The Sacramento Housing and Redevelopment Agency has gotten approval to tear down hundreds of affordable housing units and build new ones in their place.
With agreement from Sacramento city and county officials, the redevelopment agency is working on a $340 million project to rebuild five city blocks in the River District. The agency will move residents from 218 homes into buildings that accept tenant protection housing vouchers. Contractors will then tear the buildings down, rebuild them and invite the residents to move back in.
Geoffrey Ross is with the agency and says the new project will include programs to help people get out of affordable housing.
“We set aside $4 million of that for what we call, 'the people component' and that’s really the case management piece and that’s really looking to change folks’ health, education, and economic outcomes,” says Ross.
The new project will also include 300 market-rate units.
Groundbreaking on the first of five phases is scheduled to take place in the spring. SHRA says it could take five years to build all of the units.
The agency is just wrapping up the Neighborhood Stabilization Program that began in 2008.
Ross says it used $40 million in state, local and federal money to make properties in the city and county livable again.
“We worked with small builders where they went in and they purchased properties and they received loans from us to go ahead and do the rehab," says Ross. "We did properties where no one else but the agency would actually go in and purchase and rehabilitate. And then we had a program that we called, “The Block” which was where we did multi-family.”
SHRA says 349 properties were renovated under the program.
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