From Fresno Housing's press release:
Governor Gavin Newsom announced Fresno Housing will receive over $7.6 million as part of the second round of awards for Homekey. Homekey is an innovative $600 million program providing funding to several cities, counties and housing authorities across California to purchase and rehabilitate underutilized hotels, motels, vacant apartment buildings and other properties. The program provides immediate housing for people experiencing or at risk of homelessness, and people most at risk from COVID-19.
Fresno Housing has been awarded funds to initiate an ambitious vision that will begin the transformation of the Parkway Drive Corridor in Fresno, California. Parkway Drive Corridor is currently a densely developed strip of underutilized motels in an area of concentrated poverty. Individuals and families in this area who are experiencing or are at risk of homelessness, are at an extreme risk during the pandemic. “This ambitious plan to revitalize Parkway Drive Corridor will also benefit the surrounding neighborhood and support the individuals and children currently living in unhealthy conditions and who are especially vulnerable during this time,” said Preston Prince, CEO of Fresno Housing. “We have been working with community partners for a meaningful way to contribute, and in July, along came this once-in-a-generation opportunity from the State to accelerate and catalyze our collective vision for the neighborhood. We are so grateful for this opportunity.”