Press Releases

Housing Authority Secures Long-Term Funding Stability for Fairview Housing Community

Date: May 18, 2026
Client: Housing Authority of the County of Monterey
Housing Authority of the County of Monterey

The Housing Authority of the County of Monterey (HACM) has secured a long-term funding strategy for the Fairview housing community through the federal Project-Based Voucher (PBV) Program, helping ensure the project's financial stability and sustainability for the next 20 years. On May 12, 2026, the Salinas City Council approved a related restructuring of City funding that will allow local funds to support Fairview operations while PBV funding provides long-term rental assistance for residents.

Following the grand opening of Fairview earlier this year, HACM received grant funding from the City of Salinas to provide 12 months of rental subsidy assistance for residents at the site.

Shortly afterward, HACM identified an opportunity to secure long-term rental assistance funding for Fairview through the federal Project-Based Voucher (PBV) Program and approveda 20-year Project Based Voucher Housing Assistance Payments Contract application for the project.

Under federal funding regulations, PBV rental assistance funding cannot be layered with HOME-ARP rental assistance funding for the same eligible costs. After HACM consulted with HUD representatives, HACM and the City worked collaboratively to develop a funding restructuring strategy that would maintain federal compliance, avoid delays in project implementation, and establish a stronger long-term financial and operational framework for Fairview.

As part of the approved restructuring, funding originally designated for rental subsidy assistance at Fairview will instead support project operations, while the PBV Program will provide long-term rental assistance funding for residents.

"This funding restructuring creates a much stronger long-term foundation for Fairview and helps ensure the project remains financially sustainable for years to come," said Zulieka Boykin, Executive Director for the Housing Authority of the County of Monterey. "We appreciate the City of Salinas and our community partners for their continued support and shared commitment to creating stable housing solutions for vulnerable residents in our community."

Fairview, located at 1030 Fairview Avenue in Salinas, is a 46-unit permanent supportive housing community acquired and renovated by HACM to serve individuals experiencing homelessness, including residents with behavioral health and other complex needs.  The project combines housing with supportive services designed to help residents achieve long-term housing stability and improved quality of life.

To qualify for the PBV process, HACM was required to temporarily pause resident move-ins at Fairview until the federal approval process was completed. With the funding changes now approved, HACM is preparing to begin lease-up activities and resident move-ins. Ten applicants are currently ready to move into the property.

According to the City staff report, the approved funding strategy will help ensure Fairview remains adequately resourced while supporting continued housing stabilization services and broader homelessness response efforts in Salinas.

Fairview was made possible through partnerships between HACM, the City of Salinas, the County of Monterey, the California Department of Housing and Community Development, and community service providers working collaboratively to expand supportive housing opportunities in the region.

About Housing Authority of the County of Monterey

Created in 1941, The Housing Authority of the County or Monterey (HACM) is a locally controlled public agency that leverages funding from the Department of Housing and Urban Development (HUD) and other sources to provide affordable housing and rental assistance to low-income families throughout Monterey County. HACM partners with a broad spectrum of community non-profits, city and county agencies, and state organizations to address affordable housing and housing shortage issues.  The organization provides a variety of housing and services through: The Housing Choice Voucher Program (formerly Section 8), Farm Labor Housing and Tax Credit and other affordable housing programs.  HACM is the primary provider of rental assistance to low-income families throughout Monterey County, and currently serves 7,816 individuals through the Housing Choice Voucher Program. HACM also owns and manages affordable housing properties. HACM currently owns 11 properties and manages 55 properties.  The total number of units is 1,274, which serves 9,076 county residents.