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The HOME Program is a HUD-funded housing activity. The intent of the HOME Program is to provide decent affordable housing to lower-income households, to expand the capacity of non-profit housing providers, to strengthen the ability of state and local governments to provide housing, and to leverage private sector participation. Funded agencies may offer subsidies for first-time home buyers or reduced rental rates for qualified tenants.
The Scottsdale City Council has approved funding the following agencies for FY 2008/09.
Community Services of Arizona, Inc.
– Community Housing Development Organization (CHDO) Operations - $50,000. Community Services of Arizona will utilize CHDO operation funding to offset costs in planning future CHDO Set-Aside activities under the HOME Program.
Community Services of Arizona, Inc. – New Construction of Homeownership Units at SkyVista- $348,334 HOME + $100,000 General Fund. Community Services of Arizona will construct 44 townhouse units on Belleview Street to replace depilated housing. The project called SkyVista will mix market and affordable units on site. There will be a total of 13 affordable units and 31 market rate units.
Contact the Community Assistance Office for more information at (480) 312-7647.