HomeMy WebLinkAboutMINUTES - 07252006 - C.58 TO: BOARD OF SUPERVISORS
- Contra
FROM: Dennis M. Barry, AICP Costa
Y m
Community Development Director
County
Coe
DATE: July 25, 2006
SUBJECT: FY 2006/07 Legal Services Contract for CDBG, HOME and HOPWA Programs
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE and AUTHORIZE the Deputy Director,Redevelopment or his designee to execute a contract
with Goldfarb&Lipman in an amount of$70,000 to provide legal services related to affordable housing
and economic development loans made with Community Development Block Grant(CDBG); HOME
Investment Partnership Act (HOME), and Housing Opportunities for Persons with AIDS (HOPWA)
finds for the period July 1, 2006 through June 30, 2007.
FISCAL IMPACT
No General Fund impact. HOME and CDBG funds are provided to the County on a formula allocation
basis through the U.S.Department of Housing and Urban Development(HUD).Funding of$70,000 will
come from administrative funds currently allocated to each program (approximately $30,000 from
CDBG and $40,000 from HOME).
CONTINUED ON ATTACHMENT: X YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATO _ ECOM DATION OF BARD
COMMITTEE
✓APPROVE OTHER
SIGNATURE(S):
ACTION OF BO ON uas 2w APPROVED AS RECOMMENDED�_OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
Y UNANIMOUS (ABSENT ► \Ore ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTEREWON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact: Kara Douglas (925) 335-7223 ATTESTED_
Orig/cc: Community Development Dept. JOHNCOULLEN, CLERK OF
cc: County Administrator THE BOARD OF SUPERVISORS
County Counsel AND COUNTY ADMINISTRATOR
Goldfarb & Lipman via CDD ��^^
BY �`---� , DEPUTY
BACKGROUND/REASONS FOR RECOMMENDATIONS
Contra Costa County receives an allocation of approximately$5 million in federal CDBG, HOME and
HOPWA funds for use in developing housing affordable to lower income households in the County.
These funds are typically provided to affordable housing developers in the form of a subsidized loan.
The County's funds are secured against the property by a deed of trust and specific affordability and use
restrictions are incorporated into a loan and regulatory agreement between the County and project
developer. In addition to housing, approximately $500,000 in CDBG funds is allocated on an annual
basis to economic development projects designed to create jobs for low-income persons.These funds are
also typically secured against the project property through a deed and loan agreement. The law firm of
Goldfarb and Lipman has previously provided the County with legal assistance in negotiating loan terms
and drafting the required legal documents for CDBG and HOME projects.The proposed contract would
be a continuation of this relationship.
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