HomeMy WebLinkAboutMINUTES - 08131996 - C56 �L Contra
TO: BOARD OF SUPERVISORS
Costa
FROM: Harvey E. Bragdon � .J County
Director of Community Development C
DATE: August 13, 1996
SUBJECT: CDBG Project Agreement for the Housing Authority Rental
Rehabilitation Program and Request for Transfer of Community
Development Block Grant Funds
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONSRECOMMENDATIONS
( 1) AUTHORIZE the Deputy Director - Redevelopment or his designee to
enter into Community Development Block Grant (CDBG) Project Agreement
96-1-HSG with the Housing Authority of Contra Costa County for the
Rental Housing Rehabilitation Program; and (2 ) AUTHORIZE the Auditor-
Controller to carry forward all unexpended prior year CDBG funds
allocated to the Rental Rehabilitation Program under CDBG Project
Agreement 20-04 ($198, 910 . 65) and 21-05 ( $44.,505 . 63) to CDBG Project
Agreement 96-1-HSG for use in rehabilitating affordable rental housing
in the current program year.
FISCAL IMPACT
None. CDBG funds are provided to the County through the U. S.
Department of Housing and Urban Development.
CONTINUED ON ATTACHMENT: X YES SIGNATURE
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMIYrEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON 13 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
J UNANIMOUS (ABSENT TRUE AND CORRECT COPY OF AN
AYES : NOES: ACTION TAKEN. AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact: Kathleen K. Hamm
335-1257 ATTESTED
cc: County Administrator PHIL IMTCHELOR,' CLERt OF
County Counsel THE BOARD OF SUPERVISORS
Auditor-Controller (N. Garnett) AND COUNTY ADMINISTRATOR
Community Development _
Housing Authority BY , DEPUTY
BACKGROUND/REASONS FOR RECOMMENDATIONS
The purpose of the Rental Rehabilitation Program operated by the
Housing Authority is to maintain and improve the supply of rental
housing affordable to lower-income households ( incomes at/below 80
percent of the area median) in the Urban County. The Urban County
includes all of Contra Costa with the exception of the Cities of
Antioch, Concord, Pittsburg, Richmond, and Walnut Creek. County
CDBG funds are used to administer the program and to provide low
and zero-interest loans to property owners for purposes of
rehabilitating rental units . Since the program's inception in
1984, the Housing Authority has successfully rehabilitated more
than 500 rental housing units affordable to lower-income households
using $3 .4 million in public funds and $2 . 7 million in private
financing. "
Due to an unusually high level of program income during FY 1994/96 ,
the Housing Authority did not request additional FY 1996/97 CDBG
funds for rehabilitation. Instead, the HACCC has proposed to
operate the Rehabilitation Program using the following resources :
FY 1994/95 CDBG funds $198, 910. 65*
FY 1995/96 CDBG funds $ 44,505 . 63*
CDBG Program Income (estimate) $ 5, 000 . 00
Federal Rental Rehabilitation Program Income
(estimate) $180,000 . 00
Housing Authority funds $ 12 ,000 . 00
Owner/investor funds (estimate) $331 ,000 . 00
TOTAL RESOURCES $771,416 . 28
* Unexpended CDBG funds from prior year contracts.
The Housing Authority anticipates that these resources will be
adequate to rehabilitate 50 units of rental housing during FY
1996/97, including 14 units affordable to extremely low income
households ( incomes at/below 30 percent of the area median) , 24
affordable to very-low income households ( incomes at/below 50
percent of area median) , and 12 affordable to low-income households
( incomes at/below 80 percent of area median) .
k14/BOS96-1