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Board reallocates HOME funds and approves awards for three affordable-housing projects
Summary
The board approved a substantial amendment to reprogram HOME and CHDO funds across fiscal years 2023–25 and approved funding recommendations for three projects — Park Street Cottages (Turlock partial HOME award $1.6M), Valley Manor (Newman PLHA $1.3M), and Abbey Street (Empire partial HOME award $1.2M) — and authorized staff to proceed with NEPA and negotiations. Vote recorded 4-0.
The Stanislaus County Board of Supervisors on Dec. 16 approved a substantial amendment to the Stanislaus HOME Consortium annual action plan and accepted staff recommendations for HOME and Permanent Local Housing Allocation (PLHA) awards for multiple affordable housing projects.
Deputy Director Anna Stan Nicholas told the board the amendment would shift funding from the housing rehabilitation program into the consortium's affordable housing program for fiscal years 2023–25, while reallocating CHDO set-aside funds back into rehabilitation to…
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