A Newsletter For Our Friends & Partners                                           October 2008

 
 

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.

Affordable Housing Spotlight: Alabama Manor

 
 
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.

Quick Links

Website: www.sdhc.org
Fact Sheet: What We Do

Success Story

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.
 
 

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.

Agency Actions

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.
                   
SDHCLogo
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.