SACRAMENTO, Calif. (KRON) — On Thursday, the California Department of Housing and Community Development (HCD) announced it awarded nearly $158 million to communities throughout the state in an effort to support new housing.
The money awarded will come from the departments Infill Infrastructure Grant (IIG) program, which aims to help local governments and organizations to fund infrastructure improvements that support the development of affordable and mixed-income housing.
The state refers to “infill development” to building within unused and underutilized lands within existing development patterns — typically, but not exclusively in urban areas.
“The Newsom Administration has provided unprecedented resources to facilitate the creation of affordable housing in California,” said Business, Consumer Services and Housing Agency Secretary Lourdes Castro Ramírez.
“The Infill Infrastructure Grant program supports our commitment to increase the sustainability and affordability of communities across California. We’re pleased to provide this funding to local communities for critical infrastructure improvements that will facilitate the building of housing and serve families throughout California for generations to come.”
A list of Northern California awardees:
|City of Santa Rosa||Santa Rosa QIA||Santa Rosa||Sonoma||$9,540,147|
|350 China Basin Partners, LLC||400 China Basin Condominiums||San Francisco||San Francisco||$4,243,993|
|City and County of San Francisco||Balboa Reservoir QIA||San Francisco||San Francisco||$26,00,000|
|City of Santa Cruz||Santa Cruz Pacific Station||Santa Cruz||Santa Cruz||$20,940,820|
|The Related Companies of California, LLC||Sugar Pine Village 1A||South Lake Tahoe||El Dorado||$3,195,900|
The IIG program is funded by the Veterans and Affordable Housing Bond Act of 2018 through Proposition 1, with its primary goal: to promote infill housing development by providing financial assistance for Capital Improvement Projects.
The HCD says the grants are an integral part to facilitate the development of infill housing and although the program does not fund the development of the housing itself — the infrastructure it provides is necessary for housing development.
“When facing our state’s housing crisis, it’s imperative that we utilize all the tools and resources at our disposal,” said HCD Director Gustavo Velasquez.
“The grant funding announced today will ultimately provide 4,000 individuals and families with safe, affordable homes, which will remain affordable for 55 years or longer, serving multiple households over time, and allowing families to break the cycle of poverty.”