HomeMy WebLinkAboutCD Permanent Local Housing Allocation (PLHA) PPTPERMANENT LOCAL HOUSING ALLOCATION FUNDING RECOMMENDATION FOR CALENDAR YEAR 2022 San Rafael City Council March 21, 2022 State funding for affordable housing The Permanent Local Housing Allocation Program San Rafael City Council March 21, 2022 •Non-competitive •Available based on Community Development Block Grant funding •Compliments local affordable housing funding •1-for-1 match San Rafael City Council March 21, 2022 Permanent Local Housing Allocation Funding in Marin County Current Funding Available Decision Making San Rafael City Council Countywide Priority Setting Committee Board of Supervisors San Rafael 39.42% Novato 23.68% Countywide 36.90% $1,127,763 Program Goals and Criteria Criteria •Project readiness •Site control (Purchase and Sale Agmt) •Priority for housing supporting individuals and households earning 60% Area Median Income or below San Rafael City Council March 21, 2022 Goals •Family Housing •Rental Housing •Homeowner Housing •Special Needs Housing 2022 Applications 2022 Funding: $1,127,763 -Matched with County Housing Trust Funds •8 Applications Received •2 in San Rafael •Belvedere St. (Canal Alliance) -$400,000 •3301 Kerner (Eden Housing) -$1,025,000 Belvedere St. (Acquisition of Existing Apartment Complex) San Rafael City Council March 21, 2022 •Will capture natural occurring affordability •Prevent displacement •25-35 units •Average 60% area median income •Not eligible at this time •Must show site control •May reapply once site control gained 3301 Kerner Boulevard (Supportive Housing) Meets Criteria For: •Readiness •Site control, •Rental housing •Supports special needs population •Adaptive reuse •40 units •Homekey Project Funding Recommendation: $357, 125 City Council Options 1.Adopt a resolution approving the funding as recommended 2.Let the Countywide Priority Setting Committee provide the recommendation 3.Do not approve and provide direction to staff San Rafael City Council March 21, 2022 PERMANENT LOCAL HOUSING ALLOCATION FUNDING RECOMMENDATION FOR CALENDAR YEAR 2022 San Rafael City Council March 21, 2022 Discussion