Cities Index.
Affordable Housing Preservation Funding Recipients

East Palo Alto City Council
March 21, 2023

Document
Affordable Housing Preservation Funding Recipients
Meeting
March 21, 2023
Body
East Palo Alto City Council
Original file
88 KB
Text extracted from the city's file for reading and search. Open the original on eastpaloalto.iqm2.com. That file is the official record.

Attachment 3: Affordable Housing Preservation Funding Recipients Funding Source Recipient
Golden State Acquisition Fund
Nonprofit or for-profit corporations,cities, counties, and other public agencies within California, and joint venturescomprised of such entities, with a track record of developing affordable housing.

Foreclosure Intervention Housing Preservation Program Nonprofit developers, CLTs Project Homekey Local governments receive awards; subgrant to borrowers HOME Investment Partnerships Program
The program provides grants to cities and counties and lowinterest loans to developers, including Native American Entities and state-certified CHDOs operating in State-eligible
jurisdictions.

Community Development Block Grant (CDBG)
The program provides grants to cities and counties and lowinterest loans to developers, including Native American Entities and state-certified CHDOs operating in State-eligible
jurisdictions.

Affordable Housing Fund Nonprofit developers, including CDCs and CLTs Community Housing Fund Nonprofit developers, including CDCs and CLTs Supportive and Transitional Housing
Nonprofit developers, including CDCs and CLTs, Mission driven developers
Affordability Preservation and Production
Nonprofit developers, including CDCs and CLTs, Mission driven developers
Workforce Housing
Nonprofit developers, including CDCs and CLTs, Mission driven developers
Enterprise-Level Line of Credit
Nonprofit developers, including CDCs and CLTs, Mission driven developers
Bay Area Transit-Oriented Affordable Housing (TOAH) Fund:

Predevelopment Loan
Nonprofit or for-profit corporations, municipal agencies and their joint venture entities or affiliated limited partnerships or limited liability companies.

Bay Area Transit-Oriented Affordable Housing (TOAH) Fund:

Acquisition Loan
Nonprofit or for-profit corporations, municipal agencies and their joint venture entities or affiliated limited partnerships or limited liability companies.

Community Development Financial Institutions (CDFI's)
Generally speaking: Nonprofit and mission-driven for-profits. Not local governments.

← All documents from this meeting