IE Business Daily Business news for the Inland Empire.
Riverside County will receive $10.5 million from the state’s new housing initiative, Project Homekey.
That program provides money to purchase and convert hotels, motels, and vacant apartment buildings into permanent housing for homeless people, according to a statement on the county’s website.
Projects that will be helped by Project Homekey include a Palm Springs hotel, a mobile home park in Oasis for farmworker families, and a 52-bed Riverside community for LGBTQ youth who have HIV or AIDS.
“Riverside County is tremendously thankful to receive this grant to fulfill three new efforts to provide permanent housing to individuals and families in our communities,” said Supervisor and Board Chair V. Manuel Perez in the statement. “We are proud to be among the allocations from this state program, and it will go very far to address homelessness and housing needs.”
Lake Elsinore was also awarded $3.1 million to acquire, rehab, and operate a former hotel that will provide 14 temporary housing units for up to 28 residents, according to the statement.
