TO: Board of Supervisors
FROM: Executive Office
MEETING DATE: September 22, 2020
DEPARTMENT CONTACT:
Carmel J. Angelo
PHONE:
463-4441
DEPARTMENT CONTACT:
Darcie Antle
PHONE:
463-4441
ITEM TYPE: Consent Agenda
TIME ALLOCATED FOR ITEM: N/A
AGENDA TITLE:
title
Adoption of Resolution Authorizing Application to the Homekey Program (Administered by the California Department of Housing and Community Development (HCD))
End
RECOMMENDED ACTION/MOTION:
recommendation
Adopt Resolution authorizing application to the Homekey Program (administered by the California Department of Housing and Community Development (HCD)); and authorize Chair to sign same.
End
PREVIOUS BOARD/BOARD COMMITTEE ACTIONS:
The Board received a report from staff and provided direction to staff at the August 4, 2020 meeting.
SUMMARY OF REQUEST:
Administered by the California Department of Housing and Community Development (HCD), $600 million in grant funding will be made available to local public entities, including cities, counties, or other local public entities, including housing authorities or federally recognized tribal governments within California to purchase and rehabilitate housing, including hotels, motels, vacant apartment buildings, and other buildings and convert them into interim or permanent, long-term housing.
Of the $600 million in Homekey grant funds, $550 million is derived from the State's direct allocation of the federal Coronavirus Aid Relief Funds (CRF), and $50 million is derived from the State's General Fund.
The $550 million in CRF must be expended by December 30, 2020. This expenditure deadline is challenging; however, the deadline is a requirement of federal CRF funding. The $50 million in State General Funds must be expended by June 30, 2022.
Funds can be used to acquire, rehabilitate, and operate hotels, motels, or other types of innovative solutions to provide safe, stable, housing to people experiencing homelessness. After acquisiti...
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