New Affordable Housing Creates A Foundation Of Support In Chico
A new affordable housing community has opened its doors in Chico. The Foundation provides 59 new supportive homes for low-income working families, seniors, and individuals with special needs This new development comes at a much-needed time for Butte County, an area strongly impacted by natural disasters in recent years.
HCD partnered with Butte County for this project, contributing more than $650,000 from the Community Development Block Grant (CDBG) Disaster Recovery Multifamily Housing Program. An additional $3 million in federal funding was channeled through HCD’s HOME and CDBG programs to the City of Chico, which allocated those funds to this project.
The Foundation provides on-site services that support health, well-being, and self-sufficiency, a model that will continue to be replicated statewide as HCD implements the Homekey+ program created through voter approval of Proposition 1 in 2024. In addition, each apartment has energy-efficient appliances and lights, water-efficient fixtures, and solar. Residents can access secured bike storage and repair stations and on-site parking.
The Foundation is adjacent to the Park Avenue bus line and is close to downtown for easy access to schools, restaurants, shops, and the community center.