DATE: June 20, 2023
TO: Mayor and City Council
FROM: City Manager
SUBJECT:
Adopt a Resolution Authorizing a Joint Application to and Participation in the State Homekey Program for the Project Reclamation Scattered Site Program in a Total Not-to-Exceed Amount of $10 Million, for which the California Environmental Quality Act Does Not Apply
RECOMMENDATION
That the City Council adopts a resolution (Attachment II) authorizing the City of Hayward’s joint application to and participation with Bay Area Community Services (BACS), the City of Livermore, the City of Union City, and the City of Piedmont to the California Department of Housing and Community Development (HCD) for Homekey funding for the Project Reclamation Regional Scattered Site Program in a total not-to-exceed amount of $10 million.
SUMMARY
On March 29, 2023, HCD announced approximately $736 million in available Homekey Round 3 funds. In addition, HCD announced it would set aside $40 million of its Discretionary Reserve to support up to four $10 million awards to single-family home scattered site projects. Scattered site applicants can apply for a conditional award, receiving funding upon condition that they will have site control within 60 days of the conditional award and meet other threshold requirements within 90 days of the conditional award. The application deadline for projects funded by the Discretionary Reserve is June 30, 2023.
Staff recommends that Council adopts a resolution authorizing the City’s joint application to and participation in Round 3 of Homekey to secure up to $10 million in funding for Project Reclamation, alongside BACS and the City’s regional partners.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution