The
HOME Program Grant is funded from the National Affordable Housing
Act of 1990 and its provision for the HOME Investment Partnerships.
This act provides for the participating cities to tailor housing
strategies to meet local needs. Using these funds, the City of
Stockton can achieve its housing goals by targeting monies to specific
areas or by prioritizing housing needs. The funds will be used
to leverage state and private funding to acquire, rehabilitate
and/or construct housing units. Depending on the particular project,
funding and long-term affordability goals, these activities will
be carried out by for-profit developers and non-profit Community
Housing Development Organizations.
|
Stockton,
CA 
