25-0029
Planning and Building Department, Economic Development and Administration Division, Affordable Housing Unit, recommending the Board consider the following: 1) In accordance with Board Policy A-6, accept a HOME Investment Partnerships Program grant award from the Department of Housing and Community Development, in the amount of $500,000, for the County’s ongoing First-Time Homebuyer Loan Program; 2) Delegate authority to the Director of the Planning and Building Department to execute the Standard Agreement and subsequent amendments thereto that do not affect the dollar amount or term and to sign other grant-related documents, contingent upon approval by County Counsel and Risk Management; and 3) Approve and authorize the Chair to sign a budget transfer amending the Fiscal Year 2024-25 Adopted Budget increasing revenue and appropriations by $500,000 in the Affordable Housing Unit Budget. (4/5 vote required) FUNDING: Federal Home Investment Partnerships Program Grant Funds - 100%.
- Committee
- Board of Supervisors
- Requested by
- Planning and Building
- Introduced
- December 16, 2024
- On agenda
- April 8, 2025
- Passed
- April 8, 2025
Where it was heard
Board of SupervisorsWatch El Dorado County
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