Annual Report Annual Report - California Department of Housing ...

• 687………Lower income households provided with Housing Choice (Section 8)
rent assistance
• 1,885……Migrant farmworker rental housing units operated
HCD loans and grants also leveraged more than $4 billion in funds from other sources
that were invested in the same projects.
The top ten counties in terms of HCD funding received for 2007-08 were:
• Los Angeles...………..$256.8 million
• Alameda....…….…… $137.9 million
• Sacramento……………$83.9 million
• San Diego…….………. $50.3 million
• Fresno………….………$40.3 million
• Yolo………………..….. $32.8 million
• Santa Clara…………… $20.8 million
• Kern……….……………$19.4 million
• San Mateo….………… $16.9 million
• Monterey...….………… $16.2 million
Proposition 1C Program Highlights
As of June 30, 2008, HCD has invested nearly $870 million in Proposition 1C funds in
hundreds of public and private organizations, to create or preserve more than 7,500
affordable housing units. As of October 2008, another $48 million was awarded by the
California Housing Finance Agency (CalHFA) to provide homebuyers with down
payment assistance.
Infill Infrastructure Grant Program (IIG)
IIG grants provide gap funding for infrastructure improvements needed to facilitate new
affordable infill housing development for both rental and home-ownership projects. The
program encourages affordable, high-density development in urban areas near transit
and other amenities.
The program published its first Notice of Funding Availability (NOFA) in February 2008
and awarded $340 million in grants to 46 localities and affordable housing developers,
which included $100 million in funding augmented through Chapter 39, Statutes of 2008
(AB1252, Caballero). This NOFA was significantly oversubscribed, with 124
applications and nearly $1 billion in requests for funding.
Of the $850 million appropriated for IIG, $60 million was allocated to the California
Pollution Control Financing Authority (CPCFA) for brownfield clean up. Awards are
scheduled to be made by the end of 2008.
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