Homekey Funds More Than 15,000 Homes for Californians at Risk of Homelessness
SACRAMENTO, CA — Governor Gavin Newsom today announced more grant awards from the third round of Homekey, the Administration’s initiative to help communities to address the challenge of homelessness by rapidly expanding the availability of housing for at-risk individuals and families.
The six projects newly funded, totaling nearly $95.6 million, will create 396 affordable homes. So far in Round 3 of Homekey, the California Department of Housing and Community Development (HCD) has made awards to fund 2,235 homes. Today’s awards bring the total of homes funded across three rounds of Homekey to 15,009. These homes are expected to serve 163,260 Californians over the life of the projects.
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