$27 Million State Homekey Grant to Help Fund the Creation of 77 Permanent Supportive Housing Units
/A month ago, the City of Thousand Oaks, in partnership with Shangri-La Industries and Step Up on Second Street announced an award of $27 million to permanently convert the Quality Inn & Suites at 12 Conejo Boulevard into 77 units of supportive housing for the chronically homeless.
The state’s Homekey program has offered a rare opportunity to leverage substantial resources to meet this challenge in our community. With unanimous support from City Council and the County Board of Supervisors to apply for the funds, an extensive, compelling application was submitted to the state for consideration. After a lengthy and thorough review process, the Governor’s Office announced the City of Thousand Oaks as a recipient of its Homekey Round 2 awards.
The multi-agency effort included a contribution of $1.8 million from the City’s Housing Successor Fund Budget, $6.6 million from the County of Ventura and the waiver of $852,875 in Quimby Fees by the Conejo Valley Recreation & Park District to support the project.
To learn more about the City’s ongoing and multifaceted efforts to address homelessness and find project updates, please visit www.toaks.org/homekey.
Groundbreaking for the the project will take place at 10 a.m. on Wednesday, September 28, 2022.
Back in the 1960s, the Quality Inn & Suites was the Hyatt Lodge. See then and now pictures and more information at THIS LINK.
