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Planning and Building Department, Planning Division, Long Range Planning, Housing Unit, recommending the Board:
1) Adopt and authorize the Chair to sign Resolution 084-2024 for the submittal of a 2024 Permanent Local Housing Allocation Program Competitive Component application to the State of California Department of Housing and Community Development to provide up to $5,000,000 as funding for Multi-family Rental Projects;
2) Delegate authority to the Director of the Planning and Building Department, 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 and to sign other grant-related documents; and
3) Direct Staff to create a new Special Revenue Fund for depositing $250,000 for administrative costs related to monitoring grant compliance.
FUNDING: State Senate Bill 2 (Chapter 364, Statutes of 2017) Permanent Local Housing Allocation Program Competitive Component from the Building Homes and Jobs Trust Fund.
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DISCUSSION / BACKGROUND
The State of California Department of Housing and Community Development (the “Department”) issued a Notice of Funding Availability (“NOFA”) dated March 6, 2024, for the Permanent Local Housing Allocation (cPLHA) Program Competitive Component.
Funding for this NOFA is provided pursuant to Senate Bill 2 (SB 2) (Chapter 364, Statutes of 2017). SB 2 established the Fund and authorizes the Department to allocate 70 percent of moneys collected and deposited in the Fund, beginning in calendar year 2019, to Local Governments for eligible housing and homelessness activities up to $12,500,000. The intent of the bill is to provide a permanent, on-going source of funding to Local Governments for housing-related projects and programs that assist in addressing the unmet housing needs of their local communities. The Non-Entitlement competitive grant program component prioritizes assistance to persons experiencing or at ris...
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