CHC Newsletter: April 2009

Inside this newsletter…

Mental Health Services Act (MHSA) Housing Program:
This past week the Tax Credit Allocation Committee (TCAC) held three hearings to begin the process of receiving comments on the recently released proposed regulations.  The proposed regulations incorporate the Tax Credit Assistance Program (TCAP) and federal grants in lieu of housing credit allocations (Exchange Funds) resources expected to be awarded to California as a result of the American Recovery and Reinvestment Act of 2009.  This past month, Senate Pro Tem Darrell Steinberg introduced SB 500 which is the placeholder legislation for the anticipated “Permanent Source” legislation which if enacted will fund on an ongoing basis a variety of State Housing and Community Development (HCD) housing programs...

CHC Member Project Profile: Mercy Housing's The Vineyard Town Homes: CHC Member Mercy Housing opened Vineyard Town Homes in January 2008, and the development was fully occupied within one month. The Vineyard Town Homes sits on a 2.3 acre site located on Vine Street between Broadway and Santa Ana Street in Anaheim, California...

Upcoming Housing Events...

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