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Infill /TOD Funds May Be
Advanced |
At the request of the
Department of Housing and Community Development (HCD),
the Senate subcommittee appropriated an additional $100
million for the Infill Incentive Grant Program and $45
million more for the Transit Oriented Development
(T.O.D.) Program. HCD proposes to use this money to fund
applications from the first Notice of Funding
Availability (NOFA). The Assembly did not take up the
issue, guaranteeing it will be an item for the State
Budget Conference Committee to discuss. Senator Denise
Ducheny is expected to chair that committee.
SDHF is encouraging Senator Ducheny to review
the results of the first NOFA funding to ensure that
affordable projects are actually funded by these Prop
1C programs given the last minute changes to the
guidelines for both programs. Although we'd like to see
more projects funded quickly, they should add to the SD
County affordable housing stock, not just increase
market-rate production in other parts of the state.
There are plenty of first-round
applications should the funds be advanced. HCD received
$543 million in applications for $95 million available
in the first round of TOD funding. For infill
projects, HCD received applications for six times the
amount of available funding ($350 million for $50
million in funding) and three times the amount available
for infill areas ($650 milion in applications for $190
million in funding).
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Economic Stimulus Payments Not
Income |
HUD
issued a notice
to its
public and assisted housing administrators on May 16
stating that all Internal Revenue Service economic
stimulus payments are to be considered nonrecurring
income. Program administrators are not to include the
amount of the economic stimulus payment when determining
a family's annual income for program eligibility or for
the level of HUD rental assistance benefits. The
notice is PIH-2008-23.
Similar
provisions to exclude this income also apply to
residents of HUD project-based housing, but a comparable
notice has not yet been
issued.
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Permanent Source Session
Monday |
HCD's "Stakeholder Meeting" will be held
Monday, June 2 from 9 a.m. to 11:30 a.m. in the
SANDAG Board Room, 401 B Street, 7th flr, for the
purpose of identifying potential and preferred permanent
funding sources for affordable housing.
The SDHF Board of Directors is recommending
that funds from a new permanent source be sent
to local jurisdictions in block grants tied to the areas
of greatest need as expressed in local housing elements.
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Registration Open for Awards
Event |
Registration is now open
for the annual San Diego Housing Federation Housing and
Community Development Recognition Awards event. It
will be held Thursday, June 12 in the Crystal Ballroom
of the Handlery Hotel in Mission Valley. Be sure
to arrive in time for the networking reception and hors
d'oeuvres that begin at 5 p.m. The judges have met
and chosen the award winners. A complete list of
finalists is posted on the Federation's website.
You'll have to come to the event to see who wins!
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ULI Features Sustainable
Development |
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Making Sustainable Mixed Use Work: A
Case Study of the Pacific Station Development in
Encinitas is the topic of Thursday's ULI repeat
luncheon. The program is scheduled from 11:30 a.m.- 1
p.m. at the Luce & Forward offices at 11988 El
Camino Real, Suite 200, San Diego 92130.
It will examine the entitlement,
development, governance and operation issues that arise
with sustainable, mixed use projects. The speakers will
use the Pacific Station development as a case study to
explore the topic. Pacific Station is an in-fill, mixed
use project proposed for downtown Encinitas that
includes a Whole Foods Market, restaurants, office uses
and residential condominiums. To register, click here.
The fee is $20.
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Follow the Election Returns with
Us |
A group of SDHF members is
planning to meet downtown at the Red Zone Sports Bar and
Grill, 1100 5th Avenue (at C) to watch the election
returns before heading over to Election Central.
There's no fee and no host so join the networking and
nail biting.
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Vote Tuesday:
No on 98, Yes on 99 |
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Calendar |
"Framing Lives and
Building Hope"
A Celebration of People
and Communities
Thursday, June 12
5-7:30 p.m.
Handlery Hotel
950 Hotel Circle North
Mission Valley
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