FOR SAN DIEGO, OPTING OUT OF PUBLIC HOUSING MEANT OPTING INTO A WORKABLE SOLUTION.

HOUSING development; HOUSING subsidies; PUBLIC housing; HOUSING policy; LOW-income housing credit; SAN Diego (Calif.). Housing Commission; GOVERNMENT agencies

SAN Diego (Calif.); CALIFORNIA

The article focuses on the San Diego Housing Commission's (SDHC) decision to transition all its public housing units into housing choice vouchers (HCVs) in San Diego, California. It relates that the strategy resulted in two benefits by accomplishing an increased and stable federal resources for those families served by SDHC, and SDHC will be able to access the underlying value of the real estate to leverage the equity in its owned properties for additional affordable housing. It mentions that the SDHC's conversion out of public housing has enabled it to continue to maintain its housing site and properties, but in exchange, has given up operating subsidy, capital funding or grant programs specific to public housing.