Title
Staff Report for Resolution Authorizing the City Manager to Execute a State Standard Agreement with the California Department of Housing and Community Development for Housing-Related Parks Program Grant in the Amount of $1,376,600
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends that the City Council adopt a resolution to authorize the City Manager, or his designee, to execute a State of California Standard Agreement to secure the $1,376,600 Housing-Related Parks Program Grant that the State of California - Department of Housing and Community Development has awarded to the City.
BACKGROUND
On October 2, 2013, the State of California Department of Housing and Community Development (HCD) released the Notice of Funding Availability for the Housing-Related Parks (Parks) Program grant funds. The Parks Program is funded through Proposition 1C, the Housing Emergency Shelter Trust Fund Act of 2006. A total of $25 million is available for the 2013 funding round.
At its January 6, 2014 Council meeting, the City Council authorized the submission of the City's Parks Program Application to HCD. The City submitted its Application prior to HCD's January 22, 2014 deadline.
The Parks Program is an innovative incentive program designed to reward local governments that approve housing for very low- [50% of Area Median Income (AMI)] and low-income (80% AMI) households between the period of January 1, 2010 through June 30, 2013 and are in compliance with State housing element law with grant funds to create and/or renovate community parks and recreational facilities. Low-income and very-low income housing units that were substantially rehabilitated, converted from market rate to affordable, or preserved with certificates of occupancy were considered in the calculation of total approved housing figures.
HCD has awarded the City a Parks Program Grant in the amount of $1,376,600 based on the creation of 746 low-income and 84 very low-income ...
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