Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Ken Cole, Executive Director
Subject: Measure K Agreement with HIP Housing
RECOMMENDATION:
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Measure K: Adopt a resolution authorizing the Director of the Department of Housing or the Director's designee to execute an agreement with HIP Housing for the Home Sharing Program for the term of July 1, 2019 through June 30, 2021, in an amount not to exceed $365,907.
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BACKGROUND:
Measure K is a 20-year half-cent sales tax extension passed by voters in November 2016 to support essential County services and to maintain or replace critical facilities. The original tax was passed in 2012 (assigned as Measure A on that ballot). Measure K extends the sales tax for 20 years, until March 31, 2043. The Board and County staff have conducted study sessions and community outreach efforts to inform priorities of Measure K spending.
On June 19, 2019 the Board of Supervisors approved the fiscal year 2019-20 Recommended Budget and received the 2020-21 Preliminary Recommended Budget, which included HIP Housing's Home Sharing Program as a continuing initiative. The Recommended County Budget allocates $180,250 in FY 2019-20 and $185,658 in FY 2020-21 to HIP Housing's Home Sharing Program.
DISCUSSION:
HIP Housing's Home Sharing Program offers a creative solution for expanding housing opportunities and choice in San Mateo County. The Home Sharing Program matches persons who have space available to rent in their home (home providers) with persons seeking an affordable place to live (home seekers), maximizing housing inventory by using existing housing stock to create affordable housing options. HIP Housing's Home Sharing Program is the only program of its kind in San Mateo County and is one of the largest programs in the country providing a housing option for 660 people a year. Over 90 percent of the people applying to the Home Sharing Program qualify as...
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