Opportunities for Affordable Housing and Reliable Transit in Santa Clara County and the Bay Area

Source: 
Urban Habitat

SC_powerpointWhile Housing Shortage Worsens, Funding is Cut

The Community Development Block Grant (CDBG) program, funds local community development projects 16% cut. HOME Investment Partnerships Program, which helps pay for affordable housing projects, was cut by 35%. HOPE VI and the Choice Neighborhoods Initiative, which aim to revitalize distressed public housing by transforming it into mixed-income developments, were slashed by 50%. Redevelopment Funding, the largest source of funding for affordable housing in California, 1.7 billion dollars, completely eliminated.

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SantaClaraPresentation.pdf1.84 MB

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