Yountville, Calistoga get $6 million from state for 60 affordable housing units
By JILLIAN JONES
Register Staff Writer
The cities of Yountville and Calistoga were awarded more than $6 million from the state Wednesday to construct a total of 60 affordable housing units.
Gov. Arnold Schwarzenegger’s office announced the grants as part of a statewide $72 million award of federal HOME Investment Partnerships Program funds. The program, designed to help organizations build and retain affordable housing, provides funds to eligible cities and counties that do not receive HOME funds directly from the federal Department of Housing and Urban Development.
“This money will help improve the current mortgage situation in California by providing assistance to first-time homebuyers, reducing the number of bank-owned homes and increasing the number of rental properties,” states the news release from the governor’s office.
The projects in Napa County garnered nearly 10 percent of all the money given out by the state for projects in 53 different cities.
In Yountville, a $3.05 million grant will partially fund 36 apartments developed by Napa Valley Community Housing. The two complexes — Finnell Place on Finnell Road and Washington Gardens on Washington Street — will feature one-, two- and three-bedroom apartments, said NVCH Project Manager Becky Boult. Rents will range from $600 to $1,200 a month.
Construction on the $14 million project is expected to begin this fall, said Boult, with completion slated for fall 2009.
The project is part of the city’s inclusionary housing ordinance, which requires developers to include affordable housing when proposing a new inn or housing subdivision. Finnell Place and Washington Gardens fulfill the requirement for Bardessono Inn and Spa in Yountville.
Yountville Town Manager Steve Rogers calls the grant “very good news.”
Calistoga, working alongside Affordable Housing Inc., received $3.25 million for the construction of 24 apartments on Silverado Trail. The complex will feature one-, two- and three-bedroom apartments, according to David Spilman, administrative services director for the city, and will cost about $7.4 million.
The project fulfills the inclusionary housing ordinance requirement for Solage resort and spa.
“We’re really quite pleased to have received this award,” said Spilman, noting that the grant makes up about 40 percent of the total cost of the project.
Calistoga Affordable Housing Executive Director Erica Sklar calls the grant “the keystone which can now be turned to move this project forward.”
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