Second 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 Pre-Development: 188

Camino Real Housing Project, Jurupa Valley (Developer – Wakeland Housing and Development Corporation / Riverside Community Housing Corporation):  An ENA was approved by the Board 12/4/2018. The developer is proposing affordable housing on approximately 15.5 acres of land owned by the former RDA of the County of Riverside. The property located along Camino Real Avenue, between Lakeside Drive and Limonite Avenue, in the City of Jurupa Valley. Assessor’s Parcel Numbers 185-470-002, 185-470-001, 185-460-001  The Developer is preparing a pre-application to submit to the City for approval to develop this site by right under SB35. This will allow for an expedited entitlement process and allow the developer to apply for funding expected from the state 2 nd quarter 2020.