CDBG-Dr multifamily housing program
The City of Shasta Lake will prioritize projects in the following order:
- Mixed-use projects
- Multi-family (non-scattered site) 8 units or more
- Multi-family (scattered site) 8 units or more
HCD requires projects to meet one of the following criteria:
- Projects providing housing for Extremely Low Income (ELI) individuals or families, accommodating "Deep Affordability" with at least 10% of total units below 30% AMI to be spread proportionally across unit sizes.
- Projects providing 15% of total units for permanent Supportive Housing (PSH), per the 2018 Multifamily Housing Program Guidelines as a housing type that meets the requirements of Article 2, Section 7302(e)(4).
- Projects which are providing residential units for low-income Elderly Persons, accommodating "Deep Affordability" with at least 5% of total units below 30% AMI to be spread proportionally across unit sizes. (E.g., in a 20-unit project, a minimum of 6 units must be affordable to meet the 30% of units affordable units eligibility standard, and one such unit shall be targeted below 30% AMI).
The City of Shasta Lake has published its Notice of Funding Availability (NOFA) for affordable housing in the incorporated areas of Shasta Lake, California. This funding is made available through the United States Department of Housing and Urban Development (HUD), and allocated to the State of California Department of Housing and Community Development (HCD). In response to the 2018 wildfires, HCD has allocated a total of $1,331,634 in Disaster Recovery - Multifamily Housing Program (DR-MHP) funding to be distributed through a Request for Proposals (RFP). Funding assistance to Developers will be issued in the form of a loan, not to exceed 40% of the total project cost.
Funded projects will assist with meeting unmet housing needs, including the needs of individuals displaced from homes and individuals who became homeless as a result of the disasters. The DR-MHP allows the City to identify, select, and submit potential housing projects to HCD for eligibility assessment and review, approval, and funding.
Applications are due no later than Monday, February 7, 2022 at 2 p.m. and will be reviewed on a continuous basis until all funds are committed to eligible projects. Applicants will need to submit all required materials one of the following ways:
In-Person at our Physical Office:
- 4477 Main Street, Shasta Lake, CA 96019, Monday through Friday between the hours of 7 a.m. and 4 p.m. prior to the due date.
Hard Copy and Thumb Drive by US Mail to:
- Attn: Whitney Zeller - Shasta Lake CDBG-DR-MHP City of Shasta Lake 4477 Main Street (PO Box 777), Shasta Lake, CA 96019