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
