The City of Folsom must be contacted to start the rental process. If the homeowner is permitted to rent their unit, they must locate a renter whose income is equal to or less than their designation for their Deed Restricted Unit. The homeowner must contact the City of Folsom to find out if they are allowed to rent out their unit – this is determined by the type of assistance that was received from the City of Folsom. Please refer to the “Income Certification Process” below for instructions.Ī homeowner of a Deed Restricted Unit may be eligible to rent their home. If you believe you will qualify, you will need to schedule an income certification appointment with NeighborWorks. Your household must fall under this threshold to qualify to purchase the unit, and the listing agent will have the information on the income thresholds. Each Deed Restricted Unit has a maximum income threshold. If you are interested in purchasing an available property, please contact the listing agent. We update our listings as soon as properties come available, so please check back frequently for new properties!Īll Deed Restricted properties that are currently available are listed below. NeighborWorks Sacramento partners with the City of Folsom to certify the income of potential buyers of these units. When these homes go on the market, they must be sold at an affordable rate to income-qualifying buyers. Because of this program, there are 100 Deed Restricted Units (both condominiums and single-family homes) in the city. If you have questions or need additional information, please contact Stefan Heisler at 2002, the City of Folsom implemented an Inclusionary Housing Program. No surplus properties are currently available.For more information on available properties, please view the following link(s): (the “Surplus Land Act”), the City of Rancho Cordova hereby notifies those entities designated in Section 54222 of the Surplus Land Act of the availability for lease or purchase of the following City-owned land for the purposes authorized in the Surplus Land Act, which land the City intends to declare surplus before the City takes action to dispose of it consistent with the Surplus Land Act and the City’s policies or procedures. Pursuant to the provisions of California Government Code Section 54220 et seq. The Draft Plan may be reviewed here:įor any questions or comments please contact Stefan Heisler at 916.851.8757 or Notice of Availability of Surplus Land The draft plan will be considered for City Council approval on October 3, 2022. The City of Rancho Cordova is eligible for approximately $1,712,196 between Fiscal Year 2019/2020 through Fiscal Year 2023/2024. Jurisdictions are required to prepare a five-year plan to spend this funding on qualified housing projects. This program provides funding to jurisdictions on a formula basis from SB 2 (2017). The City of Rancho Cordova will be submitting an application to the California Department of Housing and Community Development for the 2022 PLHA Program Entitlement Local Government Formula Component. California Housing Finance Agency: Offer low-interest loans for low-income and first-time homebuyers, and financial resources for people looking to become homeowners.Ģ022 Permanent Local Housing Allocation (PLHA).Housing Counseling: Call 916.389.7877 and tell them that you are a resident of Rancho Cordova looking for housing counseling.Learn more by calling 916.440.1390 or at the following websites: Sacramento Housing and Redevelopment Agency: Sacramento County’s housing authority where you can apply for public housing or housing vouchers.Affordable Housing Apartments in Sacramento County.Learn more Affordable Housing Resourcesįollowing are affordable housing resources offered in Rancho Cordova, Sacramento County, and statewide. In response to resident concerns regarding space rent increases at mobile home parks in Rancho Cordova, on January 25, 2022, the City Council will consider adopting a new mobile home space rent stabilization ordinance that would limit the amount of annual space rent increases. Mobile Home Park Space Rent Stabilization Ordinance The city’s Housing Division lends a helping hand if you are looking for affordable housing resources, as well as oversees programs and projects to support our community. Our over 81,000 residents enjoy both new and existing homes for every budget and lifestyle. The City of Rancho Cordova’s friendly and safe neighborhoods reflect diversity, opportunity, partnerships and fun.
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