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HomeMy WebLinkAboutMINUTES - 04102007 - HA.1 • HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA 14,1 TO: BOARD OF COMMISSIONERS FROM: Rudy Tamayo, Executive Director DATE: April 10, 2007 SUBJECT: AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE PROJECT AGREEMENT FOR FUNDS IN THE AMOUNT OF $235,000.00 FROM THE COUNTY OF CONTRA COSTA COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FOR THE RENTAL REHABILITATION PROGRAM SPECIFIC REQUEST (S) OR RECOMMENDATION (S) & BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: AUTHORIZE the Executive Director of the Housing Authority to execute an agreement with the County of Contra Costa for the use of the County's 2006-07 Community Development Block Grant (CDBG) program funds to continue the operation of the County's Rental Rehabilitation Program in the amount of$235,000. II. FINANCIAL IMPACT: The County has awarded $235,000 of CDBG funds to the Housing Authority to administer the County's Rental Rehabilitation Program. There is no cost to the County's general fund. III. REASONS FOR RECOMMENDATION/BACKGROUND There is a demonstrated need for decent, affordable rental housing for lower-income families countywide. This CDBG funding allocation for the Rental Rehabilitation Program has leveraged private investment to rehabilitate affordable rental housing by providing financial incentives and technical assistance. To date the program has committed over$4.8 million in public funds to leverage more than $4.4 million in private funds, for the provision of more than a total of$9 million dollars in completed rehabilitation work on more than 750 units of affordable housing. It is estimated that continued CDBG funding would provide another 30 or more affordable units for approximately 75 low-income persons/or families. CONTINUED ON ATTACHMENT: X YES SIGNATU OmE, ,, Ru Tave Dire RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON r �nf APPROVED AS RECOMMENDED Y O&R VOTE OF COMMISSIONERS 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 COMMISSIONERS ON THE DATE SHOWN. ATTESTED /n - �D/7 JOHN CULL N,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY piOWL- ,DEPUTY H:\JudyHayes\MSOFFICE\WINWORD\BOARD\BO-CDBG CCC Execute Agreement.doc Ilp" IV. CONSEQUENCES OF NEGATIVE ACTION: The grant is necessary to cover program administration and leverage privately supplied rehabilitation funds. Without continued funding the program could not continue to provide assistance to Landlord's in rehabilitating affordable rental housing units throughout the County. Should the Board of Commissioners elect not to authorize the Executive Director to execute the project agreement, fewer affordable and decent rental-housing units will be available to lower-income families in the County. The neglect of deteriorated rental housing units leads to neighborhood blight, which affects the entire County. H:UudyHayes\MSOFFICE\WINWORD\BOARD\BO-CDBG CCC Execute Agreement.doc