Multifamily Housing Program - Homeless Youth Component Program
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The National Low Income Housing Coalition is providing this data as a public service. NLIHC will continue to update the database. The accuracy of the data is based on information provided by the programs' administrators and user submissions.
The Homeless Youth Housing program focuses on providing deferred payment loans to developers of affordable rental housing serving homeless youth. Eligible activities include new construction, rehabilitation, acquisition, or conversion of nonresidential structures. Projects must contain at least five units serving homeless youth. In FY11-12, the program funded four projects containing 128 units.
Funding is provided by the Housing and Emergency Shelter Trust Fund Act of 2006, also known as Proposition 1C, which authorized issuing bonds for low income housing programs. Proposition 1C issued a $2.85 billion bond for affordable housing and infrastructure in 2006. Of this amount, the Homeless Youth Housing program received $38 million. In FY11-12, the program allocated $12 million. In FY13-14, the program was allocated $39 million.