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SOCAHOC Community Housing Forum: Outlook and Opportunities in Developing Healthy, Competitive and Sustainable Communities March 31, 2014 Suket Dayal San.

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Presentation on theme: "SOCAHOC Community Housing Forum: Outlook and Opportunities in Developing Healthy, Competitive and Sustainable Communities March 31, 2014 Suket Dayal San."— Presentation transcript:

1 SOCAHOC Community Housing Forum: Outlook and Opportunities in Developing Healthy, Competitive and Sustainable Communities March 31, 2014 Suket Dayal San Diego Housing Commission Director of Strategy

2 San Diego Housing Commission Slide # SDHC was established in SDHC is: A provider of federal rental assistance; A partner in addressing homelessness; and An affordable housing developer and lender. SDHC serves the City of San Diego. Housing Choice Vouchers – 14,849 households Public Housing – 187 units SDHC-owned Affordable Housing Units – 2,233 units San Diego Housing Commission Slide #2 SDHC – Were About People Introduction

3 San Diego Housing Commission Slide # SDHC is one of 39 participating public housing authorities nationwide. Moving to Work (MTW) statutory objectives: Reduce administrative costs to more efficiently allocate federal funds; Provide incentives for low-income families to become self-sufficient; and Increase housing choices for eligible low-income families. San Diego Housing Commission Slide #3 SDHC – Were About People Moving to Work

4 San Diego Housing Commission Slide #4 SDHC – Were About People Homeless in San Diego San Diego City and County ranked number four in the nation for homeless people Of the 8,879 homeless people (individuals or families) 1,486 are homeless veterans 594 unaccompanied youth and children Many causes for homelessness Poverty Lack of affordable housing Loss of job, decrease on assistance, etc.

5 San Diego Housing Commission Slide #5 SDHC – Were About People Sponsor Based Subsidy Program Housing First Model Supportive services combined with federal rental assistance Rental assistance amount capped at the maximum for a studio apartment Subsidies awarded by SDHC through Request for Proposal (RFP) Transitional Project Based Subsidies Housing first model with wrap around supportive services Project Specific Program Flat federal rental assistance amount

6 San Diego Housing Commission Slide #6 SDHC – Were About People Project Based Voucher Program Supportive services combined with federal rental assistance Rental assistance amounts depends on project Tenant payment amount is roughly 30% of income PBVs awarded by SDHC through RFP

7 San Diego Housing Commission Slide #7 SDHC – Were About People Celadon at 9 th and Broadway Bridge Housing Downtown San Diego 9% and 4% tax credits 250 affordable units 88 project based vouchers dedicated to homeless

8 San Diego Housing Commission Slide #8 SDHC – Were About People Alpha Square Chelsea Investment Corporation Downtown San Diego 9% and 4% tax credits 201 affordable units 76 project based vouchers dedicated to homeless

9 San Diego Housing Commission Slide #9 SDHC – Were About People Atmosphere Wakeland Housing and Development Downtown San Diego 9% tax credits (applied) 205 affordable units 41 Project based vouchers dedicated to homeless

10 San Diego Housing Commission Slide # Questions? San Diego Housing Commission Slide #10 SDHC – Were About People


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