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FINANCIAL ASSITANCE PROGRAMS

The Need for Affordable Housing:
    California's housing crisis has reached critical status, ranking as the least affordable State.  Financial assistance is available for those developers that answer that need in Calif. and other states.
    HCI can assist in navigating and processing through the maze of governmental assistance programs, to benefit your project.

Pr         PUBLIC AGENCIES AND PROGRAMS
P          Funding Programs are available in "Targeted Areas" 

  • Re-development and Revitalization areas
  • Developing areas in need of workforce infrastructure
  • Workforce housing program areas
  • Lack of Senior housing and care facilities
  • Low, affordable and workforce housing needs

Grants, Low Interest Loans and Tax Credits available:

  •  Calif. Dept. of Housing & Community Development Programs
  •  City Redevelopment & Revitalization funds
  •  (HOME) Investment Partnership Programs
  •  (PDLP) Predevelopment Loan Program
  •  County Home Ownership Assistance Programs
  •  CALHFA Grants
  •  Programs available for partnerships with Non-Profit CHDO's, CDE's and CDFI's
  •  Investment Tax Credits and New Market Tax Credits

Government Funds Can Be Used For:   

  • Land acquisition
  • Pre-development costs
  • Construction cost
  • Administration
  • Sales & marketing
  • Etc.

 

    
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