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HomeMy WebLinkAboutMINUTES - 12032002 - HA1 HOUSING AUTHORITY OF TIME COUNTY OF CONTRA COSTA LIA,( TO: BOARD OF COMMISSIONERS FROM: Robert. Mc Ewan, Executive Director DATE: December 0 , 2002 SUBJECT: AUTHORIZE EXECUTIVE DIRECTOR TO SUBMIT APPLICATION FOR FUNDS FROM THE COUNTY OF CONTRA COSTA COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FOR THE RENTAL REHABILITATION PROGRAM SPECIFIC REQUESTS OR RECOMMENDATIONS & BACKGROUND AND JUSTIFICATION I. R C M ENDED ACTION: AUTHORIZE the Executive Director of the Housing Authority of the County of Contra Costa to submit an application for$250,000 in funding from the Federally funded Community Development Block Grant Program (CDBG)for FY 2003-04 to continue operation of the Rental Rehabilitation Program and, to execute all forms necessary in this endeavor as recommended by the Advisory Housing Commission. 11. FINANCIAL IMPACT: Funding comes from the County's allocation of CDBG funds that comes from the Federal Department of Housing and Urban Development. This grant is necessary to cover program administration and leverage privately supplied rehabilitation funds. Without continued funding the program cannot continue to provide rehabilitated affordable rental housing units. Ill. REASONS FOR RECOMMENDATION/BACKGROUND There is a demonstrated need for decent affordable rental housing for lower-income families countywide. A renewed CDBG funding allocation for the Rental Rehabilitation Program will leverage private investment to rehabilitate affordable rental housing by providing financial incentives and technical assistance. To date the program has committed $4,616,488 in public funds to leverage $$4,118,862 in private funds and provide a total of$8,735,351 in completed rehabilitation work on 698 units of affordable housing. It is estimated that continued CDBG funding would provide another 30 or more affordable units for approximately 100 families. IV. CONSEQUENCES OF NEGATIVE ACTION: Fewer affordable and decent rental-housing units will be available to lower-income families in the County. Neglect of deteriorated rental housing units leads to neighborhood blight and decreases the tax base and affects the entire County. CONTINUED ON ATTACHMENT: YES SIGNATURE RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE __OTHER SIGNATURE(S): r�u�r�wwrru�+rrni��.ni m i,i ACTION OF BOARD ON December 3, 2002 APPROVED AS RECOMMENDED OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A V.y UNANIMOUS {ABSENT _ None ) 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 December 3, 2002 JOHN SWEETEN, CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY �1 DEPUTY H:1JudyHayesIMSOFFICEIWINWORD\BOARDXBO-CDBG-HUDI.doc