REPORT TO THE CITY COUNCIL
December 15, 2016
FROM: JENNIFER K. CLARK, Director
Development and Resource Management Department
THROUGH: KELLI FURTADO, Assistant Director
Development and Resource Management Department
BY: CORRINA NUNEZ, Project Manager
Housing and Community Development Division, DARM
SUBJECT
Title
Actions pertaining to the HOME Investment Partnerships, Community Housing Development Organization Agreement with Habitat for Humanity for the B Street and Amador Street Single-Family Housing Project:
1. RESOLUTION - For Substantial Amendment No. 2017-001 to the fiscal year 2016-2017 Annual Action Plan authorizing a $580,263 HOME Investment Partnerships, Community Housing Development Organization Agreement; and
2. Approve a $580,263 HOME Investment Partnerships, Community Housing Development Organization Agreement
Body
RECOMMENDATION
Staff recommends the City Council: 1) Adopt a Resolution for Substantial Amendment No. 2017-001(Exhibit "A") to the fiscal year 2016-2017 Annual Action Plan authorizing a $580,263 HOME Investment Partnerships (HOME), Community Housing Development Organization (CHDO) Program Agreement with Habitat for Humanity (Habitat) for the B Street and Amador Street Single-Family Housing Project (Exhibit "B"), and 2) authorize the City Manager to sign all implementing documents required by the United Stated Department of Housing and Urban Development (HUD).
EXECUTIVE SUMMARY
The B and Amador Street Single-Family Housing project was not included in the adopted 2016-2017 Annual Action Plan. Therefore, staff recommended an amendment to the Annual Action Plan through a substantial amendment to include Habitat's B Street and Amador Street Project and HOME CHDO Agreement in the amount of $580,263, initially estimated at $600,000.
BACKGROUND
As a recipient of federal entitlement program funds from HUD, the City is required to provide a portion of its annual allocation of HOME Program funds for a CHDO project. A...
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