Special Notice / Hearing: 30-day notice (newspaper publication)____
Vote Required: Majority
To: Honorable Board of Supervisors (Sitting as the Board of Commissioners of the Housing Authority of the County of San Mateo)
From: Raymond Hodges, Executive Director, Housing Authority
Subject: FY 2024-2025 Moving to Work Annual Plan
RECOMMENDATION:
title
Acting as the Governing Board of Commissioners for the Housing Authority of the County of San Mateo, conduct a public hearing to consider the FY 2024-2025 Moving to Work Annual Plan:
A) Open public hearing
B) Close public hearing
C) Adopt a resolution approving the Housing Authority of the County of San Mateo FY 2024-2025 Moving to Work Annual Plan ("Plan") as set forth in Attachment A and authorizing the Housing Authority Executive Director or Designee, to execute documents related to the Plan submission; and
D) Adopt a resolution pursuant to the authority provided in such Plan authorizing the award of up to $16,505,645 of Moving To Work ("MTW") reserve funds to assist in the financing of the Affordable Housing Fund 12.0 affordable housing projects identified to receive awards of MTW funds in Attachment B and authorizing the Housing Authority Executive Director or Designee, in consultation with the County Attorney, to execute such other documents necessary to provide MTW reserve funds to the projects identified in Attachment B.
body
BACKGROUND:
Moving To Work ("MTW") is a demonstration program that offers participating housing authorities the opportunity to design and test innovative, locally designed housing and self-sufficiency strategies for low-income households by allowing exceptions from certain housing regulations. The MTW program is funded through the U.S. Department of Housing and Urban Development ("HUD") with the goals of increasing administrative efficiencies, encouraging self-sufficiency, and increasing housing choice.
The Housing Authority of the County of San Mateo ("HACS...
Click here for full text