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Business, Transportation and Housing Agency Secretary, Sunne Wright McPeak
Announces Funding to Build Housing, Create Jobs, and Stimulate California's Economy
At the construction site of the future Saticoy Village Apartments, in Van Nuys, California, Secretary Sunne Wright McPeak on February 4, 2004 announced the award of $173.6 million to increase affordable housing opportunities for California's workforce and their families, stimulate the economy and create jobs. Governor Arnold Schwarzenegger directed the State Department of Housing and Community Development to increase awards by over 50 percent compared to funding levels originally offered to accelerate the economic stimulus.
At the award ceremony along with Secretary Sunne Wright McPeak were: Los Angeles Mayor, Jim Hahn; Los Angeles Council Members, Eric Garcetti and Tony Cardenas; Department of Housing and Community Development Director, Matthew O. Franklin; and Chairman of the Board of Directors for Los Angeles Family Housing, Danny Howard (not pictured above).
Click here for the full Press Release
Proposition 46 - Building Better Lives
"We are experiencing an affordable housing crisis and the Proposition 46 money can only have a positive effect on our community. We have a waiting list of some two-thousand families in need of affordable housing within this community. They simply need an opportunity to live in safe, decent, and affordable housing. We are here to help them with this dream. We could not be an effective housing agency without your help and the help of the City, State and Federal agencies we work with. More dollars for affordable housing projects within this community simply means more affordable housing available families that we serve and the alleviation of an on-going crisis."
Joseph Corcoran, Director
Project Management
Los Angeles Family Housing