Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Raymond Hodges, Director, Department of Housing
Subject: Amendment to the Standard Agreement with the State of California Department of Housing and Community Development ("State HCD") for the Operation and Management of Shores Landing, an Affordable Housing Project for Extremely Low-Income Seniors in Redwood City
RECOMMENDATION:
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Adopt a resolution:
A) Authorizing and directing the Director of the Department of Housing, or designee, to execute an amendment to the Homekey Program Standard Agreement executed between the County of San Mateo ("County") and the State of California Department of Housing and Community Development ("State HCD") to add MP Shores Landing, LLC (proposed Lessee of Ground Lease with the County), a wholly-owned and controlled subsidiary of MidPen Housing Corporation, as a third party to the Agreement; and
B) Authorizing and directing the Director of the Department of Housing, or designee, to execute any and all other documents and/or amendments required by State HCD to execute an amendment to the Standard Agreement and receive authorization from State HCD to enter into a Ground Lease with MP Shores Landing, LLC.
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BACKGROUND:
The Homekey Program ("Homekey"), administered by the State of California Housing and Community Development Department ("State HCD"), provided funding to rapidly sustain and expand the inventory of housing for people experiencing homelessness or at risk of homelessness and impacted by COVID-19. Homekey presented an opportunity for local public agencies to purchase hotels, motels and a broad range of other housing types in order to increase community capacity to respond to homelessness and the COVID-19 pandemic.
With authorization from the Board, the Department of Housing ("DOH"), on behalf of the County of San Mateo ("County"), applied for and received a funding award from Homekey, Rou...
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