July 18, 2006 at 13:00 PM EDT
The Department of Housing and Community Development Awards $42.9 Million in Proposition 46 Funding to Create Housing Opportunities for the Los Angeles Region

California Department of Housing and Community Development (HCD) Director Lynn L. Jacobs today was joined by Business, Transportation and Housing Agency Secretary Sunne Wright McPeak in announcing over $42.9 million in Proposition 46 funds. The awards provide housing opportunities for more than 2,577 of California's hardworking families and neediest residents. Proposition 46 is the $2.1 billion housing bond approved by voters in November 2002.

"When I became Governor, I ordered that Proposition 46 funding be expedited so homes and shelters could be built more quickly," said Gov. Schwarzenegger. "I am also proud to announce the first award of funds from my Initiative to End Chronic Homelessness. The award is given to a project in the city of Santa Cruz dedicated to helping chronically homeless individuals receive the shelter and services they need to regain a healthy and productive life." The Initiative to End Chronic Homelessness offers $40 million to assist homeless individuals and families transition to permanent, stable housing and lives.

"Gov. Schwarzenegger is committed to making affordable housing a reality for hardworking Californians and our neediest residents," said Secretary McPeak. "Today's awards will help 2,577 families or individuals achieve that dream while supporting local economies through construction related activities.

Awards were made through the following HCD programs:

-- $19.5 million in awards through the Multifamily Housing Program will provide permanent low-interest loans for the construction of new affordable apartment homes and rehabilitation of existing affordable units. Californians who make up the vital workforce that is the backbone of our economy, including seniors, the disabled, homeless and those transitioning from homelessness, are among the future residents of the homes that will be constructed or rehabilitated. The awards will help 272 California families or individuals realize the dream of an affordable rental home.

-- $9.5 million through the Emergency Housing Assistance Program -- Capital Development Component which awards funds capital development activities for emergency shelters, transitional housing and safe havens that provide shelter and supportive services for homeless individuals and families with 481 shelter spaces.

-- $7.8 million through the CalHome Building Equity and Growth in Neighborhoods Program (BEGIN), which makes grants to cities and counties that have reduced regulatory barriers to the construction of new, affordable ownership housing. Barriers can include such constraints as minimum lot or floor area sizes that make housing more expensive. The grants are for down payment assistance loans to low- and moderate-income first-time buyers of 261 homes in BEGIN projects.

-- $6.1 million is awarded through the Workforce Housing Reward Program which provides financial incentives to cities and counties for issuance of building permits for 1,563 new homes affordable to lower income households.

"The awards announced today will help local communities remove regulatory barriers and increase homeownership," said Director Jacobs. "They will also provide California's essential workforce and their families the safe and affordable housing they urgently need to live and work in their communities."

HCD provides leadership, policies and programs to preserve and expand safe and affordable housing opportunities and promote strong communities for all Californians. The Department also supports increasing the supply of housing, especially affordable housing and works to improve the state's housing conditions and the health and safety of its residents. As the lead housing department, HCD is part of the state Business, Transportation and Housing Agency.

For further information, please contact: jhuston@hcd.ca.gov


                   Multifamily Housing Program (MHP)
                      Total Funds Awarded in the
                          Los Angeles Region

  Project     Project     Project                  Total Amount  Total
  County       City         Name    Sponsor - Name   of Awards   Homes
----------- ----------- ----------- -------------- ------------ ------
                                     Housing
                                     Corporation
                         Stevenson   of America,
Los Angeles Los Angeles    Manor     Inc. and In
                                     Site
                                     Development,
                                     LLC           $3,370,000    61
----------- ----------- ----------- -------------- ------------ ------
Los Angeles Los Angeles    Villa     AMCAL Multi
                           Serena    Housing, Inc. $6,020,280    85
----------- ----------- ----------- -------------- ------------ ------
                          Morgan     Los Angeles
Los Angles  Los Angeles    Place     Community
                          Senior     Design Center
                         Apartments                $3,785,292    55
----------- ----------- ----------- -------------- ------------ ------
                          Granite    Jamboree
  Orange      Irvine       Court     Housing
                                     Corporation   $6,308,877    71
----------- ----------- ----------- -------------- ------------ ------
                                    Total          $19,484,449    272
                                    ============== ============ ======


       CalHome Building Equity & Growth in Neighborhoods (BEGIN)
             Total Funds Awarded in the Los Angeles Region

                                                       Total
 Project     Project                                 Amount of   Total
  County      City      Project Name Sponsor - Name    Awards    Homes
=========== =========== ============ ============== =========== ======
Los Angeles Los Angeles  Avenue       City of Los
                         Townhomes    Angeles         $600,000     20
=========== =========== ============ ============== =========== ======
Los Angeles Los Angeles  High place   City of Santa
                         West         Monica        $1,350,000     45
=========== =========== ============ ============== =========== ======
Los Angeles Los Angeles  North Hills  City of Los
                         Villas       Angeles         $480,000     16
=========== =========== ============ ============== =========== ======
                         Scattered    City of Los
Los Angeles Los Angeles  Site         Angeles/TOP
                         Project, II                $3,030,000    101
=========== =========== ============ ============== =========== ======
Orange      Anaheim      The Kwikset  City of
                         Project      Anaheim       $1,350,000     45
=========== =========== ============ ============== =========== ======
                         The Olive    City of
Orange      Anaheim      Street       Anaheim
                         Project                    $1,020,000     34
----------- ----------- ------------ -------------- ----------- ------
                                     Total          $7,830,000    261
                                     ============== =========== ======


                   Workforce Housing Reward Program
             Total Funds Awarded in the Los Angeles Region

                                                              Total 
                                                            Affordable
Project County   Project Jurisdiction  Total Award Amount     Units
--------------   --------------------  ------------------- -----------
Los Angeles      Bell Gardens                    $115,500          71
--------------   --------------------  ------------------- -----------
Los Angeles      Claremont                        $39,137           6
--------------   --------------------  ------------------- -----------
Los Angeles      Glendale                        $312,353          64
--------------   --------------------  ------------------- -----------
Los Angeles      Lancaster                       $330,566          72
--------------   --------------------  ------------------- -----------
Los Angeles      Long Beach                      $376,498          80
--------------   --------------------  ------------------- -----------
Los Angeles      Los Angeles                   $3,575,594         897
--------------   --------------------  ------------------- -----------
Los Angeles      Palmdale                          $8,569           2
--------------   --------------------  ------------------- -----------
Los Angeles      Pasadena                        $197,893          64
--------------   --------------------  ------------------- -----------
Los Angeles      Pomona                          $151,304          32
--------------   --------------------  ------------------- -----------
Los Angeles      Redondo Beach                     $8,837           8
--------------   --------------------  ------------------- -----------
Los Angeles      Signal Hill                     $226,155          59
--------------   --------------------  ------------------- -----------
Orange           Anaheim                           $9,000           3
--------------   --------------------  ------------------- -----------
Orange           Cypress                          $53,988           7
--------------   --------------------  ------------------- -----------
Orange           Irvine                          $290,524          96
--------------   --------------------  ------------------- -----------
Orange           Tustin                          $124,000          35
--------------   --------------------  ------------------- -----------
Ventura          Oxnard                          $291,730          67
--------------   --------------------  ------------------- -----------
                 Total                         $6,111,648       1,563
                 ====================  =================== ===========


      Emergency Housing Assistance Program -- Capital Development
             Total Funds Awarded in the Los Angeles Region


 Project                                           Total Award Shelter
 County     Project City       Sponsor - Name         Amount    Spaces
----------- ------------- ------------------------ ----------- -------
Los Angeles Los Angeles     Mary Lind Foundation   $1,000,000     135
----------- ------------- ------------------------ ----------- -------
                              Substance Abuse
Los Angeles Long Beach       Foundation of Long
                                 Beach, Inc.         $672,965      18
----------- ------------- ------------------------ ----------- -------
                            Southern California
Los Angeles Highland Park     Alcohol and Drug
                               Programs, Inc.        $686,620      30
----------- ------------- ------------------------ ----------- -------
Los Angeles Los Angeles   Volunteers of America of
                                 Los Angeles         $909,252      52
----------- ------------- ------------------------ ----------- -------
Los Angeles Compton       United States Veterans
                                 Initiative        $1,000,000      80
----------- ------------- ------------------------ ----------- -------
Los Angeles San Pedro        Harbor Interfaith
                                  Services           $467,712      61
----------- ------------- ------------------------ ----------- -------
Los Angeles Santa Monica   CLARE Foundation, Inc.    $436,820      29
----------- ------------- ------------------------ ----------- -------
Los Angeles Santa Monica   CLARE Foundation, Inc.    $547,000      12
----------- ------------- ------------------------ ----------- -------
Los Angeles Pasadena        URDC Human Services
                                 Corporation         $983,600      16
----------- ------------- ------------------------ ----------- -------
Orange      Irvine        Helping Our Mentally Ill
                           Experience Success, Inc   $954,275       5
----------- ------------- ------------------------ ----------- -------
Orange      Placentia     Colette's Children Home  $1,000,000      24
----------- ------------- ------------------------ ----------- -------
Ventura     Ventura          The Salvation Army      $879,924      19
----------- ------------- ------------------------ ----------- -------
                          Total                    $9,538,168     481
                          ======================== =========== =======


                                  Total   Total                Total
                                   All   Shelter  Incentive  Dormitory
                                  Homes   Space     Units     Spaces
-------------------- ------------ ====== ======== ========= ==========
Grand Total Awarded
 to the Los Angeles
 Region              $42,964,265    533      481     1,563          0
==================== ============ ====== ======== ========= ==========

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