Title
Staff Report for Adoption of a City of San Leandro City Council Resolution that Authorizes the City Manager or his designee to Submit an Application for Senate Bill 2 Planning Grants Program Funds for a potential grant of up to $310,000 (to develop objective residential design standards and stimulate high quality residential and mixed use development)
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends the City Council adopt a resolution that authorizes the City Manager or his designee, in this case Planning staff, to apply for Senate Bill 2 Planning Grant funding for a potential grant of up to $310,000 to develop objective residential design standards and stimulate high quality residential and mixed use development.
BACKGROUND
In 2017, Governor Brown signed Senate Bill 2 (SB 2), titled the "Building Homes and Jobs Act," which specifically established a permanent, on-going source of funding dedicated to promoting and facilitating affordable housing development. The source of funding is secured through a real estate transaction fee (exempting the sale of single-family homes), which became effective January 1, 2018, and is projected to generate $200 million annually statewide.
The law prescribes that the revenue collected for the 2018 calendar year be deposited into two funds. Fifty percent of the revenue is to be placed in a fund and made available to local governments for planning grants and 50 percent is to be placed in a fund made available to the California Department of Housing and Community Development (HCD) to assist persons experiencing or at risk of homelessness. The local government share of this revenue is to be dispersed through a grant program administered by HCD. Revenues collected after January 1, 2019 are directed to be used to implement planning policies and more directly to facilitate the production of affordable housing throughout California.
SB 2 Planning Grants Program:
On March 28, 2019, HCD released a Notice of Funding Av...
Click here for full text