Latest Homekey Awards Granted to 10 Counties
October 1, 2020
Governor Newsom announced a third round of Project Homekey awards earlier this week. The Governor also announced he has asked the Joint Legislative Budget Committee (JLBC) to approve his request for an additional $200 million in Coronavirus Relief Funding for additional Homekey projects. If approved, the Department of Housing and Community Development (HCD) will provide funding for approximately 20 more Homekey projects now on a waitlist pending additional funds. The supplemental funding would bring total awards to local governments to $800 million for acquisition, rehabilitation, and operating support for Project Homekey.
The latest round of Project Homekey awards includes more than $137 million for 19 projects in 15 California communities, totaling 938 units. These awards bring the total awarded under Homekey to $449.9 million for 33 successful applicants and 49 awards totaling 3,351 units. The statewide average cost to Homekey thus far is approximately $134,000 per unit.
The third round of awards includes projects in these 10 county-led efforts:
- Alameda County has been awarded nearly $14.5 million to purchase an existing hotel and operate it as permanent supportive housing.
- Del Norte County has been awarded $2.8 million for a project at an existing 30-unit motel.
- Humboldt County has been awarded $4.3 million to convert a motel into 48 permanent supportive housing units.
- Lake County has been awarded $3.38 million to serve up to 20 homeless individuals as they prepare for permanent housing placement.
- Los Angeles County has been awarded $7.4 million to acquire a facility that will house approximately 56 individuals experiencing homelessness.
- Mariposa County has been awarded $4.14 million to purchase a 27-room hotel.
- Santa Barbara County has been awarded $3.12 million to acquire an office building to convert into permanent housing with wraparound services.
- Sutter County has been awarded nearly $6.8 million to acquire a hotel that will provide 62 units.
- Tehama County has been awarded $2.34 million to acquire a property that will prevent the loss of 10 existing units and increase the number of available interim housing in the county with an additional six manufactured units.
- Tulare County has been awarded $5.2 million to acquire a 45-room motel in Visalia.
Additionally, the Sacramento Housing and Redevelopment Agency, under the authority of the city of Sacramento and county of Sacramento, has been awarded $12.5 million to convert a 102 unit hotel into interim housing until it is converted to permanent supportive housing.
The full Governor’s Office press release can be viewed here.
Additional Project Homekey resources can be viewed here.