California

Governor Gavin Newsom announced that California has become the first state in the nation to secure FEMA approval to provide safe isolation capacity for tens of thousands of people experiencing homelessness in California in order to protect them and the state from COVID-19.

Last week California Governor Newsom made three key housing leadership appointments. Gustavo Velasquez was named director of the California Department of Housing and Community Development (HCD). Zack Olmstead was appointed chief deputy director at HCD. HCD’s Doug McCauley was appointed commissioner of the California Department of Real Estate by Governor Newsom.

The California Department of Housing and Community Development (HCD) awarded a total of $85.5 million to developers and counties throughout California in the first round of funding for the Housing for a Healthy California program. Funding for the program comes from both the Federal National Housing Trust Fund and California’s Building Homes and Jobs Trust Fund.

The California Tax Credit Allocation Committee (TCAC) posted a revised agenda for its April 14 meeting. TCAC will consider 2020 applications and appeals for Federal four percent and State LIHTC for tax-exempt bond financed projects; Federal four percent LIHTC for tax-exempt bond financed projects and Federal four percent and State LIHTC for tax-exempt bond financed […]

The California Department of Housing and Community Development (HCD) released the Transit-Oriented Development (TOD) Housing Program draft guidelines. Comments on the draft guidelines should be sent to tod@hcd.ca.gov by 5:00 pm PT on April 3. HCD will hold two webinars on the draft guidelines:

The California Department of Housing and Community Development (HCD) issued FAQs for Round 5 Veterans Housing and Homelessness Prevention (VHHP) program.

A list of California Tax Credit Allocation Committee (TCAC) first round applicants is available here.

The California Housing Partnership and Housing California released California’s Roadmap HOME 2030, an initiative to develop a ten-year “Marshall Plan” that will set the course for creating a California with homes for all.

The California Housing Partnership released the 2020 Affordable Homes at Risk report, which found that that California has already lost 15,004 affordable rental homes and that another 31,821 affordable rental homes are currently at risk of market rate conversion in the next decade.

A group of California Assembly members introduced a bill that would inject $2 billion into addressing California’s homelessness crisis — an immediate effort to meet the governor’s request for permanent funding to tackle the problem.

The California Tax Credit Allocation Committee (TCAC) posts its updated program schedule, which includes changes to upcoming four percent credit deadlines and award dates.

The California Tax Credit Allocation Committee (TCAC) and the California Debt Limit Allocation Committee (CDLAC) recalled the January 28, 2020 messages with the subject line “4% Federal and State Tax Credits with Tax-Exempt Bonds: Message to Applicants.” The content of the message does no apply.