California Department of Housing and Community Development: Homekey Program
Deadline: September 29, 2020
Amount: Varies. See NOFO for explanation. For acquisition projects, Homekey will generally fund up to $100,000 per door, as supported by an appraisal.
Match: The Department will contribute the first $100,000 per door of the Homekey proposed Project. This contribution does not require a local match.
The Eligible Applicant will be required to contribute an identical match of $50,000 or a 1:1 local match to receive an additional $50,000 contribution from the Homekey program. The Eligible Applicants will be required to contribute $100,000 or a 2:1 local match to receive an additional $50,000 contribution from the Homekey program.
Eligibility: Cities, counties or any other local public entity. Can be in partnership with a nonprofit or for-profit corporation.
Summary: Homekey funding is to rapidly sustain and expand the inventory of housing for people experiencing homelessness or at risk of homelessness and impacted by COVID-19. The COVID-19 pandemic has exacerbated existing community needs and inequalities to respond to homelessness and the current COVID-19 pandemic.