File #: 25-0275    Version: 1 Name:
Type: City Resolution Status: Passed
File created: 11/12/2024 In control: *Community & Economic Development Committee
On agenda: 12/10/2024 Final action: 12/17/2024
Title: Subject: Prohousing Incentive Pilot Program Grant Application 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
Sponsors: Housing And Community Development Department
Attachments: 1. View Report, 2. View Legislation, 3. 90560 C.M.S

Title

Subject:                      Prohousing Incentive Pilot Program Grant Application

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