Background: On May 20, the Housing Element Committee (HEC) voted in favor of 10 recommendations, two of which related to Davis’s Housing Trust Fund, based on a draft document from Davis’s Social Services Commission (SSC). On May 9, the Planning Commission voted in favor of these two recommendations (and none of the other HEC recommendations). On June 15, members of the City Council expressed support for these proposals, although they did not vote on them officially.
By Georgina Valencia
The City of Davis has a Housing Trust Fund (HTF). There are a number of cities throughout the State that have Housing Trust Funds. The funds that go into the HTF account is designated for services and programs related to affordable housing. Currently, the City has no designated plan with priorities and related programs as proposed by the SSC. More specifically there is no sustainability planned into the programs the city currently offers. Programs to date have been Ad Hoc and directed by the funds and programs the State decides that Cities should pursue.
Current funding sources for our City HTF come from: in-lieu fees, 1% fee from the sale of affordable homes, State Grants for CDBG and HOME funds, SB2 funds, rent from City owned affordable housing and more. At any given time there is approximately $500,000 plus or minus in the HTF.
A few examples of real world issues that programs and funding in our HTF could correct:










