To: Board of Supervisors
From: John Kopchik, Director, Conservation and Development
Report Title: Approve FY 2024/25 Recommendations to Award Measure X Housing Fund and Permanent Local Housing Allocation Funds
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE the Department of Conservation and Development's FY 2024/25 recommendations for the allocation of $11,702,500 in Measure X Housing Funds and $3,526,423 in Permanent Local Housing Allocation (PLHA) funds, as recommended by the Department of Conservation and Development Director.
FISCAL IMPACT:
There is no General Fund impact. Measure X funds are part of a countywide, 20-year 1/2 cent sales tax approved by Contra Costa County voters on November 20, 2020. The County has already been awarded the PLHA funding, which will cover the cost of funding these recommendations and the County's administrative costs up to 5% of the total grant.
BACKGROUND:
Measure X
Measure X is a countywide 20-year 1/2 cent sales tax approved by Contra Costa County voters on November 3, 2020. The ballot measure language stated the intent of Measure X is "to keep Contra Costa's regional hospital open and staffed; fund community health centers, provide timely fire and emergency response; support crucial safety-net services; invest in early childhood services; protect vulnerable populations; and for other essential County services."
On November 16, 2021, the County Board of Supervisors approved the allocation of Measure X funding to establish a new funding source for housing-related activities, now termed the Measure X Housing Fund (MX Housing Fund). Eligible projects under the MX Housing Fund for project funds to be distributed through the Affordable Housing Program include:
* Affordable housing for populations earning up to 80 percent Area Median Income (AMI), focusing on 50 percent AMI and below.
* Acquisition, pre-development, construction, rehabilitation, and operating reserve f...
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