closed

Notice of Funding Availability, Homekey Program Round 3

Department of Housing and Community Development · 27350

Eligibility details

Cities, counties, cities and counties, & all other state, regional, & local public entities, including: councils of govt, metropolitan planning orgs, & regional transport. planning agencies in Section 29532.1 of the Govt Code or Tribal Entities.

Matching funds & resources

Source matching-funds field: Not Required.

Matching funds and leveraged resources are different requirements. Read the description and reviewed rules below before determining resource commitments.

About this opportunity

Homekey was created as an opportunity for local public agencies to quickly acquire and rehabilitate properties like motels, multifamily buildings, and commercial properties, to expand housing for persons experiencing or at risk of homelessness, who are inherently impacted by the COVID-19 pandemic. The $736 Million Round 3 NOFA sets aside 10% of funding for youth at risk or experiencing homelessness, and 5% of funding for rural communities. The rest of the funding is also divided into 8 regions, largely aligned with the various Councils of Government (COGs). Each region's share of the Homekey allocation is calculated based on its proportionate share of persons experiencing homelessness as indicated by the sheltered and unsheltered 2021 Homeless Point-in-Time (PIT) counts, plus its proportionate share of extremely low-income (ELI) renter households that are paying more than 50 percent of their income for rent. Keywords: Permanent Supportive Housing, homeless housing, housing grants, property conversion funding, acquisition grant.

Funding geography: The Department has divided the state into eight regions, each region has funding reserved. Each region's share of the Homekey allocation is calculated based on its proportionate share of persons experiencing homelessness as indicated by both the sheltered and unsheltered.

Funding instrument: Grant. Issuing jurisdiction: California. This is not a geographic eligibility determination.