TITLE
Recommendation to adopt resolution authorizing City Manager to submit a grant application to the California Department of Housing and Community Development, through the Housing Related Parks Program, for the rehabilitation of 14th Street Park and Seaside Park, at an estimated total cost of $321,500. (District 1)
DISCUSSION
On November 7, 2006, California voters passed the Housing and Emergency Trust Fund Act of 2006 (Proposition 1C), to provide low cost housing for needy families, seniors, and military veterans, as well as shelters for battered women. Subsequent enabling legislation authorized $200 million in Proposition 1C grant funding for the Housing Related Parks Program (HRP Program), which is administered by the California Department of Housing and Community Development (HCD). The HRP Program creates incentives and rewards local governments for building affordable housing with grant money to fund much needed parks in their communities. Grant awards are based on the number of bedrooms in newly constructed ownership and rental housing units that are made affordable to very low-income and low-income households. Applicants may be eligible for bonus funding for units developed as infill projects, for park projects that will serve disadvantaged communities, and for projects that are located within a short walking distance of the housing units that are being counted toward the grant award. Grant funds may be used for the creation, development, or rehabilitation of park and recreation facilities that meet these criteria.
On December 2, 2011, HCD released a Notice of Funding Availability for the HRP Program for its 2011 funding round, which provides grant funds based on the number of lower income housing units that began construction between January 1, 2011 and December 31, 2011.
The Long Beach Housing Development Company provided financial assistance to Meta Housing Corporation for the development of 200 affordable senior apartments at 200 E. Anahei...
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