Quarterly Housing Projects Update
October 11, 2022
Presented By:
Hilda Peralta, CDD Analyst
Community Development Department
Sun Rose Apartments
439 Soledad St. 93901
Funding Source Funding Awarded Affordable Units Estimated Completion CDBG & HSA $1,000,000 11- Unit Facility December 2022
Parkside Manor Phase I
1112 Parkside St. 93906
Funding Source Funding Awarded Affordable Units Estimated Completion HOME & PLHA $2,108,987 80 Units November 2022
Permanent Supportive Housing
Step Up in Salinas Step Up in Sanborn Step Up in Fairview 101 Units
$9 million
58 Units
$16.3 million
43 Units
$13.2 million
Future Inclusionary Housing Projects
11 Hill Circle
• 37 for sale single-
family homes
• 3-6 potential
inclusionary units
Future Inclusionary Housing Projects
487 E. Market
St.
• 84 rental units
• 13 very low-
income units
ADU Pre-Approved Plans
1- or 2-Bedroom Designs
Community Housing Development Organization (CHDO)
Yearly Certifications
HOME Investment Partnership Program (HOME) Requirements:
• Organization structure
• Financial capacity and experience
• 501 (C) Organization
Benefits:
• 15% CHDO Set-Aside Funds:
• Rental property acquisition and/or rehabilitation
• New construction of rental housing
• Acquisition and/or rehabilitation of homebuyer property • New construction of homebuyer property
Next Update
December 2022
Will Include Capital Improvement Projects (CIP’s)
Questions & Comments