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A Newsletter For Our Friends &
Partners October
2008
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Rick Gentry
Takes Helm |
 Rick
Gentry has joined the San Diego Housing
Commission as the agency's President & CEO,
effective September 19.
Among his first activities was to join City
of San Diego Mayor Jerry Sanders and SDHC
chair Sal Salas in a press conference to
announce the award of a $9.4 million
foreclosure aid grant. The federal funds
could be used for a variety of purposes,
such as renovating repossessed properties
and helping moderate-income households to
purchase them. Gentry will work with the
City to determine the specifics of how the
funds will be used.
Gentry has 36 years of experience in the
affordable housing and community development
field. He was hired by SDHC following a
nationwide search. To learn more, see the
previous issue of
Housing Matters.
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Affordable
Housing Spotlight: Alabama Manor |
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SDHC has been working with developers to
increase the supply of affordable housing for
seniors in the City of San Diego - with over
2,400 units completed or underway.
The most recent addition was Alabama Manor, a
67-unit North Park development for low-income
seniors and persons with disabilities. SDHC
provided
$10 million in deferred loans and tax-exempt
bonds to enable developer Community HousingWorks
to purchase and extensively renovate the
property. As a condition of the funding, the
apartments will remain affordable for 55 years.
Renovations to the 24-year old property
included: roof repairs; mechanical, electrical
and plumbing system upgrades; energy efficient
windows and appliances; as well as kitchen and
bath upgrades. Four units were retrofitted to be
accessible to individuals with disabilities, and
an additional four units were renovated to
accommodate residents with hearing and vision
impairments.
Click here to read a news article about
Alabama Manor and other senior affordable
housing.
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Success
Story |
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Helping Seniors Live Independently
 Irene
lives affordably and comfortably in a modest,
one-bedroom apartment in Clairemont, thanks to
SDHC's Section 8 Rental Assistance Program. She
has been a widow since 1970, when her late
husband, a gunnery sergeant for the U.S. Marine
Corps. passed away. For a number of years, she
worked to supplement the income she received
from her husband's pension. Upon her retirement,
she applied for and received a Rental Assistance
voucher from SDHC.
"I am so grateful for the help. I don't know
what I would have done without it," says Irene.
The Section 8 Rental Assistance program helps
13,700 low-income seniors, families and persons
with disabilities pay rent in private housing
each month.
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Sponsor
Dollars for "Financial Fitness" |
Thanks
to public- and private-sector grants and donations,
SDHC has continued to expand financial education
resources for housing assistance participants.
Recent contributions included a collective $270,000
in funding from U.S. Department of Health & Human
Services, United Way of San Diego and US Bank. The
funds will enable SDHC's Workforce & Economic
Development Department to increase enrollment in its
adult and youth "financial fitness" and
matched-savings programs.
Among agency clients who have already benefited from
these programs is Angela - a mom who is on track to
purchase a home. Angela was recently interviewed by
KUSI News.
Click here to view the segment. |
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Agency
Actions |
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The Housing Authority and Housing Commission
recently approved these items:
> $3.7 million loan for
Golden Age Apartments (76 units,
acquisition-rehabilitation, Mountain View) to
serve very low-income seniors and persons with
disabilities.
> $600,000 loan for
Boulevard Apartments (24 units, new
construction, North Park) to supplement a
previous SDHC allocation of $6 million in
tax-exempt bonds for the development, which will
be for low-income families.
> $25,000 grant to Safe
Harbor for its Safe House transitional
housing program for homeless men.
> Expansion of SDHC's
Housing Repair Program to include the
San Ysidro and North Park redevelopment areas.
SDHC administers these programs on behalf of the
City's Redevelopment Agency. To date, SDHC has
helped 10,000 low-income owners with repair
needs such as leaking roofs, faulty plumbing,
electrical or heating systems, flooring,
exterior or interior paint, lead paint
reduction, and accessibility.
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The San Diego Housing Commission
is a public agency
working
to expand affordable housing opportunities in
the City of San Diego. Each year, the agency
helps 80,000
low-income individuals with affordable housing
through award-winning programs that benefit the
city's economy and revitalize neighborhoods. The
agency also finances affordable housing
development and advises the San Diego City
Council on housing policy matters. Learn more: www.sdhc.org.
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