Sacramento
News
The State Budget was passed by the Legislature
this week and the Governor was expected to sign it today. The only
concern of housing advocates was that he would roll back the $4.0 million
appropriation for emergency shelter operating grants to the $3.1 million level
that his original budget requested. Housing California presented a
letter to him with 460 co-signers urging that he approve the budget
amount.
The budget also contains $500,000 for the state’s
Self-Help Housing Program, $3.4 million for state-owned migrant farmworker
housing centers, and $486,000 to update the state housing plan and improve
HCD’s data collection systems.
In
addition, the budget redirects $15 million of Proposition 46 bond funds,
previously designated for student housing projects, to the Transit-Oriented
Housing Component of the Downtown Rebound Program. This dormant HCD
program finances development of high-density housing near mass transit
stations where at least 20 to 40 percent of the units are affordable.
The student housing program had gone unused.
The Anderson “Save Our Homes” Initiative,
extremely dangerous to inclusionary ordinances and affordable housing
development, qualified Tuesday for the November ballot.
CCDC Selects Developer for
393 Unit Development
On Wednesday, the Centre City Development
Corporation approved the selection of Centurion Partners, LLC with Housing
Development Partners of San Diego for the development of the Ninth and
Broadway Affordable Housing Project. The 25,000 square foot site at the
southwest corner of Ninth Avenue and Broadway was the subject of a CCDC
Request for Qualifications and Proposals. The proposed 12-story development
would include 393 units (100 percent affordable) including 267 studios, 96
one-bedroom and 30 two-bedroom units. Affordability would be targeted to
households earning 50-60 percent of area median income (rents
$540-840/month). The developer would seek 4 percent tax credit and bond
financing to leverage the Agency subsidy ($18,476,000).
Prop 1C Campaign
Update
Earlier this week, Jesse Knight, CEO of the
Greater San Diego Regional Chamber of Commerce, agreed to serve as co-chair of
the our local Yes on Prop 1C campaign and help gain
endorsements and financial support. Mr. Knight is highly respected in
the business community for his efforts to build the Chamber into one of the
strongest in the country. He will be moving to SEMPRA Energy this
summer, but his personal commitment to this cause will carry
forward.
The statewide campaign is now known as "Yes on
Prop 1C." Contributions are needed today to do the polling that will be
used to develop campaign messages that resonate the most with voters.
Please make check payable to ‘Yes on Prop 1C’
(ID#: 1287359)
Jeff Loustau, HOMES4CA Treasurer
c/o California Housing
Consortium
369 Pine Street, Suite 310
San Francisco, CA 94104
Also, please log on to the Homes for California
website http://homes4ca.org
and sign on as an endorser of the initiative. The more the
merrier.
Enterprise And IPED Present
First-ever Green Affordable Housing Conference
Green Homes and Sustainable
Communities:
The Future of Affordable Housing and Community
Development
July 13 & 14, 2006
The Sir Francis Drake Hotel
San
Francisco, CA
Be a part of the first comprehensive national
affordable housing and community development conference on the industry's
critical role in promoting and implementing sustainable development. Learn how
public policies at the state and local level are increasingly encouraging-and
in some instances requiring-"green building" practices. Be aware of early
signs of a market transformation, as public officials and policies recognize
how green building practices can deliver significant health, environmental and
financial benefits to lower income families and communities-as well as to
developers, property managers and capital providers-on a cost effective basis.
For more information click here: http://tinyurl.com/ob68t
Federation Office Closed on
Monday and Tuesday
The Federation office will be closed on Monday
and Tuesday to reward the staff for the hard work that has resulted in the
most productive six months we have had in the last several years.
Celebrating 15
Years of Support and Advocacy for Affordable Housing
ã 2006 San Diego
Housing Federation, 450 B Street, Suite 1010, San Diego, CA 92101 (619)
239-6693
Website: http://www.housingsandiego.org Email:
sdhfstaf@housingsandiego.org
