Permanent Local Housing Allocation
The City of Shasta Lake is the recipient of State of California funding through the Permanent Local Housing Allocation (PLHA), created by California Senate Bill 2. The PLHA provides funding to local governments to administer eligible housing activities to benefit low- and moderate-income persons consistent with the local adopted Housing element. The State requires the City to prepare a Five-Year Plan describing how the program funds will be allocated over the Plan timeframe to eligible activity types. The City's allocation is $102,227 for 2019, $161,424 for 2020, and an estimated 5 year total of $613,366.
The Plan was made available for public review beginning November 22, 2021 and closed on December 7, 2021. The plan was reviewed and approved by City Council at their December 7, 2021 meeting. The plan can be viewed here, or under the Program Documents section of this page.
The City is anticipating to receive a total of $613,366 through 2023. These funds will be used for predevelopment ,development, and rehabilitation of affordable housing that meets the needs of a growing workforce earning up to 120% of the Area Median Income (AMI). The City will utilize funds to create more affordable housing in our community through solicitation of affordable predevelopment and development projects, as well as an owner-occupied rehabilitation program. More details on the allocation of funding and the anticipated number and types of households to be served can be found in the 5-Year Plan.