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Planning and Building Department, Housing, Community and Economic Development Program, recommending the Board adopt and authorize the Chair to sign a Resolution 180-2020 to:
1) Authorize the submittal of a 2020 Grant Program application to the State of California Department of Community Development for funding under the Senate Bill 2 Permanent Local Housing Allocation Competitive Component to provide up to $1,400,000 as funding for property acquisition required for affordable multifamily residential development; and
2) If awarded, authorize the Director of the Planning and Building Department, 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: 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 August 31, 2020, for the Non-Entitlement Local Government Competitive Component grant for the Permanent Local Housing Allocation (PLHA) Program.
Funding for this NOFA is provided pursuant to Senate Bill (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. 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...
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