Title
Recommendation to Authorize the Interim City Manager to Reallocate Fiscal Year 2022-23 HOME Investment Partnerships Program Funds and Execute a Grant and Regulatory Agreement with the Alameda Affordable Housing Corporation (AAHC), Known as the Alameda Housing Authority, for Rehabilitation at China Clipper in the Amount Not-to-Exceed $300,000.
In accordance with the California Environmental Quality Act (CEQA), this action is categorically exempt from further environmental review pursuant to CEQA Guidelines Sections 15194 (Affordable Housing) and 15301 (Existing Facilities). (Housing and Human Services 201)
Body
To: Honorable Mayor and Members of the City Council
From: Adam W. Politzer, Interim City Manager
EXECUTIVE SUMMARY
The City of Alameda (City) receives HOME Investment Partnerships (HOME) funds through its participation in the Alameda County HOME Consortium (Consortium). Alameda County Housing and Community Development (ACHCD) is the lead agency for the Consortium and awards jurisdictions HOME funds for eligible projects on an annual basis. In Fiscal Year (FY) 2022-23, the City received an award of $359,293.13. In addition, the City received a one-time allocation of HOME American Rescue Program (HOME ARP) funds for the Dignity Village project.
On June 7, 2022, City Council conditionally approved FY 2022-23 HOME funds for 1245 McKay Avenue Senior Housing development and 500 Mosley Avenue Permanent Supportive Housing development. Of the $359,293.13, $2,770.96 has been expended leaving the current balance at $356,522.17. The remaining HOME funds from FY 2022-23 are set to expire on June 30, 2026. Staff proposes to reallocate up to $300,000 in FY 2022-23 HOME funds to rehabilitate the China Clipper facility which would help maintain and preserve existing affordable housing.
BACKGROUND
Title II of the Cranston-Gonzales National Affordable Housing Act (NAHA) of 1990 created the HOME program. The HOME program provides financing for a wide range of ...
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