REPORT TO THE CITY COUNCIL
FROM: JENNIFER CLARK, Director
Planning and Development Department
PHILIP SKEI, Assistant Director
Planning and Development Department
BY: JENNIFER DAVIS, Senior Management Analyst
Housing Finance Division
SUBJECT
Title
***RESOLUTION - Repealing Resolution Number 2024-052 and authorizing submission of an application for and acceptance of funding from the California Department of Housing and Community Development Prohousing Incentive Program (PIP) Round 2 and authorizing the City Manager or designee to sign and submit the application and all necessary implementing documents. (Subject to Mayor's Veto)
Body
RECOMMENDATION
Staff recommends the City Council approve the revised resolution authorizing and directing the City Manager, or designee, to sign and submit an application for and acceptance of funding from the California Department of Housing and Community Development Prohousing Incentive Program (PIP) Round 2, and authorizing the City Manager, or designee, to sign all necessary implementing documents approved as to form by the City Attorney's Office, allowing the City to receive up to $1,500,000 for the City of Fresno's Local Housing Trust Fund.
EXECUTIVE SUMMARY
The City Council adopted Resolution Number 2024-052 on March 7, 2024, authorizing the City as the applicant to submit an application to the California Department of Housing and Community Development (HCD) Prohousing Incentive Program (PIP) Round 2 Notice of Funding Availability (NOFA) issued on January 23, 2024 (Application).
On March 13, 2024, staff submitted the Application for funding to HCD and has since received notification that authorizing Resolution Number 2024-052 needs to be revised to include that the City Manager, or designee, is authorized to sign and submit the Application on behalf of the City. By submitting the revised resolution to HCD, the City's Application will be reviewed for PIP Round 2 funding up to $1,500,000 ...
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