Rehabilitation Extends Housing Affordability for Hamilton City Residents

HCD recently joined Community Housing Improvement Program and local area partners for the grand re-opening of Shotover Inn Apartments, a two-story affordable housing complex in the center of the Glenn County community of Hamilton City. 

For many years, Shotover Inn Apartments has provided an affordable home for households making less than 80 percent of Area Median Income. However, it had fallen into disrepair and was at risk of being converted into market-rate housing. 

HCD’s Portfolio Reinvestment Program (PRP) is designed specifically for circumstances like this one, providing funding to rehabilitate aging properties. When a property is awarded a PRP grant, its affordability covenant is renewed, so the funding not only improves quality of life for residents but keeps the property affordable for generations to come. 

HCD provided over $5.6 million in funds through the PRP program, ensuring the property remains affordable for the low-income residents of this rural community. Today, this 21-home complex serves 66 people and provides on-site laundry facilities, resident parking, and an on-site manager for resident needs.