To: Board of Supervisors
From: Planning and Building Services
Meeting Date: June 21, 2016
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Department Contact: |
Steve Dunnicliff |
Phone: |
234-6650 |
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Department Contact: |
Jon Moore |
Phone: |
234-6677 |
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Item Type: Noticed Public Hearing |
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Time Allocated for Item: 1 Hour |
Agenda Title:
title
Noticed Public Hearing - Discussion and Possible Adoption of Resolution to Allocate On-hand Community Development Block Grant (CDBG) Program Income and Authorization to Submit Appropriate Documentation to the California Department of Housing and Community Development (HCD) to Implement the Allocation
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Recommended Action/Motion:
recommendation
Adopt Resolution approving a prioritized list of projects to be funded with CDBG Program Income, authorize staff to submit the appropriate documentation to HCD to implement the allocation; and authorize Chair to sign same.
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Previous Board/Board Committee Actions:
On March 27, 2012, the Board of Supervisors authorized the submittal of an application for the 2012 Community Development Block Grant (CDBG) funding to HCD; on January 23, 2013, HCD approved the application. On March 17, 2015, the Board approved the County’s Program Income Reuse Agreement. On June 16, 2015, the Board expressed interest in providing funding to the Sun House project, and on September 22, 2015, allocated CDBG Program Income funding to the Sun House project. On November 3, 2015, the Board approved Resolution 15-162 allocating/reallocating 2012 CDBG funding and on-hand program income.
Summary of Request:
Recent HCD rule changes, relative to CDBG Program Income, requires jurisdictions to either place the program income in a revolving loan fund (limited to housing or business assistance) or allocate the program income to eligible activities. Absent either of these actions, the program income must be used to fund existing CDBG activities in lieu of program draws. The current CDBG Program Income is derived from amortized business loan payments from loans made in 2010 (20 year notes) that are approximately $120,000 per year. This value is subject to change based on program expenses or the receipt of additional Program Income. Staff conducted a public meeting soliciting input on needs within the community to be addressed with available funding. Seven (7) projects were identified with a combined value over $638,680. In addition, the Board has expressed an interest in using CDBG funding for roadway improvements. An alternative would be to authorize the creation of a Housing Assistance Revolving Loan Fund to deposit current and future amortized CDBG loan payments. Staff performed a preliminary eligibility review of all of the project submittals. The list of projects for the Board’s consideration is attached and is in no particular order. A Board prioritized list of approved projects, in the appropriate form, will be submitted to HCD for review and approval. Once approved by HCD, the County will fulfill HCD administrative requirements and implement the eligible activities.
Alternative Action/Motion:
Direct Planning and Building Services to explore other options.
Supplemental Information Available Online at: N/A
Fiscal Impact:
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Source of Funding: CDBG Program |
Budgeted in Current F/Y: Yes |
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Current F/Y Cost: $120,000 |
Annual Recurring Cost: $120,000 |
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Supervisorial District: All |
Vote Requirement: Majority |
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Agreement/Resolution/Ordinance Approved by County Counsel: Yes
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CEO Liaison: Christopher Shaver, Deputy CEO |
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CEO Review: Yes |
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Comments: