HomeMy WebLinkAboutMINUTES - 11091993 - 1.46 Contra
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TO: BOARD OF SUPERVISORS - Coin
J
FROM: Harvey E . Bragdon
Director of Community Development
DATE: November 16, 1993
SUBJECT: Allocation of Additional CDBG Housing Development Assistance Funds to
the San Pablo Owner-Occupied Housing Rehabilitation Program
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
( 1) APPROVE an additional allocation of $60, 000 in FY 1993/94
Community Development Block Grant (CDBG) Housing Development
Assistance Funds to the City of San Pablo Housing Rehabilitation
Program; and (2) AUTHORIZE the Deputy Director, Redevelopment or his
designee to increase the spending limit in CDBG Project Agreement 19-9
by this amount.
FISCAL IMPACT
No General Funds are involved. Funds for this project will come from
the FY 1993/94 CDBG Housing Development Assistance Fund approved by
the Board .of Supervisors on February 23, 1994 . CDBG funds are
provided to the County through the U.S. Department of Housing and
Urban Development.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAT OF BO RD COMMIT E
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON 1993 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
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
SUPERVISORS ON THE DATE SHOWN.
Contact: Kathleen Hamm
646-4208 ATTESTED NOV 91993
cc: County Administrator PHIL BATCHELOR, CLERK OF
County Counsel THE BOARD OF SUPERVISORS
Auditor-Controller (N. Garnett) AND COUNTY ADMINISTRATOR
Community Development
City of San Pablo BY DEPUTY
File D1 . 11(e) ( 19 . 9)
BACKGROUND/REASONS FOR RECOMMENDATIONS
On February 23, 1993, the Board of Supervisors approved the
allocation of $644,700 in FY 1993/94 CDBG funds to the Housing
Development Assistance Fund (HDAF) for use in funding affordable
housing projects as they develop throughout the program year. The
current balance in the HDAF is $444,700 .
During the regular FY 1993/94 CDBG funding cycle, the City of San
Pablo was awarded $180,000 in CDBG funds to be used in combination
with an estimated $48,500 in CDBG program income and carryover
funds, and $65,448 in City resources, for a total annual Housing
Rehabilitation and Neighborhood Preservation Program budget of
$293, 948 . As specified in the Project Agreement, CDBG funds were
to be used for the provision of 10 to 15 low-interest, deferred
loans for the rehabilitation of housing owned and occupied by low
and moderate income households residing in the City of San Pablo.
In addition to rehabilitation loans, the City also uses CDBG funds
to provide emergency repair grants, paint rebates, and dump
vouchers, and pay loan settlement costs and temporary relocation
assistance. Staff and administrative costs for this program are
paid out of City resources .
In October of 1993, the City of San Pablo requested an additional
$180, 000 from the CDBG Housing Development Assistance Fund for use
in supporting additional rehabilitation loans (vote: six yes, two
abstentions, one no) . The City based its request on an increased
staffing commitment to the program and loan production to date. As
of October 15, 1993, the City had successfully obligated $145,250
in CDBG funds for 10 rehabilitation loans for qualified lower
income households, leaving approximately $63,300 for additional
loans in the remaining five months of the program year.
The City' s request was reviewed by the Housing and Community
Development Advisory Committee (HCDAC) on October 27, 1993 . At
this meeting, the HCDAC voted to recommend that the City of San
Pablo receive an allocation of $60,000 from the FY 1993/94 HDAF for
use in funding additional rehabilitation loans for lower income
homeowners . The Committee' s recommendation was based on the
following rationale. While allocations made to the County-
supported rehabilitation programs are to be regarded as an annual
allocation, the current level of funding in the HDAF is adequate to
provide some additional support for the City' s rehabilitation
program. The proposed additional allocation of $60,000 will
provide the City with $123, 300 in total available loan funds for
the remaining five months of the program, year. Based on average
loan production during the first seven months, this will permit the
City to make an additional eight to 10 loans, thus maintaining the
loan production experienced to date. The additional $60, 000 will
result in a total FY 1993/94 CDBG/HDAF allocation to the San Pablo
Rehabilitation Program of $240,000.
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