Title
Staff Report to Approve Amendment No.1 to the FY 2010-2011 U.S. Department of Housing and Urban Development (HUD) Annual Action Plan to Re-allocate $100,000 in CDBG Funds Originally Intended for a Proposed Childcare Center by BRIDGE Housing ($10,000 for renovations to the Luella Fuller Home and $90,000 for Continued Implementation of the City's ADA Transition Plan) and Authorizing the City Manager to Execute a Forgivable CDBG Loan Agreement and Related Documents Not to Exceed $10,000 with the Housing Consortium of the East Bay for Renovations to Luella Fuller Home.
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends that the City Council approve the following Amendment No. 1 to the FY 2010-2011 U.S. Department of Housing and Urban Development (HUD) Annual Action Plan:
1. Eliminate the Alameda Childcare Center project and re-allocate the $100,000 in Community Development Block Grant (CDBG funds).
2. Add Housing Consortium of the East Bay ADA Improvement project and allocate $10,000 in CDBG funds for this project.
3. Add ADA Transition Plan and allocate the other $90,000 in CDBG funds for this project.
Staff also recommends that the City Council authorize the City Manager to execute a $10,000 forgivable CDBG loan agreement and related legal documents including a promissory note and deed of trust with the nonprofit Housing Consortium of the East Bay (HCEB) to make needed improvements to Luella Fuller Home and to preserve it as long-term affordable rental housing for persons with developmental disabilities.
BACKGROUND
Under the City's FY 2010-2011 HUD Annual Action Plan, the City originally allocated $100,000 to BRIDGE Housing for a proposed childcare center located within its affordable rental housing development proposal called The Alameda (now known as Marea Alta). As the affordable rental development project (where the childcare center would be on the ground floor) faced major obstacles to funding and construction including negative impacts ...
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