HomeMy WebLinkAboutMINUTES - 08131996 - C83 3
HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Richard J. Martinez,Executive Director
DATE: August 13, 1996
SUBJECT: CDBG Project Agreement for the Housing Authority Rental Rehabilitation Program and
Community Development Department.
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
I. RECOMMENDED ACTION:
AUTHORIZE the Executive Director of the Housing Authority of the County of Contra Costa to enter into Community
Development Block Grant(CDBG)Project Agreement 96-1-HSG with the Community Development Department of Contra
Costa County for the Rental Housing Rehabilitation Program.
II. FINANCIAL IMPACT:
None. CDBG funds are provided to the County through the U.S.Department of Housing and Urban Development.
III. REASONS FOR RECOMMENDATIONBACKGROUND
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 1995/96,the Housing Authority did not request additional FY
1996/97 CDGB 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
CONTINUED ON ATTACHMENT: x YES SIGNATURE�"/� h,.`
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON August 13 , 1996 APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
COMMISSIONERS ON THE DATE SHOWN.
ATTESTED August 13 , 1996
PHIL BATCHELOR,CLERK OF
THE BOARD OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
BI�A/1414t,DEPUTY
*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 atibelow 30 percent of the area median),
24 affordable to very-low income households(incomes atibelow 50 percent of area median),and 12 affordable to low-income
households(incomes at/below 80 percent of area median).
IV. CONSEQUENCES OF NEGATIVE ACTION:
Should the Board of Commissioners elect not to authorize the Executive Director to enter into the CDBG Project
Agreement with the Community Development Department the Rental Rehabilitation Program would no longer be able to
rehabilitate affordable rental housing.
bo-cdbg