COMMENT PERIOD CLOSED: HOUSING TRUST FUND
The City of Clovis has received development funding applications from the two following pipeline projects for potential funding under the Clovis Affordable Housing Trust Fund Program.
135 Osmun Senior Apartments ($1,000,000 in Clovis HTF requested)
The Cottages at Magnolia Crossing ($500,000 in Clovis HTF requested)
Both projects are in the pre-development stage, and are actively searching for and applying for development financing to enable start of construction. On 9/3/2024, the Clovis City Council selected the 135 Osmun Senior Apartments for application to the California Local Housing Trust Fund Program for matching funds. Both projects are approved to be submitted as pipeline projects. Additionally, the 135 Osmun Senior Apartments project has also received $1,481,281 in PLHA funds from the City of Clovis, which has been committed via a funding agreement dated 5/20/2024.
