Page 338 - 2022-23 Blue Book Vol 2
P. 338

Accessible Housing Program


                                                                                    2021-22          2022-23
                                                                                    Adopted         Proposed
                                                                                     Budget           Budget
            PROPOSITION HHH FUNDING
            Proposition HHH Developments with HHH Funding – Funding up to this     $ 50,664,075      $ 46,492,638
            amount may be available for the construction of accessible units approved to
            meet  the  conditions  of  Proposition  HHH  and  funded  by  Proposition  HHH
            Bond Proceeds. Funding is subject to final project costs and other financing
            factors.
                  *
             Subtotal Proposition HHH Appropriations                               $  50,664,075     $  46,492,638

            OTHER FUNDING

            Proposition HHH Developments with Other Funding – Funding up to this   $151,992,225      $139,477,913
            amount may be available for the construction of accessible units approved to
            meet the conditions of Proposition HHH and funded by nine percent and four
            percent  Low  Income  Housing  Tax  Credits,  Federal  HOME  Investment
            Partnerships  Program  Fund,  state,  County,  and  other  funds.  Funding  is
            subject to final project costs and other financing factors. *

             Subtotal Other Funding                                                $151,992,225      $139,477,913

             TOTAL APPROPRIATIONS                                                 $ 236,586,345     $ 212,365,692


            * Funding  available  from  Proposition  HHH  Bond  Proceeds  are  for  projects  approved  from  multiple  Project
            Expenditure  Plans  (PEPs)  in  prior  years  with  projected  expenditures  in  2022-23.  Funding  from  other  sources
            represents funding from various other sources in 2022-23 that are required to complete Proposition HHH projects.









































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