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For Immediate Release |
MEDIA CONTACT: Marjorie Wass/Jennifer Guess (805) 687-3322 |
Santa Barbara, CA, December 4, 2006---At its Fall Educational Conference held in New Orleans, the National Association of Local Housing Finance Agencies (NALHFA) presented its Meritorious Achievement Award for 2006 to Santa Barbara’s El Carrillo Homeless Housing Project. On Tuesday, December 5, 2006, at 2 p.m., the City Redevelopment Agency, Housing Authority, and nonprofit Work Training Programs will present the award to the City of Santa Barbara at a City Council meeting.
El Carrillo’s 61 studio apartments, completed on September 15, 2006 by the City’s Housing Authority, provides permanent affordable housing to Santa Barbara’s homeless. It is the first permanent supportive housing development of its kind in Santa Barbara County and the first project to be completed under Santa Barbara’s Ten Year Plan to End Chronic Homeless. El Carrillo brings together the Housing Authority, a recognized leader in developing and managing high quality, affordable rental housing and Work Training Programs, Inc., an experienced, nonprofit leader in the delivery of social services for special needs populations.
NALHFA is a nation-wide association of affordable housing professionals. Its member organizations include city and county agencies, non-profits, and private firms, such as underwriters, consultants, financial advisors, bond counsels and rating agencies.
MEDIA ADVISORY
WHAT: Official presentation to City of Santa Barbara -National Association of Local Housing Finance Agencies (NALHFA) Meritorious Achievement Award for El Carrillo Homeless Housing Project
WHO: City of Santa Barbara Redevelopment Agency, Housing Authority staff and commissioners, and nonprofit Work Training Programs staff and counselors
WHEN: Tuesday, December 5, 2006 at 2:00 p.m.
WHERE: City Council Meeting, City Hall, 735 Anacapa St.
The City’s Redevelopment Agency provided a deferred low-interest $1,775,000 loan to the Housing Authority for site acquisition for the express purpose of creating permanent homeless housing. Key to the project’s financing was the Housing Authority’s success in securing $8.1 million in highly competitive Low Income Housing Tax Credit funds. The City made other key contributions to the project’s feasibility in the form of a new zoning ordinance reducing the minimum unit size and generous modifications for density, parking, and set backs.
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