|
City
Of San Luis Obispo Housing Grant Programs
Affordable Housing Fund (AHF)
Established in 1999, the AHF implements the Inclusionary Housing Program
and is funded by the payment of in-lieu affordable housing fees.
The City Council relies on the following criteria in reviewing
requests for AHF funding:
Eligibility. Use of the Affordable Housing Fund will increase or
improve affordable housing inventory and promote General Plan policies
regarding housing and related community goals.
Need. There exists a substantial or overarching need for the type
of housing to be assisted.
Suitability. The project to be assisted is appropriate for its
location, both in terms of land use and design.
Timing. The project would better serve the City’s needs if it
were built immediately as opposed to later.
Financial Effectiveness. But for the requested assistance, the
project would not be economically feasible; or AHF funding “leverages”
significant additional funding from other sources.
Readiness. The project has all necessary City approvals and is
ready to proceed.
For more
information on the City's Housing Programs, please
contact Tyler Corey, Housing Programs Manager with the Community Development
Department at (805) 781-7169 or via
e-mail at tcorey@slocity.org.
|