TITLE
Recommendation to adopt resolution to accept and expend grant funding from the California Department of Housing and Community Development (HCD), in an amount not to exceed $45,000,000; and
Authorize City Manager, or designee, to execute all necessary documents, and any necessary subsequent amendments, including amending the terms or award amount, with HCD relating to the grant application and award of grant funds, for acquisition and conversion of a hotel property, and construction of modular non-congregate shelter units for interim housing, for persons experiencing homelessness. (Citywide)
DISCUSSION
On September 9, 2021, the State of California Department of Housing and Community Development (HCD) released a Notice of Funding Availability (NOFA) for approximately $1.45 billion in grants as part of the Homekey Program (Homekey) Round 2. The program continues a statewide effort to rapidly sustain and expand housing for persons experiencing homelessness or at risk of homelessness and impacted by COVID-19 by partnering with local entities to acquire and rehabilitate a variety of housing types.
Eligible grant activities include, but are not limited to, acquisition or rehabilitation of motels, hotels, hostels, or other sites and assets such as vacant apartment buildings, and residential care facilities, master leasing of projects, acquisitions of other sites and assets, new construction of dwelling units, as well as other limited activities in support of those experiencing homelessness.
Specifically, projects include, but are not limited to, conversion of nonresidential or commercially zoned structures to residential units; adult residential facilities, residential care facilities for the elderly, manufactured housing, and other buildings with existing residential uses; multifamily housing projects; and other structures. Of the $1.45 billion in Homekey grant funds, $1.2 billion is derived from the Coronavirus State Fiscal Recovery Fund (CSFRF) established...
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