Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Raymond Hodges, Director, Department of Housing
Subject: Authorization for Project Utilizing Local Housing Trust Funds from the State of California Department of Housing and Community Development
RECOMMENDATION:
title
Adopt a resolution:
A) Representing and certifying that if the County of San Mateo Department of Housing ("DOH") receives an award of Local Housing Trust Fund ("LHTF") Program funds from the Veterans and Affordable Housing Bond Act of 2018 ("Proposition 1") from the California Department of Housing and Community Development (the "Department") pursuant to the July 9, 2024 Local Housing Trust Fund Notice of Funding Availability ("LHTF NOFA") that DOH will use all such funds on Eligible Projects in a manner consistent and in compliance with all applicable state and federal statutes, rules, regulations, and laws, including without limitation all rules and laws regarding the LHTF Program, as well as any and all contracts DOH may have with the Department ("Eligible Projects'); and
B) Authorizing and directing DOH to act as manager in connection with the Department's funds to Eligible Projects pursuant to the LHTF NOFA in an amount not to exceed $5,000,000 (the "LHTF Award"); and
C) Representing and certifying that DOH agrees to match on a dollar for dollar basis the LHTF Award pursuant to Guidelines Section 104 and to utilize matching funds on a dollar for dollar basis for the same Eligible Projects for which Program Funds are used, as required by HSC Section 50843.5(c) and as described in Attachment 1 to the Resolution; and
D) Representing and certifying that pursuant to Attachment 1 to the Resolution and the certification in this resolution, the LHTF funds shall be expended only for Eligible Projects and consistent with all program requirements; and
E) Representing and warranting that DOH shall be subject to the terms and condi...
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