HCD & Strategic Growth Council Announced that $395M for the Affordable Housing Sustainable Communities (AHSC) Program

*Provided by The Housing and Community Development Department

The California Department of Housing and Community Development (Department) is pleased to announce the availability of approximately $395 million in funding for the Affordable Housing and Sustainable Communities (AHSC) Program. The AHSC Program furthers the purposes of AB 32(Chapter 488, Statues of 2006) and SB 375(Chapter 728, Statutes of 2008). The purpose of the AHSC Program is to reduce greenhouse gas (GHG) emissions through projects implementing land-use, housing, transportation, and agricultural land preservation practices to support infill and compact development, and supporting related and coordinated public policy objectives. Funding for the AHSC Program is provided from the Greenhouse Gas Reduction Fund (GGRF), an account established to receive Cap-and-Trade auction proceeds.

For more information, click here

2018-11-07T14:27:03+00:00November 7th, 2018|CALED News, Econ Dev News|