and AB 2162
Administered by the California Department of Housing and Community Development (HCD), approximately $1.4 billion in grant funding will be made available this fiscal year to local public entities, including cities, counties or other local public entities, such as housing authorities or Tribal Entities within California.
Homekey is an opportunity for state, regional and local public entities to develop a broad range of housing types, including but not limited to hotels, motels, hostels, single- family homes and multifamily apartments, adult residential facilities and manufactured housing, and to convert commercial properties and other existing buildings to permanent or interim housing for the target populations.
This is an important project for the region. Santa Cruz County on the whole has one of the highest rates of homelessness in the State at almost 80 people per 10,000 residents. The County’s point in time counts have averaged in excess of 2,600 homeless individuals over the last decade (2009-2019). This project will move quickly by taking advantage of the unique Homekey funding opportunity to provide much-needed new housing for homeless individuals.
It is the County and developer’s desire to serve our most vulnerable neighbors. We feel this proposal, aptly developed through Homekey, will do that with a high-quality, permanent supportive housing project in the beautiful area we all are lucky enough to call home.