PURPOSE:
The Affordable Housing and Sustainable Communities (AHSC) Program makes it easier for Californians to drive less by making sure housing, jobs, and key destinations are accessible by walking, biking, and transit. https://sgc.ca.gov/programs/ahsc/ The Affordable Housing and Sustainable Communities Program (AHSC)
builds healthier communities and protects the environment by increasing the supply of affordable places to live near jobs, stores, transit, and other daily needs. Personal vehicle use is, by far, the most significant source of greenhouse gas emissions in California. AHSC reduces these emissions by funding projects that make it easier for residents to get out of their cars and walk, bike, or take public transit. Funded by auction proceeds from California’s Cap-and-Trade emissions reduction program, AHSC is administered by the Strategic Growth Council and implemented by the California Department of Housing and Community Development. WHAT DOES AHSC FUND? AHSC provides funding for affordable housing developments (new construction or renovation) and transportation infrastructure. This may include sustainable transportation infrastructure, such as new transit vehicles, sidewalks, and bike lanes; transportation-related amenities, such as bus shelters, benches, or shade trees; and other programs that encourage residents to walk, bike, and use public transit. Eligible Geographies:
The program has a target to award at least one project from each of the Program's eight geographic areas of the state (defined in Sec.108.h.2 of the Guidelines). Also, the program's Project Area type targets (as a percentage of funds available as designated in the NOFA) are as follows:
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FUNDING DETAILS:
Letter of Intent Required? Yes ( see Description for details )
Requires Matched Funding? No Available Funding Notes: The total estimated available funding amount is currently $650,000,000 Funding Source:
Funding Method: Other Funding Method Notes: AHSC funds both loans for affordable housing, and grants for housing-related infrastructure, transportation projects, and community programming. The housing loan is provided at the time of contract signing, shortly after awards are made, and used to close the awardee's construction loan. Grant funds are provided on a reimbursement basis. |
RESOURCES For questions about this grant, contact:
[email protected] |
HOW TO APPLY State agencies/departments recommend you read the full grant guidelines before applying.
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Grantor: Strategic Growth Council
Portal ID: 49460 Status: Forecasted Opportunity Type:
CATEGORIES: |
IMPORTANT DATES Expected award announcement: August 2024
Period of performance: 5 years Anticipated Open Date; January 2024 |