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The Homekey program launched in 2020 to help cities, counties and nonprofits buy hotels, apartments, dorms and other buildings and convert them into homeless housing. Some recipients also used the awards to build modular housing units. The program handed out $846 million in its first year, and created 6,029 units of housing throughout the state.poured another $2.75 billion
into Homekey — with $1.45 billion available this year. About $200 million of that initial allocation is reserved for the Bay Area. In Oakland’s Piedmont Place project, five of the units will have full kitchens, and 40 will have small kitchenettes with sinks, microwaves and refrigerators. The property will include space for counseling, a community room and a dining hall.“As we have seen time and time again, Homekey demonstrates that homelessness is a solvable issue,” California Business, Consumer Services and Housing Agency Secretary Lourdes Castro Ramírez wrote in the news release.