California Department of Housing and Community Development ...
California Department of Housing and Community Development ...
California Department of Housing and Community Development ...
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Financial Assistance Highlights<br />
Loans <strong>and</strong> Grants Awarded<br />
During 2009-10, HCD awarded 365 loans <strong>and</strong> grants totaling over $495 million to city<br />
<strong>and</strong> county government agencies, nonpr<strong>of</strong>it developers <strong>and</strong> service providers, for-pr<strong>of</strong>it<br />
developers <strong>and</strong> small businesses. The awards provide funding to build or rehabilitate<br />
affordable housing, transitional <strong>and</strong> emergency shelters <strong>and</strong> infrastructure, <strong>and</strong> to<br />
strengthen communities through economic development opportunities.<br />
The program name acronyms <strong>and</strong> other abbreviations <strong>and</strong> terms used in this report are<br />
explained in the Glossary on page 51.<br />
Funding Sources for HCD Awards,<br />
2009-10<br />
Award<br />
Amounts<br />
Proposition 1C State bond funds: programs funded<br />
include:<br />
• Building Equity <strong>and</strong> Growth in Neighborhoods<br />
• CalHome<br />
• <strong>California</strong> Self-Help <strong>Housing</strong> Program<br />
• Emergency <strong>Housing</strong> <strong>and</strong> Assistance Program Capital<br />
<strong>Development</strong><br />
• Infill Infrastructure Grant Program<br />
• Local <strong>Housing</strong> Trust Fund<br />
• Joe Serna, Jr. Farmworker <strong>Housing</strong> Grant Program<br />
• Multifamily <strong>Housing</strong> Program-Supportive <strong>Housing</strong><br />
• Transit Oriented <strong>Development</strong><br />
Proposition 46 State bond funds:<br />
• Governor’s Homeless Initiative<br />
• part <strong>of</strong> Office <strong>of</strong> Migrant Services Program<br />
Federal ongoing programs:<br />
• <strong>Community</strong> <strong>Development</strong> Block Grant<br />
• <strong>Community</strong> <strong>Development</strong> Block Grant-Economic <strong>Development</strong><br />
• Federal Emergency Shelter Grant<br />
• HOME Investment Partnerships Program<br />
• <strong>Housing</strong> Assistance Program<br />
Federal temporary economic stimulus programs:<br />
• <strong>Community</strong> <strong>Development</strong> Block Grant-Recovery Program<br />
• Homelessness Prevention <strong>and</strong> Rapid Re-<strong>Housing</strong> Program<br />
• Neighborhood Stabilization Program 1<br />
State General Fund:<br />
• most <strong>of</strong> Office <strong>of</strong> Migrant Services Program funding<br />
1<br />
$287,852,949<br />
$ 11,769,886<br />
$114,906,194<br />
$ 65,986,626<br />
$ 8,823,620<br />
Revolving funds:<br />
$ 6,550,000<br />
• Mobilehome Park Resident Ownership Program<br />
• Predevelopment Loan Program<br />
Total $495,889,275
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