Habitat for Humanity Santa Cruz County has just received a $60,000 grant to build affordable homes in Scotts Valley.
The Blake Lane homeowners on Friday were awarded a down payment assistance grant of $60,000 the Federal Home Loan Bank of San Francisco’s Affordable Housing Program, made available through the Santa Cruz County Bank.
Now the nonprofit is on schedule to complete three permanently affordable town homes on Blake Lane in Scotts Valley in Spring 2013.
“We are honored that our Blake Lane project was one of 25 projects in California awarded FHLBank’s AHP funding,” said David Foster, Executive Director of Habitat, in a press release. “Every home built by Habitat is an experiment in community participation. Volunteers, partner families and local funders make it all possible. With the help of Santa Cruz County Bank, Habitat is able to provide three additional homeownership opportunities in Santa Cruz County.”
Habitat for Humanity Santa Cruz County -- which its founders say provides “a unique solution to the local housing crisis” -- has built 34 affordable homes for low-income families since 1989.