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Program 11: Countywide Affordable Rental Housing Development
This program provides financial and technical assistance to acquire sites, develop affordable rental housing, and acquire and rehabilitate affordable rental housing within specific geographic areas. The funds are made available as low-interest long term loans.
Funds for the program are administered through a Notice of Funding Availability (NOFA) issued by the Community Development Commission and/or the Housing Authority of the County of Los Angeles. A NOFA issuance depends on funding availability. Funding allocations are recommended based on a competitive process between applicants. As an incentive, applications for funds in the unincorporated areas are awarded additional points and are eligible for larger allocations, regardless of the funding source.
All units developed utilizing these resources are made available to households earning less than 50% of the Area Median Income.
Objectives | Assist in the development of 350 extremely low and very low income rental housing units in the unincorporated areas through gap financing, a revolving loan fund, and technical assistance during the planning period. |
Policies | Policy 1.3: Coordinate with the private sector in the development of housing for low and moderate income households and those with special needs. Where appropriate, promote such development through incentives. Policy 1.4: Assist housing developers to identify and consolidate suitable sites for developing housing for low and moderate income households and those with special needs. Policy 2.1: Support the development of housing for low and moderate income households and those with special needs near employment and transit. Policy 2.2: Encourage mixed use developments along major commercial and transportation corridors. Policy 3.1: Promote mixed income neighborhoods and a diversity of housing types throughout the unincorporated areas to increase housing choices for all economic segments of the population. Policy 8.1: Support the distribution of affordable housing, shelters, and transitional housing in geographically diverse locations throughout the unincorporated areas, where appropriate support services and facilities are available in close proximity. Policy 8.4: Encourage housing design to accommodate special needs. Designs may include: units with multiple bedrooms; shared facilities; universal design; onsite child care; health clinics; or onsite job training facilities. |
Timeframe | Ongoing |
Responsible Agency | Community Development Commission |
Funding Source | HOME, CDBG, Tax Exempt Multi-Family Revenue Bond, County General Funds and other sources of Affordable Housing Funds. |