The City of Paso Robles does not directly receive federal funds under the Home Investment Partnership (HOME) and Emergency Shelter Grant (ESG) Programs. Those funds are allocated to the County of San Luis Obispo, which has agreed with other participating cities in the county to cooperate in the allocation of these funds.
Use of Funds
100% of HOME and ESG funds must be used to benefit low-income persons.
HOME funds may be used to:
Acquire property for housing
Construct or rehabilitate housing
Construct street improvements adjacent to low income housing
Provide first-time homebuyer second mortgage loans
Provide rental subsidies
Purchase affordability covenants (under which rents would be limited to the amount that low income persons can afford)
Other related uses
The City of Paso Robles has benefited from HOME funds allocated to a countywide first-time homebuyers second mortgage program. The county has allocated HOME funds to the Canyon Creek and Creekside Gardens Apartment Projects to be developed in Paso Robles by Peoples' Self-Help Housing Corp.
ESG funds may be used to:
Construct and operate emergency shelters for homeless persons
Purchase motels rooms for the homeless
ESG funds have been spent to support the operation of the homeless shelter and homeless day center in San Luis Obispo, facilities that serve the homeless needs of the entire county. ESG funds have also been used to support the operations of women's shelters in San Luis Obispo and in Atascadero.