Fresno secures $32M Homekey+ grant for Valley Inn conversion

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The City of Fresno has secured $32 million in California Homekey+ funding to convert the Valley Inn motel on Parkway Drive into 84 units of permanent supportive housing, expanding affordable housing while advancing the corridor’s long-term redevelopment.

In partnership with Parkway Prime LLC, the city will convert the existing 106-unit interim housing site into 84 permanent supportive apartments while expanding the property’s footprint. Plans include upgraded laundry facilities, community space, case management offices and kitchenettes in every unit.

Accessibility improvements will include a modernized elevator and ADA-compliant units and common areas. Nine apartments will be reserved for veterans.

Mayor Jerry Dyer said the project will expand affordable housing while helping residents remain in the community.

“Projects like this one are helping expand affordable housing in our city, but more importantly are preventing displacement by giving people an opportunity to prosper in their own community,” Dyer said. “By investing in this part of our city, we are continuing to change the trajectory of that area and giving people the services they need for a new beginning.”

The award, announced by Gov. Gavin Newsom on July 23, continues a series of Homekey+ investments in Fresno County.

In May, Fresno County received $28 million through the program for Sendero Commons, an 88-unit affordable housing development planned in Sanger, including 45 units reserved for veterans.
In June the city of Fresno along with Fresno Housing celebrated the groundbreaking of Davu Village, a 62-unit affordable housing development on Parkway Drive that will provide housing for individuals transitioning out of or at risk of homelessness.

Combined with recent Homekey+ investments in Sanger and south Fresno, the award brings more than $60 million in recent state funding to projects expanding permanent supportive housing and continuing the redevelopment of the Parkway Drive corridor, an area long affected by blight, crime and homelessness.