Housing Fee Applies for Homekey Funding to Leverage Halfway Resort, OB Constructing

In conjunction with the town and county, the San Diego Housing Fee introduced Friday it has utilized for as much as $23 million from the state Homekey program to supply housing at two properties.
The fee is in search of cash for Ramada Inn within the Halfway neighborhood and a vacant property within the Ocean Seashore neighborhood.
SDHC utilized for as much as $18 million to purchase and rehabilitate the Ramada Inn at 3737-3747 Halfway Drive, with the purpose of creating 62 inexpensive rental residences with supportive companies.
The fee utilized with Wakeland Housing and Improvement Company for as much as $5 million for the Ocean Seashore property, at 2147 Abbott St., and construct 13 inexpensive rental residences with supportive companies.
Supportive companies would come with main, psychological and behavioral well being care, together with different applications to greatest meet particular person wants, in keeping with the SDHC.
Inexpensive rental residences “are one of many many important kinds of housing mandatory to satisfy the varied wants of our unhoused neighbors,” stated Jeff Davis, SDHC interim president and CEO. “Homekey funding makes it potential so as to add this sort of housing rapidly.”
The state Homekey program is concentrated on bringing extra housing on-line, sooner and cheaper than new-construction developments, for folks experiencing or prone to homelessness. This system has $736 million accessible, with $34 million put aside for the San Diego area.
Based on SDHC, prices for some new building tasks in San Diego can exceed than $675,000 per door, and take three years or longer to complete.
A Homekey undertaking requires renovation and occupancy to occur no later than one 12 months, SDHC officers stated.
San Diego Mayor Todd Gloria stated he was happy with the town’s work with the Housing Fee and county authorities “to hunt as a lot Homekey funding as we will to get our unsheltered residents into everlasting houses and on a path to a greater high quality of life.”
Nora Vargas, chairwoman of the county Board of Supervisors, stated a powerful partnership with the Housing Fee will permit authorities leaders to search out “viable options for our unsheltered neighborhood.”
“No single stage of presidency can do that alone,” Vargas added. “By prioritizing housing and important companies like psychological well being, meals help, and first care we will hold our households, seniors and veterans beneath a roof.”
Sean Elo-Rivera, Metropolis Council president, stated the regional homelessness disaster can’t be solved with out extra houses.
“A secure and dignified residence supplies folks the psychological and bodily stability wanted to regain management of their lives, make the most of key companies and keep completely housed,” Elo-Rivera added.
Earlier than utilizing Homekey funds, the SDHC would wish approval from the Metropolis Council, appearing as the town Housing Authority.
Final month, county supervisors permitted utilizing as much as $32 million in Homekey funds towards the acquisition and renovation of between one and 4 potential tasks. Additionally they voted in favor of $4.6 million per 12 months, for no less than 5 years, to pay for supportive companies.
Officers are additionally contemplating two Prolonged Keep America properties for Homekey funding: 3860 Murphy Canyon Street in Kearny Mesa and 2085-95 Resort Circle South in Mission Valley.
Beforehand, the San Diego area acquired greater than $49.5 million in Homekey funding to create 372 inexpensive rental residences, together with PATH Villas El Cerrito on El Cajon Boulevard, and the Kearny Vista and Valley Vista residences.
Metropolis Information Service contributed to this text.