Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Raymond Hodges, Director, Department of Housing
Subject: Measure K: Mobile Home Loan Program and Agreement with HEART to Disburse and Administer loan funds
RECOMMENDATION:
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Measure K: Adopt a resolution authorizing and directing the Director of the Department of Housing, or designee(s), to execute an agreement with The Housing Endowment and Regional Trust in an amount not to exceed a total of $2,078,800 in Measure K funds to disburse up to $2,000,000 in loans to qualified low-income residents residing in the seven mobile home parks located in unincorporated San Mateo County for the purchase of approved new mobile home units and for an administrative fee not to exceed $78,800 for a term of March 12, 2024 through June 30, 2026 and granting a waiver of competitive bidding pursuant to County Administrative Memorandum B-1.
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BACKGROUND:
The County has taken extensive steps to preserve and develop permanent, long-term affordable housing in the County, and mobile homes are one part of the comprehensive set of affordable housing solutions the County is pursuing. For instance, in 2018, the County implemented a multi-departmental effort to address widespread habitability issues at Redwood Trailer Village in North Fair Oaks, including a low-interest loan program for the purchase of new mobile homes, that helped prevent the mass displacement of approximately 200 residents. In total, the County disbursed 46 loans for which (to date) there have been no defaults and all repayments have been timely made.
The County has also implemented other programs to address widespread health and safety issues caused by dilapidated, aging, or otherwise unsafe mobile home units located within the County's seven unincorporated mobile home parks, including subsidized repair programs for low-income residents to correct high-priority safety issues identified by Cou...
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