Loading...
HomeMy WebLinkAboutMINUTES - 10061998 - C95 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF COMMISSIONERS FROM: Robert McEwan,Acting Executive Director DATE: October 6,1998 SUBJECT: AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE AGREEMENT WITH THE CITY OF WALNUT CREED.FOR THE USE OF $250,000 OF THE CITY'S COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS IN THE RENTAL REHABILITATION PROGRAM. SPECIFIC REQUEST(S) OMMENDATinN(S)&BA KGROUND AND JU TI ICATI N I. RECOMMENDED ACTION: AUTHORIZE the Executive Director of the Housing Authority of the County of Contra Costa to execute all forms necessary to provide agreement with the City of Walnut Creek for the use of$250,000 of the City's Community Development Block Grant Program(CDBG) funds to rehabilitate privately owned homes to be rented at affordable prices to low-income households for the 1998-99 Fiscal Year. IL FINANCIAL IMPACT: No funds from the Housing Authority of the County of Contra Costa will be expended. Funding comes from the City of Walnut Creek's allocation of CDBG from the Federal Department of Housing and Urban Development. The Rental Rehabilitation Program operated by the Housing Authority will be expanded to serve Walnut Creek's need to rehabilitate affordable rental housing for low- income families. III. REASONS FOR RECOMMENDATIONBACKGROUND There is a demonstrated need for decent affordable rental housing for lower income families countywide. Walnut Creek's CDBG funding allocation for the Rental Rehabilitation Program will leverage private investment to rehabilitate affordable rental housing by providing financial incentives and technical assistance. IV. CONSEQUENCES OF NEGATIVE ACTION: Fewer affordable and decent rental housing units will available to low income families in the City of Walnut Creek. Neglect of deteriorated housing leads to poor environments and a decreased tax base affecting the entire County. CONTINUED ON ATTACHMENT: YES SIGNATURE ' k RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): 1 AM&O-el ACTION OF BOARD ON Clctober 6, 1998 APPROVED AS RECOMMENDED X 4� VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A X UNANIMOUS (ABSENT l } 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 el-a--r i.l 6, i j& PHIL BATCHELOR,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY } ,, ,DEPUTY BO-Rentl