I received news that #AD39 has been awarded $44,847,783 from the California Department of Housing & Community Development (HCD) for the Permanent Local Housing Allocation (PLHA) program.
The purpose of the PLHA Program is to help local governments to address their affordable housing needs. The PLHA program provides financial assistance made available through the passage of SB 2 (Chapter 364, Statutes of 2017) and allocates 70 percent of the ongoing revenue deposited in the Building Homes and Jobs Trust Fund directly to local governments.
Investments like these are a critical step to ensuring communities have affordable housing throughout California.
For additional details on the Permanent Local Housing Allocation (PLHA) program, please find the funding award letter below.