To: Board of Supervisors
From: John Kopchik, Director, Conservation and Development
Report Title: Substantial Amendment to the FY 2021/22 Action Plan - HOME Funds
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE a Substantial Amendment to the County's FY 2021/22 HOME Investment Partnerships Program Action Plan, to award $4,247,500 in HOME Investment Partnership Program (HOME) funds to Mayfair Affordable Housing, a 69-unit affordable multifamily rental housing project located at 11690 San Pablo Avenue, El Cerrito.
FISCAL IMPACT:
There is no fiscal impact to the County General Fund. HOME funds are federal funds provided to the County on a formula allocation basis through the U.S. Department of Housing and Urban Development.
Catalog of Federal Domestic Assistance #14.239
BACKGROUND:
Annually, the County receives an allocation of HOME funds from the United States Department of Housing and Urban Development (HUD). The HOME program aims to expand the supply of decent, safe, sanitary, and affordable housing for very low and low-income households. HUD allocates HOME funds to eligible participating jurisdictions and HOME consortia on a formula basis. HOME funds received by the County may be spent anywhere in the County, including all 19 cities. DCD is responsible for administrating and managing the HOME program. A condition of administering the HOME program is ensuring the timely use of funds.
On May 11, 2021, the Board of Supervisors (the "Board") approved the Contra Costa County Annual Action Plan for FY 2021/22 HOME funds (the "Action Plan"). On January 9, 2024, the Board approved the recapture of $5,946,000 in HOME funds from previously awarded FY 2021/22 HOME Action Plan housing projects, which are currently delayed:
1. HOME funding of $2,660,000 to the Legacy Court project, a 43-unit affordable new construction rental project in the City of Richmond. The project has not been successful in securing other f...
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