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$825 Billion Stimulus Bill
Announced |
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The American
Recovery and Reinvestment Act of 2009 draft
proposal was released yesterday by
Congressional Democrats. It includes roughly $550
billion in spending and $275 billion in tax cuts over
two years. The House is expected to vote on the bill the
week of January 26 and mark-up is expected to begin in
the House Appropriations Committee as soon as Wednesday.
HUD would receive approximately $16 billion for housing
and homeless programs. Most of it is directed to
those hurt most directly by the recession, community
development in hard hit areas, and energy saving home
improvements. It makes no provisions for low income
housing tax credits. Advocates had also hoped
for an increase in Section 8 vouchers and start-up funds
for the National Housing Trust Fund, but these are not
part of the draft package either.
San Diego has 31 shovel-ready affordable housing
developments that could be started immediately if
funding were available. Contact Senators Feinstein and
Boxer and your Congressional Representative to let them
know that this crisis started with the broken housing
market. To ensure a long-term recovery, there
needs to be a greater emphasis in the final
proposal on increasing the supply of housing
affordable to all Americans and enabling people to
remain in their homes.
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Financing & Development
Challenges |
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To help you better understand how all of this
affects your organization, attend the February 5
Affordable Housing Roundtable. The topic is"Finance and
Development Strategies for a Challenging
'09". The program features developers,
lenders, investors and others discussing the state of
the affordable housing industry and an assessment of
what's ahead 2009. The Roundtable is
sponsored by California Housing Partnership Corporation
and Hitzke Development. Space is limited so it may not
be possible to accommodate late registrations or
walk-ins after that date. The Roundtable begins with a
continental breakfast at 7:30 a.m. and
continues until 10:30 a.m. at the NTC Command
Center in Pt. Loma. For details and to register,
click here. |
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Ready for a Networking
Break? |
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Business Member SW Engineering has organized a
no-host Networking Happy Hour for affordable housing
professionals. The event will take place January 29,
2009 from 5 p.m. to 7:30 p.m. at Bondi Bar, 333 Fifth
Ave, in downtown San Diego. Please direct RSVPs to
Bree Wong at bree@sw-engr.net with number of people
attending or call 951-491-0433 with questions.
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TCAC Offers Application
Workshop |
Affordable housing developers and interested
parties are invited to attend a Low-Income Housing Tax
Credit (LIHTC) application workshop. The California Tax
Credit Allocation Committee (TCAC) will be providing
half-day application training workshops in three
locations in the State to provide instructions for
submitting competitive and eligible applications.
The Southern California sessions are in Los Angeles
on Thursday, March 5 from 1 p.m. to 4:30 p.m. and
Friday, March 6 from 9 a.m. - 12:30 p.m. Sessions will
be limited to 75 attendees. Space is limited to two
representatives per organization. There is a $90 per
person charge for attending and reservations are
required. Confirmation letters will be faxed to
participants and are required at the door. Fax or
telephone registrations will NOT be accepted. The
registration deadline is February 6. Call Cheryl Ide at
916-651-3104 with questions. The workshop brochure is here.
A southern California hearing on
the proposed changes to the tax credit regulations
will be held Monday, January 26 in Los Angeles. Propoed
changes and nformation are here. |
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Donovan Appears in Confirmation
Hearings |
Shaun Donovan, Secretary-Designate of the U.S.
Department of Housing and Urban Development, appeared
for his confirmation hearings this week before the
Senate Committeee on Banking, Housing and Urban Affairs
Committee. His complete statement is here.
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Aging in Place Program
Tomorrow |
Robert Wright, an award-winning interior designer
and principal of Bast/Wright Interiors in San Diego,
will present "Aging in Place: Residential Design
Principles for an Aging Population" to Friends of San
Diego Architecture on Saturday, January 17th at 9:30
a.m. at the NewSchool of Architecture, 1249 F Street,
Downtown San Diego. His talk will cover not only
interior design principles for the interiors of the
house but also considerations for exterior residential
design. The talk will be followed by a coffee break and
a question/answer session. Students are free. $5
donations are suggested for the general public. For
more information call 619-224-8584 or click here. |
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VA Capital Grant
Teleconferences |
A teleconference series hosted by Melanie
Lilliston, NCHV Director of Technical Assistance and
Finance, will provide an overview of funding
available under the Department of Veterans Affairs
Capital Grant Program. Details will be given on
allowable funding costs, the application process, and
general guidelines on completing the
application. The teleconferences are scheduled
Thursday, January 22nd at 2p.m. ET (To register, email
capitalgrant2@nchv.org) and Wednesday, January 28th at
2p.m. ET (To register, email capitalgrant3@nchv.org).
Both calls will cover the same content and will be
aimed at individuals and homeless veteran service
providers who want to learn more about the Grant and Per
Diem Program and/or are planning to apply for capital
grant funding for the first time. There will be a
question and answer session following each presentation.
To register for these teleconferences, send an e-mail to
the above addresses with your name, organization name,
and e-mail address. You will receive the call-in number
and access code to confirm your participation.
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Commission Offers Property for
Rehab
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The San Diego Housing Commission, in conjunction
with HOPE Community Development Corporation, is seeking
proposals from affordable housing providers to accept
title to property at 3992 Ocean View Blvd./422-424 So.
40th St. for the purpose of rehabilitation or new
construction of rental or for-sale affordable housing.
Experienced organizations who have successfully
demonstrated their ability to develop comparable
projects are invited to submit their proposals. The site
is approximately 9,900 sq ft and is located in the
Mountain View community of southeastern San Diego.
View the Invitation here or
contact Bill Luksic, SDHC, 619-578-7593, for more
information. Proposals will be accepted until 5 p.m.
Friday, February 20,
2009. |
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RFP Issued for
Homeless Outreach |
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United Way of San Diego County (UWSD) has released
a Request for
Proposals (RFP) for its Homeless Outreach &
Prevention Impact Area. UWSD will provide up to
$500,000 to successful applicants to implement up to
three of the strategies recommended by the Committees of
the 10-Year Plan to End Chronic Homelessness in the San
Diego Region (PTECH).
A mandatory bidder's conference will take place
Wednesday, January 21 from 2 p.m. to 4 p.m. at United
Way of San Diego County, 4699 Murphy Canyon Road, San
Diego, CA 92123. Please RVSP by January 20, 2009 by
e-mailing impact@uwsd.org.
Completed applications are due to the United Way of
San Diego County by 4 p.m. on February 20,
2009. Applications will not be accepted after 4
p.m.. All questions and/or requests for
clarification related to the RFP must be submitted in
writing to impact@uwsd.org by noon on February 17,
2009.
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Barrio Logan
Visioning Tomorrow |
A community visioning session on land use
alternatives for Barrio Logan will be held
Saturday, January 17 from 9 a.m. to 1:30 p.m. at 1625
Newton Avenue. For more information, click here. | |
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| February
Roundtable |
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Finance &
Development
Strategies for
A Challenging
2009
Affordable Housing
Roundtable Thursday, February 5
7:30 a.m. to 10:30 a.m.
NTC Command Center
Pt. Loma
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| Quick Links |
Happy Hour
Thursday, January 29
5-7:30 p.m.
Bondi Bar
333 Fifth Avenue
San Diego 92101
No-host networking for
Affordable Housing
Professionals
RSVP to 951-491-0433 or
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