RECOMMENDATIONS
PRESENTATION on a potential partnership with the California Community Housing Alliance to provide rental housing to middle-income families.
BACKGROUND
As bad as the affordable housing crisis is in the Bay Area, even less housing is being built or preserved for working class families. California Community Housing Alliance (CalCHA) has developed a financing model that can fund long-term preservation of properties affordable to low and moderate income working households.
Jordan Moss from the Catalyst Housing Group will review the attached presentation with the Board. This presentation is an introduction to CalCHA's financing model and the Housing Authority's role in that model. No specific deals are being proposed at this time.
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