable
"Preparing Your Low Income Housing Tax
Credit Project for Transition
After Year 15"
Thursday, March 6
7:30 a.m.
NTC Command Center
2640 Historic Decatur Rd.
San Diego, CA 92106
Sponsored by California Housing Partnership
Corp.
Member Mixer
March 13
Chuey's Restaurant &
Cantina
5:30 - 7:30 p.m.
1901 Main Street, San Diego
(at Cesar Chavez Pkwy)
Free to Members and Prospects
Sponsored by Wermers Multifamily
Corp.
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