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| For Immediate Release: August 13, 2007 |
CONTACT: Eduardo Martinez |
| Portantino Announces Housing Infrastructure Bond Funding Recipients | |
| Nearly $5 million to be spent on projects in and around the 44th Assembly District on projects to help the housing needs of lower-income families | |
Sacramento – Assemblymember Anthony Portantino (D-La Cañada Flintridge) today announced the Department of Housing and Community Development awarded projects in the 44th Assembly District. The projects selected will receive state bond dollars originating from the first round of funding following the successful passage of Proposition 1C last November. “I’m very pleased with the decision to fund these worthy projects that will go a long way to meeting our region’s low-income housing needs,” said Portantino. “The voters of my district supported Proposition 1C by a 58% to 42% margin understanding that we need to invest in our human infrastructure as well as our public infrastructure. All of the San Gabriel Valley residents stand to benefit from these sound investments.” The 44th Assembly District was awarded $2.6 million by Department of Housing and Community Development under the CalHome Program, a program that dedicates funds to promoting homeownership opportunities for first-time homebuyers through the acquisition of new or resale homes. Additionally, the program also helps homeowners maintain their existing housing by providing financing for rehabilitation. Los Angeles Neighborhood Housing Services $1,000,000 The Department of Housing and Community Development has also awarded $2.16 million in Workforce Housing Reward Grant Program funds to the following projects that will directly impact residents of the 44th Assembly District: City of Los Angeles $2,139-970
City of Pasadena $29,348
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| Capitol: State Capitol - P.O. Box 942849 -Sacramento, CA 94249-0044 - Tel: (916) 319-2044 - Fax: (916) 319-2144 District: 215 N. Marengo Ave, Suite 115 - Pasadena, CA 91101 - Tel: (626) 577-9944 - Fax: (626) 577-2868 |
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