REPORT TO THE CITY COUNCIL
FROM: JENNIFER CLARK, Director
Planning and Development Department
PHILIP SKEI, Assistant Director
Planning and Development Department
BY: JENNIFER DAVIS, Sr. Management Analyst
Housing Finance Division
SUBJECT
Title
***RESOLUTION - Authorizing application for and acceptance of funding from the Permanent Local Housing Allocation (PLHA) Program of the California Housing and Community Development Department for the development of Affordable multifamily and single-family housing, owner-occupied home rehabilitation, and down payment assistance to benefit Low- and Moderate-Income persons, and authorizing the City Manager, or designee, to sign all necessary implementing documents. (Subject to Mayor's Veto)
Body
RECOMMENDATION
Staff recommends the City Council approve the resolution authorizing submission of an application for and acceptance of funding from the Permanent Local Housing Allocation (PLHA) Program and authorizing the City Manager, or designee, to sign all necessary implementing documents as approved as to form by the City Attorney's Office.
EXECUTIVE SUMMARY
The City of Fresno (City) is eligible for a fourth round of PLHA (CY 2022) funding in an amount of $2,921,311 to be used for the development of Affordable multifamily and single-family housing, owner-occupied home rehabilitation, and down payment assistance to benefit Low- and Moderate-Income persons. The California Housing and Community Development Department (HCD) requires all eligible and formally awarded applicants to submit a streamlined application for a fourth round of PLHA funding. By submitting the streamlined application, the City will receive the CY 2022 entitlement of funds.
BACKGROUND
On December 29, 2023, the California Housing and Community Development Department (HCD) announced the PLHA Program's Local Government Formula Component Notice of Funding Availability (2023 NOFA). Funding for the 2023 NOFA is provided pursuant ...
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