HomeMy WebLinkAboutMINUTES - 10171995 - C62 Contra
�i Costa
TO: BOARD OF SUPERVISORS
County,
�
FROM: Harvey E. Bragdon
Director of Community Development
DATE : October 17, 1995
SUBJECT: Community Development Block Grant (CDBG) Project Agreement and Loan
Documents for Rumrill Gardens Development Project
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION /
RECOMMENDATIONS
APPROVE a change of use for a site previously acquired with 1993/94
CDBG funds to permit a portion of the site to be used for small
business development and a community center.
AUTHORIZE the Deputy Director, Redevelopment, or his designee to
enter into CDBG Project Agreement 21-199,0 with. -Lao Family Community
Development, Inc. (LFCD) for $71, 250 for small business development
for the Rumrill Gardens Development Project; and execute required loan
documents with LFCD for this purpose .
AUTHORIZE. the Deputy Director, Redevelopment, or his designee to
enter into CDBG Project Agreement 21-1991 with LFCD for $78, 750 for
a community center for the Rumrill Gardens Development Project; and
execute required loan documents with LFCD for this purpose .
FISCAL IMPACT
No General Funds are involved. CDBG funds for this project were
provided to the County through the U. S . Department of Housing and
Urban Development .
C_,�. �
CONTINUED ON ATTACHMENT: X YES SIGNATURE : 1=ar+.: HanyE y E. 13a =!%r;A2
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
S I GNATURE (S)
ACTION OF BOARD ON (+ 1`7 )9 q S APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
V/ 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.
Source: Randall Slusher
646-4208
ATTESTEDy A� 17 . Igq,<
Orig. Dept . Community Development PHIL BATCHELO , CLERK OF
cc: County Administrator THE BOARD OF SUPERVISORS
County Counsel AND COUNTY ADMINISTRATOR
Auditor-Controller
LFCD, Inc.
(via Community Development
BY � �� � DEPUTY
October 17, 1995
page 2
BACKGROUND/REASONS FOR RECOMMENDATIONS
On December 1, 1993, the Housing and Community Development Advisory
Committee voted to recommend that the Board of Supervisors approve
a site acquisition allocation of $240, 000 from the Housing
Development Assistance Fund (HDAF) to Lao Family Community
Development, Inc. for the Rumrill Park Affordable Housing Project.
The purpose of the Rumrill Park Affordable Housing Project is to
remove a condition of neighborhood blight and improve - affordable
housing opportunities for very-low and low-income households in
West County. Accompanying the housing project is the phased in
construction of a commercial development for small businesses and
a community center.
The original CDBG allocation to the Rumrill Gardens Project totaled
$240, 000 for site acquisition. Other funding for the Rumrill Park
Affordable Housing Project includes Low Income Housing Tax Credits
(LIHTC) . However, LIHTC' s are being limited to the housing portion
of the project and cannot be applied to the commercial development
and the community center land acquisitions . Therefore, it is
necessary to subdivide the site into the three components, housing,
commercial development and community center, and to apply $150, 000
of the original CDBG funds to the commercial and community center
sites. The commercial site is approximately 150 of the total site
and the community center is approximately 16. 70 of the total site .
These two sites represent 31 . 70 or $150, 000 of the CDBG
allocation.