On July 16, 2020, the California Department of Housing and Community Development (HCD) created a program called “Homekey,” and allotted a total of $600 million for eligible public entities to purchase and rehabilitate housing for conversion into interim or permanent, long-term housing. Nevada County and the Nevada County Housing Development Corporation (NCHDC) successfully applied, and in October, 2020, received $2.8 million in Homekey funds, including capital and operating costs. The County and NCHDC identified a motel operator willing to sell his property, located at 628 South Auburn Street in Grass Valley, which we will purchase and rehabilitate for this project.
Cashin’s Field Project
In addition to the Homekey Project, on November 18th, the California State Treasurer’s Tax Credit Allocation Committee (TCAC) awarded $25.8M in Federal 9% Low-Income Housing Tax Credits to the Cashin’s Field housing project located at 170 Ridge Road, at Zion Street in Nevada City. The project is a collaboration between the Regional Housing Authority, and Affordable Housing Development Corporation, Nevada City and the County of Nevada. TCAC 9% Tax Credits are critical in securing construction and permanent financing for the project. The funds will be combined with other funding sources to fully fund the 51-unit affordable housing project that will focus on workforce housing for families.
In other housing news, the BOS approved a Ground Lease Agreement by Grass Valley PSH Associates for a 99-Year lease at 936 Old Tunnel Road, Grass Valley, for the Brunswick Commons affordable housing project. The County purchased this 5.0+/- acre parcel with plans to use a portion of it for the development of the proposed Brunswick Commons affordable housing project for homeless persons, persons with psychiatric disabilities who are homeless or at risk of homelessness, and their families. The ultimate goal is to help them into permanent supportive housing and self-sufficiency, by promoting the integration of affordable housing and appropriate supportive services.
Nevada County continues to support and improve shelter operations for our Western County homeless population. However, the advent of the COVID-19 pandemic required a change in measures to safely operate these shelters. Instead of congregate shelters, the adaptation for social distancing practically speaking means housing them in separate hotel rooms. County staff, in partnership with Sierra Roots, will operate the “shelter” this way for the winter season, from November 1, 2020, and through June 30, 2021, and will also be offered to medically vulnerable individuals. For more information click here.