Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Ken Cole, Director, Department of Housing
Subject: Contract for Project WeHOPE Shelter Acquisition
RECOMMENDATION:
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Adopt a resolution authorizing:
A) A seven-month extension of a $490,673 Affordable Housing Fund commitment for acquisition of the Project WeHOPE Shelter in East Palo Alto; and
B) The Director of the Department of Housing, or the Director's designee, to execute a contract with Project WeHOPE to assist with the acquisition of the 1854-1858 Bay Road, East Palo Alto emergency shelter facility.
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BACKGROUND:
In April 2014, the Board of Supervisors approved the allocation of $13.4 million in former Redevelopment Agency funds distributed to the County of San Mateo following dissolution of California's redevelopment agencies (RDAs). The majority of these RDA "boomerang funds" were allocated among six new construction affordable housing projects in Resolution #072977. Another $2,942,784 was awarded for capital proposals at three shelters under Resolution #073116. This competitive process became known as the County's first Affordable Housing Fund Notice of Funding Availability (AHF 1.0 NOFA) round.
One of the shelter awards made under AHF 1.0 was $490,673 to support the acquisition and renovation of Project WeHOPE's shelter at 1854-1858 Bay Road in East Palo Alto. The Department of Housing (DOH) and Project WeHOPE (PW) executed a contract for the funds December 17, 2014. A primary consideration of the contract was that PW secure the remaining funding needed to acquire the property prior to DOH releasing any funds. Project WeHope recently obtained the outstanding commitments needed to acquire the property. However, the DOH-PW contract expired June 1, 2018. To facilitate PW's acquisition of the site, an extension of the award and new contract are needed.
DISCUSSION:
At this time, DOH seeks approval from the Board o...
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