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Key blueprint6/22/2023 ![]() “As we recently laid out in our new Statewide Housing Plan, we have set our sights on adding 2.5 million homes over roughly the next eight years – and of that, 1 million of those must serve lower income households,” said Department of Housing and Community Development (HCD) Director Gustavo Velasquez. Thanks to this administration’s commitment to the program, another 488 homes are on the way for families and individuals in need.” “Communities across the state, like those represented in this round of awards, are rapidly mobilizing Homekey resources to acquire and convert hotels, offices and empty lots into permanent affordable housing with supports to ensure the success of individuals and families exiting homelessness. “As we have seen time and time again, Homekey demonstrates that homelessness is a solvable issue,” said California Business, Consumer Services and Housing Agency Secretary Lourdes Castro Ramírez. ![]() “We are continuing to act with urgency to fund quality Homekey projects, because that’s exactly what the moment demands – swift, decisive action to assist the most vulnerable Californians.” “Homekey is providing thousands of individuals with the supportive services they need and a safe place to call home,” Governor Newsom said. The state has funded 49 projects statewide so far this year, for a total allocation of approximately $830 million. Since the announcement of Governor Newsom’s $2.75 billion in new funding to scale Homekey in September 2021, the state has so far approved projects that, when completed, will create nearly 3,000 housing units for Californians most in need of a place to call home. When fully operational, the projects will provide 488 housing units for people experiencing, or at risk of experiencing, homelessness. SACRAMENTO – Governor Gavin Newsom today announced $136.6 million in awards for 10 new Homekey projects located across the state. When completed, approved projects to offer 488 housing units for people exiting homelessnessĬalifornia Blueprint proposes an additional $2 billion, for a total $14 billion homelessness package, that will create 55,000 new housing units and treatment slots in the coming years
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