To: Board of Supervisors
From: John Kopchik, Director, Conservation and Development
Report Title: APPROVE Modifications to Contingencies related to an award of Measure X and PLHA Funds for the Choice in Aging Senior Housing Project in Pleasant Hill
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE modifications to contingencies related to an award of FY 2022/23 Permanent Local Housing Allocation (PLHA) funds and FY 2024/25 Measure X funds for the Choice in Aging Senior Housing Project located at 490 Golf Club Road in Pleasant Hill, as recommended by the Conservation and Development Director.
FISCAL IMPACT:
No General Fund Impact. PLHA funds are provided to the County as a grant on a formula application basis through the State's Department of Housing and Community Development. Measure X Housing funds are part of the County General fund and derive from a countywide, 20-year, 1/2 cent sales tax approved by Contra Costa County voters on November 3, 2020.
BACKGROUND:
On June 7, 2022, the Board of Supervisors (Board) awarded Satellite Affordable Housing Associates (SAHA) $1,000,000 in Fiscal Year 2022/2023 Permanent Local Housing Allocation (PLHA) funds for the Choice in Aging Senior Housing project located at 490 Golf Club Road in Pleasant Hill, CA. The project is for the new construction of 82 units, including one manager's unit, of permanent supportive housing for seniors 62 years of age and over. The project will include set-aside units for homeless veterans and chronically homeless veterans and will provide onsite supportive services for tenants.
The allocation of FY 2022/2024 PLHA funds was contingent upon the following:
1. PLHA funds committed, as evidenced by an executed loan, by August 31, 2024.
2. Confirmation that the project's financials are in compliance with the County's Affordable Housing Program Guidelines.
State regulations require timely commitment and expenditure of PLHA funds and project...
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