First District Update_Feb 2020

# of households assisted: 95

o

• CalWORKs Housing Support Program o

Monthly rental, utility, security & utility deposit, storage assistance provided: $124K o # of households assisted: 136 • HOME Security Deposit Assistance Program o Monthly security deposit assistance provided: $4K o # of households assisted: 3

Total monthly assistance provided: $562K Total # of households assisted: 798

Senior Home Rehabilitation Grant Program:

• The Senior Home Rehabilitation Grant Program is a grant of up to $25,000.00 to assist qualified very low-income seniors or disabled homeowners with correcting health and safety hazards in their homes to improve their quality of life and safety. A total of $ 572,499.00 has been drawn down, $308,000.00 has been obligated, leaving a balance of $119,501.00. • The County has successfully assisted 20 seniors rehabilitate their homes through this program. District 1 • 1 completed; Riverside

Affordable Housing Production FY 2019/2020 Under Construction: 1 Pre-Development: 558

Cedar Glen Phase II, Riverside (Developer - Palm Communities): • 50 unit multi-family housing development

• The Housing Authority worked in close partnership with the Department of Behavioral Health in trying to identify potential affordable housing projects eligible to apply for the No Place Like Home (NPLH) funding from the California Department of Housing and Community Development (HCD). HCD announced the first round awards of NPLH and Cedar Glen Phase II was awarded $3,311,952. In connection with the NPLH award, 24 units will be set aside for homeless clients receiving services from the Department of Behavioral Health. • Developer submitted an application for 2 nd round 2019 competitive 9% tax credits and was awarded tax credits. Developer is now working on closing construction financing and anticipates starting construction by March 2020. • The Housing Authority has awarded the Cedar Glen II project a total of 49 Project Based Vouchers. The Agreement to Enter into a Housing Assistance Payments Contract for New Construction is scheduled for Board consideration February 25, 2020. St. Michaels Community Housing, Riverside (Developer – Community Development Partners): • 50 unit multi-family housing development • The Housing Authority worked in close partnership with the Department of Behavioral Health in trying to identify potential affordable housing projects eligible to apply for the No Place Like Home (NPLH) funding from the State. HCD announced the first round awards of NPLH and St. Michael’s was awarded $4,331,808. In connection with the NPLH award 24 units will be set aside for

homeless clients receiving services from the Department of Behavioral Health. • Developer will be submitting for non-competitive 4% tax credits first quarter 2020. • The Housing Authority awarded the project 24 Project Based Vouchers. • Anticipated construction start date is Spring of 2020.