Consider recommendations regarding the approval of Community Project Funds (CPF) Grant Agreement and Loan to Sanctuary Centers for Hollister II Permanent Supportive Housing Development, First District, as follows: a) Approve and authorize the Chair of the Board to execute a Subrecipient Loan Agreement with Sanctuary Centers, Inc. (Owner), memorializing the terms and conditions of a $1,000,000.00 loan from the County to Owner consisting of CPF Grant funds (County CPF Loan) for the development of the Hollister II Permanent Supportive Housing Development (Project) located at 115-7 West Anapamu Street in the City of Santa Barbara, and imposing occupancy, rent, and tenant income restrictions on Project housing units until August 31, 2032; b) Approve and authorize the Community Services Department Director to accept an Owner-executed Deed of Trust in securing the County CPF Loan, and (ii) an Owner-executed Promissory Note evidencing the $1,000,000.00 County CPF Loan; c) Approve and ratify the Fiscal Year 2024 Community Project Funding Grant Agreement No. B-24-CP-CA-0121 (CPF Grant Agreement) with the U.S. Department of Housing and Urban Development (HUD) governing the County’s use of a grant of $1,000,000.00 in Community Project Funding from HUD (CPF Grant); and d) Find that the Project is exempt from California Environmental Quality Act (CEQA) requirements pursuant to CEQA Section 15332, and pursuant to the City of Santa Barbara December 4, 2020 Notice of Exemption filing, and a NEPA Environmental Assessment for the Project has been completed, and the Authority to Use Grant Funds (AUGF) was issued by HUD effective December 21, 2023.

Administrative Item Agenda Ready Introduced March 26, 2026

What this record is

Held by: Sanctuary Centers, Inc
Amount: $1.00M
Runs until: August 31, 2032 6 years away date quoted from the award document
Type: contract
Field: Health & social

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