Housing Opportunity Funds Awarded to Local Nonprofits
Two Medford area nonprofits were awarded a combined $400,000 to increase permanent housing for veterans and provide shelter for homeless youth.
On November 7 the Medford City Council approved the Housing Advisory Commissionís (HAC) recommendation to award funds collected from the Construction Excise Tax (CET) to Hearts with a Mission Homeless and Columbia Care.
Hearts with a Mission received $150,000 in gap funding to complete the construction of a 12-bed homeless youth shelter serving youth ages 10-17. Columbia Care received $250,000 to develop 16 units of permanent supportive housing for low-income Veterans. The housing complex will offer single-room occupancy and family living occupancy with onsite support services.
The HAC received and evaluated six proposals from local organizations seeking funding. Projects were evaluated based on their ability to accomplish a least one of the following objectives:
Create new rental units
Increase homeownership opportunities
Facilitate land acquisition and infrastructure development for housing
Purchase and preserve existing affordable housing
Develop permanent supportive housing for homeless and special needs populations
Support transitional housing for homeless
Support homeless shelter development
The CET was established by City Council in February 2018 and is a one-third of one percent tax on the value of residential, commercial, and industrial improvements to provide funding for affordable housing in Medford.
These projects are a direct result of City Council prioritizing affordable housing and homelessness in our community.