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Adopt a resolution: A) Approving the use of $1,002,195.84 in HOME Investment Partnership Program (“HOME”) funding instead of $1,002,195.84 in Community Development Block Grant (“CDBG”) funding for the HumanGood Affordable Housing and Rotary Plaza, Inc.’s Rotary Gardens Affordable Housing Fund 12 (“AHF 12”) approved project, thereby modifying the use of funds for the project set forth in the FY 2024-25 Annual Action Plan; and B) Approving the use of $609,941 in CDBG funding instead of $609,941 in HOME funding for Coastside Associates’ Moonridge I project, thereby modifying the use of funds for the project set forth in the FY 2022-23 Annual Action Plan; and C) Approving the use of $613,780 in CDBG funding instead of $613,780 in HOME funding for the Moonridge Associates’ Moonridge II project, thereby modifying the use of funds for the project set forth in the FY 2022-23 Annual Action Plan; and D) Authorizing the Director of the Department of Housing or designee, to take all necessary actions in connection with the submission of any amendments to the FY 2022-23 and FY 2024-25 Annual Action Plans, including providing additional information that the federal government may require and to reallocate funding across approved projects as may be necessary and advisable within the fiscal limits specified in these Annual Action Plans, and to negotiate and execute contracts, acting in consultation with the County Attorney to give effect to the Annual Action Plans.

Resolution Passed Introduced July 18, 2024

What this record is

Held by
HumanGood Affordable Housing and Rotary Plaza, Inc
Amount
$1.00M
Runs until
no end date published in this record
Type
amendment
Field
Professional services

Read automatically from the title of the official record. The source document below is authoritative.

Committee
HOUSING
Requested by
HOUSING
Introduced
July 18, 2024
On agenda
August 13, 2024
Passed
August 13, 2024
Enacted
August 13, 2024
Enactment no.
Resolution-080575

Where it was heard

BOARD OF SUPERVISORS Aug 13, 2024 approved Pass