FY-23 City of San Diego Affordable Housing Fund
FY-23 City of San Diego Affordable Housing Fund
Purpose of Annual Plan
The San Diego Municipal Code requires the submission of an Affordable Housing Fund (AHF) Annual Plan to the City Council for action.
The City of San Diego AHF Annual Plan:
- Provides a framework for planning and budgeting of fund revenues; and
- Specifies the amount of funds budgeted for housing activities and administrative expenses.
To view previous AHF Plans & Reports go here.
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Julia Sauer
Director of Compliance, Grants & Special Programs
San Diego Housing Commission
Christelle Van Der Windt
Vice President, Financial Operations
San Diego Housing Commission
Timeline
Current SDHC Model Programs
SDHC’s model programs with funding allocations:
Rental Housing Finance:
- New construction of affordable low- and middle-income rental housing units
- Preservation of existing affordable housing
Homeownership:
- Deferred payment loans and closing cost assistance
- Accessory Dwelling Unit (ADU) financing
Homelessness activities:
- Emergency shelters
- Prevention and diversion
- Rental assistance
- Landlord engagement and assistance
- Transitional housing and rapid rehousing
- Supportive services, including coordinated outreach
Revenue Trends
FY2020-2022 AHF Program Expenditures
Outcomes Since Inception of Funds
- Affordable Housing Units Created: 8,751
- Affordable Housing Units Preserved: 422
- First-Time Homebuyers Assisted: 357
- Households Experiencing Homelessness Assisted: 23,243*
*Approximate total. Includes individuals who may have received assistance at more than one program.
Creating Affordable Housing
Rental Housing –Closed Financing in FY 2022 and Year-to-Date in FY 2023
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