HomeMy WebLinkAboutMINUTES - 07281998 - C125 _.. ......... _...._. ... ._. _.. ..._ ...... . ....... _..... ........ ........ ..........
�L Contra
Costa
TO: BOARD OF SUPERVISORS
• County
Community
FROM: Dennis M. Barry, AICP w
Community Development Director
DATE: July 21, 1998
SUBJECT: HOME Project Agreement for Community Housing Development Corporation
of North Richmond
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND ANIS JUSTIFICATION
RECOMMENDATIONS
AUTHORIZE the Deputy Director, Redevelopment, or his designee to
execute HOME Investment Partnership Act (HOME) Project Agreement 98-04
to provide $35,000 in HOME funds for operating support to Community
Housing Development Corporation of North Richmond (CHDC) .
FISCAL IMPACT
No General Funds are involved. Funds for thisproject will come from
FY 1998/99 HOME funds provided to the Contra Costa Consortium through
the U.S . Department of Housing and Urban Development .
BACKGROUND/REASONS FOR RECOMMENDATIONS
On April 28, 1998, the Board of Supervisors approved the allocation
of $35,000 in FY 1997/98 Contra Costa Consortium HOME funds to provide
CONTINUED ON ATTACHMENT: X YES SIGNATURE:
(RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAT,I "OF BOAR•b COMMITT
APPROVE OTHER
}
f
SIGNATURE(S) :
ACTION OF BOARD ON July 28 , 1998 APPROVED AS RECOMMENDED X OTHER
VOTE OF SUPERVISORS
I HEREBY CER'T'IFY THAT THIS IS A
X UNANIMOUS (ABSENT IZ� IV ) 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 �4 Z 19 9�-,
335-1257 ATTESTED
cc: County Administrator _PHA BXTCHELOR, CLERK OF
County Counsel THE BOARD OF SUPERVISORS
Auditor--Controller AND COU74,z—,
NISTRATOR
Community Development
CHDC via Comm. Developmt. BY DEPUTY
operating support to CHDC. The purpose of this project is to
further develop local nonprofit capacity to create affordable
housing in North Richmond and the surrounding area. CHDC has been
designated as a Community Housing Development Organization (CHDO)
in accordance with federal regulations governing the HOME Program
and is, therefore, eligible to receive operating support through
HOME.
CHDC will utilize the $35,000 in HOME funds to pay for staff and
other operating costs incurred in connection with implementation of
currently approved Contra Costa HOME-assisted projects sponsored by
CHDC, including the following;
0 Parkway Estates - new construction of 87 single-family homes,
including a minimum of 36 units to be affordable to and
occupied by low-income first-time homebuyers ( $268,000 in HOME
funds) ; and
0 North Richmond Senior Housing Project - new construction of 50
units of multifamily rental housing affordable to and occupied
by very-low and low-income senior households ( $627,000 in HOME
funds) .
Consortium funds are provided contingent on continued funding
support from the County Redevelopment Agency and the City of
Richmond, continued progress in implementing the Parkway and North
Richmond Senior Housing projects, and CHDC' s continued eligibility
as a CHDO.
HOME funds have previously been awarded to CHDC for CHDO operating
support, including $32,000 in FY 1993, $30,000 in FY 1994, $50,000
in FY 1995, and $35,000 in FY 1997 .
k17/BSHM98-4