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Program 22: Preservation of At-Risk Housing
For the period 2014 to 2024, a total of 582 housing units for low income households are at risk of converting to market-rate housing. The County will work to preserve the at risk units.
Objectives | Annually update the status of at-risk housing projects during the planning period. Discuss preservation options with at-risk project owners. As funding permits, explore acquisition of at risk projects or extension of affordability covenants. Initiate contact with non-profit housing organizations by the end of 2014 to solicit interest in preserving at-risk housing projects. Pursue funding from state and federal programs to assist in preserving at-risk housing. Allocate Section 8 Housing Choice Vouchers for households displaced due to the expiration of Section 8 project-based rental assistance. Work with non-profits and landlords to provide notification of expiring units to tenants; engage tenants in the effort to preserve at-risk units, in addition to identifying affordable housing options. |
Policies | Policy 6.2: Allocate state and federal resources toward the preservation of housing, particularly for low income households, near employment and transit. Policy 7.1: Conserve existing affordable housing stock that is at risk of converting to market-rate housing. Policy 7.2: Preserve and, where feasible, provide additional affordable housing opportunities within the coastal zone. |
Timeframe | 201, Ongoing |
Responsible Agency | Community Development Commission |
Funding Source | HOME, HUD Section 8 |