REPORT TO THE CITY COUNCIL
FROM: JENNIFER K. CLARK, AICP, Director
Planning and Development Department
PHILIP SKEI, Assistant Director
Planning and Development Department
BY: JENNIFER DAVIS, Senior Management Analyst
Planning and Development Department
SUBJECT
Title
Approve the First Amendment to a Memorandum of Understanding between the City of Fresno and Fresno Mission Communities, Inc., a California nonprofit public benefit corporation, establishing additional terms and conditions for the Project, including the contract term's expiration date of July 11, 2029, the procedures for the payment of the Homekey 3 Operating Award in the amount of $1,087,605 (COSR), and a revised project schedule
Body
RECOMMENDATION
Staff recommends the City Council approve the First Amendment to a Memorandum of Understanding between the City of Fresno and Fresno Mission Communities, Inc., establishing additional terms and conditions for the Project's contract term, the payment of Homekey COSR, and a revised project schedule.
EXECUTIVE SUMMARY
On April 20, 2023, the City Council authorized a joint application with Fresno Mission Communities, Inc. to the California Department of Housing and Community Development (HCD) for the Homekey 3 Program. The purpose of the Homekey 3 application was to rehabilitate and operate the City Studios Project located at 3876 North Blackstone Avenue (APN 436-260-22), converting a 44-room motel into 34 permanent affordable housing units for individuals and youth experiencing or at risk of homelessness. Upon construction completion, Fresno Mission Communities will act as the owner, operator, and service provider for the Project.
The Project was awarded Homekey 3 Program Funds in the amount of $9,598,131 on February 14, 2024. The City and Fresno Mission Communities, Inc. entered into a Memorandum of Understanding on March 29, 2024, establishing terms, conditions, roles, and responsibilities between the Parties as it re...
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