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HOUSING RESOURCES <br />FINANCIAL RESOURCES FOR HOUSING <br />Federal, state, local, and private programs are available to fund and /or subsidize <br />the construction of new housing, preservation of existing affordable housing, <br />maintenance of neighborhoods, and rehabilitation of housing. The following <br />summarizes some of the major sources and amounts of funds available. <br />FEDERAL RESOURCES <br />Section 8 Housing Choice Vouchers <br />Housing Choice Vouchers is a federal rental assistance program that provides a <br />subsidy to very low income families, individuals, seniors, and the disabled. <br />Participants pay 30 percent of their adjusted income toward rent. The Santa Ana <br />Housing Authority pays the balance of rent to property owners and administers <br />the program. Housing vouchers can be used for any housing that meets the <br />requirements of the program—it is not limited to units located in subsidized <br />housing projects. Funds available in 2013/2014 total $27,541,014. <br />Community Development Block Grants (CDBG) <br />The CDBG program is a federal entitlement program awarded to Santa Ana on a <br />formula basis. The objectives are to fund housing activities and expand economic <br />opportunities. Projects must benefit low and moderate income persons, aid in the <br />prevention or elimination of slums or blight, or meet other urgent needs. Eligible <br />activities include property acquisition, rehabilitation, preservation, economic <br />development, code enforcement, public facilities, and public services. Funds <br />available in 2013/2014 total $5,680,480. <br />HOME Investment Partnership <br />HOME is a federal grant to expand the supply of decent, safe, and sanitary <br />affordable housing. HOME is designed as a partnership program between the <br />federal, state, and local governments; nonprofit; and for - profit housing entities to <br />finance, build, rehabilitate, and manage housing for lower income owners and <br />renters. Eligible activities include multiple - family unit acquisition and <br />rehabilitation, single - family unit rehabilitation, and nonprofit affordable housing <br />entity assistance. Funds available in 2013/2014 total $1,228,217. <br />Housing Opportunities for Persons with AIDS ( HOPWA) <br />HOPWA is a federal grant program available for projects supporting persons with <br />HIV or AIDS in local jurisdictions on a formula basis. As the central jurisdiction <br />in the county, funds are allocated to Santa Ana on behalf of all jurisdictions in <br />Orange County. Funds are made available countywide for supportive social <br />services, affordable housing development, and rental assistance on a competitive <br />basis. Funds available in 2013/2014 total $1,471,187. <br />CITY OF SANTA ANA GENERAL PLAN HOUSING ELEMENT C -47 <br />