File #: 25-0275    Version: 1 Name:
Type: City Resolution Status: In Committee
File created: 11/12/2024 In control: *Community & Economic Development Committee
On agenda: 12/10/2024 Final action:
Title: Subject: Round 3 Prohousing Incentive Program Grant From: Housing And Community Development Department Recommendation: Adopt A Resolution Authorizing The City Administrator To (1) Apply For, Accept, And Appropriate $1,390,000 In Funds From The State Of California Department Of Housing And Community Development’s Prohousing Incentive Pilot Program For Capitalized Service Reserves For Affordable Housing; And (2) Make Grants Or Development Loans Under The New Construction Of Multifamily Rental Affordable Housing Program Or The Rapid Response Homeless Housing Program Without Returning To Council, Contingent On Funding Availability; On The December 10, 2024 Community And Economic Development Committee Agenda
Sponsors: Housing And Community Development Department

Title

Subject:                      Round 3 Prohousing Incentive Program Grant

From:                                           Housing And Community Development Department

Recommendation: Adopt A Resolution Authorizing The City Administrator To (1) Apply For, Accept, And Appropriate $1,390,000 In Funds From The State Of California Department Of Housing And Community Development’s Prohousing Incentive Pilot Program For Capitalized Service Reserves For Affordable Housing; And (2) Make Grants Or Development Loans Under The New Construction Of Multifamily Rental Affordable Housing Program Or The Rapid Response Homeless Housing Program Without Returning To Council, Contingent On Funding Availability; On The December 10, 2024 Community And Economic Development Committee Agenda