Title
Hearing to consider adoption of Resolution approving submittal of a HOME Investment Partnerships Program Grant Application to the California Department of Housing and Community Development on behalf of Mercy Housing California for funding in an amount up to $5,100,000 for the development of a 55-unit affordable work force housing project; and authorizing the Director of Human Services, or successor, to sign the Applicant Certification and Commitment of Responsibility and other application documents and, if awarded, to execute the subsequent grant agreement and any amendments thereto that do not affect the dollar amount or the term, contingent upon approval by County Counsel and Risk Management, and other grant-related documents.
FUNDING: Federal HOME Grant Funds.
Resolution 185-2009
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Fiscal Impact/Change to Net County Cost:
There is no cost associated with the application process, other than the staff time to complete the grant application. No County match is required for funding resulting from this application, if awarded.
Background:
Since 1998 the County has received two HOME Investment Partnerships grants to develop affordable housing projects in the unincorporated area of the County. Diamond Sunrise II, completed in 2002, is located in Diamond Springs and provides sixteen (16) units of affordable Senior Housing. The White Rock Village Apartments project, located in El Dorado Hills, was completed in 2005 and provides 168 units of affordable workforce housing.
In addition to projects funded by the HOME Program, the County administers an Owner-Occupied Rehabilitation Program and a First-Time Homebuyer Loan Program, which were initially funded in 2004 and 2009 respectively. Under the initial Owner-Occupied Rehabilitation grant, approved by Board of Supervisors in Resolution #329-2004, loans were provided to eight (8) low income households, including six (6) with disabled family members, to make health and safety repairs to their homes. Hu...
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