DATE: December 19, 2024
TO: Housing Policy & Resource Committee
FROM: Assistant City Manager
SUBJECT
Homekey+ Request for Information: Discussion of Project Feasibility
RECOMMENDATION
Recommendation
That the Committee receives an update on the City’s Request for Information to solicit potential projects to submit for a competitive application to the State Department of Housing and Community Development’s (HCD) Homekey+ grant program.
End
SUMMARY
State HCD released a Notice of Funding Availability (NOFA) for the Homekey+ program on November 26, 2024. Prior to releasing the NOFA, they provided summary materials about the new program, which is the permanent supportive housing component of funding of the March 2024 State Proposition 1 Behavioral Health Infrastructure Bond Act. Staff used the summary materials along with learnings from applying to Rounds 2 and 3 of the Homekey program to create a Request for Information (RFI) for eligible, competitive programs for Homekey+ funding. The RFI was released on October 31, 2024, and received no eligible responses.
Given Council and community questions about the feasibility of Hayward submitting an application to Homekey+ for a motel conversion project, staff have invited a developer with experience completing Homekey-funded motel conversions in other jurisdictions to discuss what is required for successful projects. This discussion is intended to highlight potential opportunities and challenges associated with a motel conversion project using Homekey+ funds.
ATTACHMENTS
Attachment I Staff Report