First District Update_Jan 2020

First Time Home Buyer Program:

 The First Time Home Buyer (FTHB) Program provides assistance to lower income persons in the purchase of their first home. Assistance may be provided for the down payment in the purchase of a home. The amount of assistance available depends upon the buyer’s qualifications and the price of the home. In general, a buyer may only receive what they need, up to 20% of the purchase price of the home.  As of December 16, 2019, a total of 4 FTHB applications have been received since the beginning of the fiscal year, allocating a total funds of $190,700.00. All 4 applications have closed or are scheduled to close this month. ESG Housing First Program o Monthly rental, utility, security & utility deposit, and emergency assistance provided: $3K o # of households assisted: 2  HOPWA Tenant Based Rental Assistance Program o Monthly rental assistance provided: $55K o # of households assisted:107  Security Deposit Assistance Program o Monthly security deposit assistance provided: $7K o # of households assisted: 6  CDBG Homeless Prevention Program o Monthly security deposit assistance provided: $2K o # of households assisted: 1  HUD VASH Tenant Based Vouchers o Monthly rental assistance provided: $231K o # of Households assisted: 355  HUD VASH Project Based Vouchers o Monthly rental assistance provided: $61K o # of Households assisted: 89  Shelter Plus Care o Monthly rental assistance provided: $72K o # of households assisted: 95  CalWORKs Housing Support Program o Monthly rental, utility, security & utility deposit, storage assistance provided: $143K o # of households assisted: 142 

Housing Authority Homeless Programs:

Total monthly assistance provided: $574K Total # of households assisted: 797

Affordable Housing Production FY 2019/2020 Under Construction: 1 Pre-Development: 561

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.  The Housing Authority has awarded the Cedar Glen II project a total of 49 Project Based Vouchers.