CSAC Bulletin Article

Governor Commits More Money to Project Homekey

May 12, 2022

Governor Gavin Newsom announced $150 million in new funding for Project Homekey this week.  

The $150 million investment allows local governments to plan for, purchase, refurbish or build potentially thousands of new homeless housing units through a competitive grant process. With the announcement this week, the Governor has committed $3.75 billion to Project Homekey. More than 10,000 housing units have been funded through Project Homekey thus far.

The Governor also announced $166 million in current awards for seven ready-to-go projects, four of which will go to Los Angeles and San Joaquin counties aimed at not only providing housing but additional client-centered support services:

  • The County of Los Angeles will receive $37.3 million to acquire a turnkey converted motel, providing 101 units for permanent supportive housing.

 

  • The County of Los Angeles will receive $33.8 million for the 818 Hotel project.

 

  • The County of Los Angeles will receive $19.5 million to acquire and rehabilitate a 53-unit hotel for permanent supportive housing, serving entirely chronically homeless households.

 

  • The Housing Authority of the County of San Joaquin will receive $24.9 million to acquire and convert an existing motel into 69 units of permanent supportive housing.

The announcement of $150 million more for Project Homekey precedes the Governor’s unveiling of his May Revision budget tomorrow (Friday, May 13). CSAC will produce a comprehensive Budget Action Bulletin tomorrow afternoon to update counties on the Governor’s spending plan

Navigation Term Highlight

Latest CSAC Bulletin

CSAC Bulletin Button
Navigation Term Highlight

Where We are Located

Navigation Term Highlight

County Of The Week:
Mendocino