REPORT TO THE CITY COUNCIL
FROM: JENNIFER CLARK, Director
Planning and Development Department
H. SPEES, Director
Housing and Homeless Initiatives
BY: JILLIAN GAYTAN, Senior Management Analyst
Housing and Community Development Division
SUBJECT
Title
***RESOLUTION - Authorizing joint application to and participation in the HomeKey Program to sustain and rapidly expand housing for youth experiencing homelessness or at risk of homelessness, and who are, thereby, inherently impacted by or at increased risk for medical diseases or conditions due to the COVID-19 pandemic. (Subject to Mayor's Veto).
Body
RECOMMENDATION
Staff recommends Council approve the resolution authorizing joint application with UPholdings California, LLC (UPholdings) to the California Department of Housing and Community Development's (HCD) second round of funding under the HomeKey Program (Homekey 2) for the operational and support services that support sustaining and expanding housing for youth experiencing homelessness.
EXECUTIVE SUMMARY
HCD announced the availability of approximately $1.45 billion through a Homekey Notice of Funding Availability (NOFA), Round 2. UPholdings has proposed to apply jointly with the City as Co-Applicants for up to $30 million in financial assistance for a project to redevelop the former San Joaquin Suites into permanent affordable housing for youth experiencing or at risk of homelessness. If approved, UPholdings will complete the application and administer the grant on behalf of the City.
BACKGROUND
On September 9, 2021, HCD announced the availability of approximately $1.45 billion of funding through its Homekey Program Round 2 (Homekey 2) NOFA. HomeKey 2 builds on the success of both Project Roomkey and the first round of Homekey to continue a statewide effort to rapidly sustain and expand housing for persons experiencing homelessness or at risk of homelessness, and who are, thereby, inherently impacted by or at an increased r...
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