Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors (Acting as the Governing Board of Commissioners for the Housing Authority of the County of San Mateo)
From: Raymond Hodges, Executive Director, Housing Authority of the County of San Mateo
Subject: Appointment of SAMCHAI Board of Directors for 2024-2025
RECOMMENDATION:
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Acting as the Governing Board of Commissioners for the Housing Authority of the County of San Mateo, adopt a resolution authorizing the Housing Authority-affiliated not-for-profit public benefit corporation SAMCHAI to appoint its Board of Directors for 2024-2025 as required under the SAMCHAI Amended and Restated Bylaws.
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BACKGROUND:
On May 11, 2010 the Housing Authority of the County of San Mateo ("HACSM") Board of Commissioners (the "Commissioners") approved a resolution authorizing HACSM to establish a Housing Authority-controlled instrumentality. This process was completed to facilitate the disposition of Midway Village, a former Public Housing property owned by HACSM. As part of the disposition approval by the U.S. Department of Housing and Urban Development ("HUD"), the housing ownership of Midway Village was to be transferred to a not-for-profit instrumentality or another non-profit organization. As a result, HACSM created SAMCHAI, an affiliated not-for-profit public benefit corporation. In December 2017, when HACSM converted its remaining Public Housing property, El Camino Village, to Project-Based Vouchers under HUD's Rental Assistance Demonstration Program, the property ownership of El Camino Village was also transferred to SAMCHAI.
Due to ongoing redevelopment at Midway Village, the property ownership has transferred back to HACSM; however, SAMCHAI retains property ownership of El Camino Village.
DISCUSSION:
As part of its creation, SAMCHAI was required to adopt Bylaws and Covenants; the Bylaws were subsequently amended, known as the Amended and Restated Byla...
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