Right Column
Proposition 46: Building Better Lives
10,000 Affordable Homes Provided
for 10,000 Families
announce Proposition 46: Housing Bond Awards
10,211 Families in 36 counties Will realize affordable Housing Opportunities With $162.9 million in Proposition 46 Awards
In Los Angeles, on July 15, 2005, at View at 270 - Business, Transportation and Housing Agency Secretary Sunne Wright McPeak and Department of Housing and Community Development Director Lucetta Dunn Announced $162.9 million in Proposition 46 Awards through three HCD programs.
More than 10,000 hardworking California residents and their families in 36 counties will have affordable housing opportunities thanks to the most recent award of $162.9 million of Proposition 46 funds," announced Sunne Wright McPeak, Secretary for the California Business, Transportation and Housing Agency. Since the passage of Proposition 46 in November 2002 the Department of Housing and Community Development within BTH has awarded funds to create or provide incentives for more than 63, 000 affordable rental or owner occupied homes and shelter spaces throughout California
"Today’s award continues the Proposition 46 promise to increase the supply of affordable housing for California’s workforce and low income residents and the Governor’s directive to expedite release of these funds," McPeak continued. Lucetta Dunn, Director of the Department of Housing and Community Development noted that with this current award 10,000 affordable homes will be provided for 10,000 families with the funds announced on July 15.
Click here for the full Press Release
"The Multifamily Housing Program has allowed us to create more units, leverage additional sources, and target deeper affordability levels in our developments. Without the Program our community would be affected because we would not be able to provide additional units, and this would cause more overcrowding in the units that are already in existence, more homelessness, and/or families would pay a larger portion of their income towards paying rent."
Nicole Norori
Project Manager
Hollywood Community Housing Corporation
Hollywood, California
"On behalf of the City of Brawley, City Council and our residents we appreciate the consideration that the State of California has given to our application. This funding will provide for some basic infrastructure that will allow us to service our residents and attract new residents and businesses to our community. Your assistance in helping the City of Brawley reach our potential is greatly appreciated."
Toni Carrillo
Mayor Pro Tempore
City of Brawley, California