DATE: February 4, 2020
TO: Mayor and City Council
FROM: Deputy City Manager
SUBJECT
Title
Adopt Resolutions Authorizing the City Manager to Apply as Joint Applicants with EAH Inc for the California State Department of Housing and Community Development (HCD) Infill Infrastructure Grant Program to Support Mission Paradise and Pimentel Place in Amounts Not-to-Exceed $4 Million and $6.5 Million Respectively
End
RECOMMENDATION
Recommendation
That the Council:
1. Adopts a resolution (Attachment II) authorizing the City Manager to apply as a joint applicant with EAH, Inc. for the California State Department of Housing and Community Development (HCD) Infill Infrastructure Grant Program (IIG) in an amount not to exceed $4 million to support the Mission Paradise infill development for 76 senior affordable housing units, and
2. Adopts a resolution (Attachment III) authorizing the City Manager to apply as a joint applicant with EAH, Inc. for HCD IIG in an amount not to exceed $6.5 million to support the Pimentel Place infill development for 57 affordable housing units.
SUMMARY
On October 30, 2019, HCD released the IIG Program Notice of Funding Availability (NOFA), which made available approximately $194 million in funding for qualifying infill projects. City staff and EAH, Inc. have determined that Mission Paradise and Pimentel Place meet the eligibility requirements for the IIG Program and could receive up to $9.5 million in grant money, collectively, to cover eligible project infrastructure costs. A successful application to HCD's IIG Program would provide additional funding needed to develop both projects. Since some of the eligible project costs are in the public right of way, the City must apply to HCD for IIG funds as a joint applicant with EAH, Inc. Staff recommends that the City, as a joint applicant with EAH, Inc., apply for and utilize the funds to cover the costs associated with the infrastructure improvement...
Click here for full text