The California Department of Housing and Community Development held a competitive ‘Notice of Funding Availability’ in July 2021 to provide $57 million in matching grants to Local Housing Trust Funds established by cities and counties
In response, the Housing Authority of the City of Alameda (AHA) created Alameda Affordable Housing Trust Fund (AAHTF) to apply for the matching grant. In December 2021, the State of California Department of Housing and Community Development awarded $2.5 Million to the Housing Authority of the City of Alameda via AAHTF. This $2.5 million-dollar award matches an existing $7.5 million-dollar commitment already made by AHA (in July 2021) to the newly created AAHTF.
All this funding will enable AHA to further its commitment to end homelessness within the City of Alameda. AHA will use these funds to start the first two phases of long-planned affordable rental homes at North Housing site on Mosely Avenue, which will include 90 affordable rental homes for formerly homeless households. Construction of these first phases at North Housing is tentatively expected to be completed by early 2024.