Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Raymond Hodges, Director, Department of Housing
Subject: Allocation of Measure K funds, County Impact Fees, Permanent Local Housing Allocation funds, and Homeless Housing Assistance and Prevention funds from the Affordable Housing Fund 13.0 to affordable housing projects
RECOMMENDATION:
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Measure K: Adopt a resolution:
A) Approving commitments of Affordable Housing Fund (AHF) 13.0 funds for the construction of the affordable housing projects listed in Attachment A in the total amount of up to $41,146,469.75 consisting of $19,000,000 in Measure K Fiscal Year 2025-26 funds approved by the Board of Supervisors for affordable housing purposes; $18,022,198 in Measure K funds allocated in previous AHF rounds that were returned to the Department of Housing; $824,271.75 in Permanent Local Housing Allocation funds (subject to state approval of the County Housing Element); $100,000 in County Impact Fees (for unincorporated San Mateo County only); $1,200,000 in Mental Health Services Act funds, and up to $2,000,000 in Homeless Housing Assistance and Prevention funds, including all conditions attached to such funding recommendations; and
B) Authorizing the Director of the Department of Housing, or designee, in consultation with the County Attorney, to negotiate and execute all contracts, instruments, and other documents and amendments thereto necessary to provide funding to the affordable housing projects listed in Attachment A.
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BACKGROUND:
On April 8, 2013, this Board approved the allocation of approximately $13,400,000 of unrestricted general funds for affordable housing purposes, thereby establishing the Affordable Housing Fund (AHF). These initial AHF funds were derived from a one-time distribution of Housing Trust Funds held by former redevelopment agencies in San Mateo County.
Since then, after twelve subsequent annual AHF competiti...
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