Riverside gets large state grants for housing

By on June 26, 2019
Inland Empire Grants

Riverside has received major grants from two state programs that it will use to build affordable housing.

The $32 million-plus from “No Place Like Home” and “Affordable Housing and Sustainable Communities” will help pay for 278 affordable units throughout the city, according to a statement on the city’s website.

“I’m especially pleased to see the State of California come forward as a partner to build these homes, including some that are attainable for hard-working people of limited means, veterans and our neighbors without homes,” Mayor Rusty Bailey said in the statement.

Riverside projects receiving the funding are:

  • Mission Heritage Project, a 72-unit project downtown, which will include 22 units for veterans. Sixteen point eight million dollars will come from the Affordable Housing program, while Riverside plans to spend $3 million on the development.
  • Oasis Senior Villas, which will receive $8.2 million from No Place Like Home. It will have 108 units in Eastside for low-income seniors, including people who were previously homeless and have had mental illness.
  • St. Michaels Project, which will receive $4.3 Million from No Place Like Home. St. Michael’s will have 49 units in Arlington for extremely low-income residents. The city is putting in $2 million.
  • Cedar Glen II, which includes 49 units of affordable housing in La Sierra, received $3.3 million from No Place Like Home, while Riverside provided $650,000.

Riverside’s participation in developing the four projects is part of the city’s Permanent Supportive Housing Strategy, a 10-year plan to lower its homeless population.