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Planning and Building Department, Planning Division, Long Range Planning Unit, Housing, Community and Economic Development Programs, recommending the Board adopt and authorize the Chair to sign Resolution 126-2021 to:
1) Authorize the submittal of an amended 2019 HOME Investment Partnerships Program Grant Program Activities allocation application to the California Department of Community Development to provide additional resources up to $983,000 for the County’s ongoing First-Time Homebuyer Loan Program and new Tenant Based Rental Assistance Program; and
2) If awarded, authorize the Planning and Building Department Director, or designee, contingent upon approval by County Counsel and Risk Management, to execute the grant agreement and subsequent amendments thereto that do not affect the dollar amount or the term and to sign other grant-related documents.
FUNDING: Federal HOME Investment Partnership Program Grant Funds.
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DISCUSSION / BACKGROUND
October 31, 2019, the Department issued a 2019 Notice of Funding Availability announcing the availability of funds under the HOME program (the “NOFA”).
On December 19, 2019, the Board of Supervisors adopted Resolution 219-2019 to authorize the Planning and Building Director to submit the HOME program application in response to the 2019 HOME NOFA to support the County’s First Time Homebuyer Program for low income households.
On October 13, 2020, the California Department of Housing and Community Development awarded the County of El Dorado $983,000 in HOME funds to continue its County’s First Time Homebuyer Program, however the State has not yet issued the 2019 Standard Agreement contract.
In response to the federally declared disaster on March 13, 2020, due to the COVID-19 pandemic, the County of El Dorado wishes to amend its 2019 HOME application to include a Tenant Based Rental Assistance Program in conjunction with the Health and Human Services Agency and El Dorado County Public Housing Authority for a ...
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