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HomeMy WebLinkAbout _ 4.2(a)--Authorization to apply for Prohousing Incentive Program Funding � � �' � � � � � � ' � �' � � ' � ` CITY OF REDDING REPORT TO THE CITY COUNCIL MEETING DATE: December 3, 2024 FROM: Steve Bade, Assistant City ITElVI NO. 4.2(a) Manager ***APPROVED BY*** n � t��� ; s' �r ]1r2�#�(??4 rS' �P�it�,C�i ��t t� 1l,'26,{'2{}? sbade@cityofredding.org btippin@cityofredding.org SUBJECT: 4.2(a)--Authorization to apply for the California Department of Housing and Communit Develo ment's Prohousin Incentive Pro ram Fundin . Recommendation Authorize and approve the following: (1) Adopt Resolution authorizing the City Manager, or designee, �o execute all documents necessary to complete the application process for the California Department of Housing and Community Development's Prohousing Incentive Program grant in an amount not to exceed $1 million; and (2} Find that based on the facts in the record, applying for grant funding is not considered a project under the California Environmental Quality Act. Fiscal Impact The Prohousing Incentive Program (PIP) grant funds require no match abligation. The PIP grant request will be in an amount not to exceed of$1 million. There is no impact to the General Fund. Alternative Action The City Council (Council) could decline to adopt the Resalution allowing for staff to apply for the PIP Round 3 funding. This Inissed opportunity would result in not receiving additional grant funds to be used for implementation activities related to housing and community development. �3ackground/flnalysis On November 5, 2024, Council approved staff to apply for the State of California's Housing and Community Development Department (HCD)Prohousing Designation (Designation). Currently, staff is gathering public comments through the prescribed 30-day public comment period and will submit the application to HCD prior to December 31, 2024. Report to Redding City Council November 26,2024 Re: 4.2(a)--Authorization to apply for Prohousing Incentive Program Funding Page 2 In addition, HCD recently published a Notice of Funding Availability (NOFA) Round 3 for the PIP. PIP grant funds are used to incentivize jurisdictions to obtain the Designation. This NOFA deadline is also December 31, 2024. Staff will submit the application for Designation prior to the PIP deadline, both the Designation and the PIP application will be considered simultaneously by HCD. PIP funds may be used to provide income-eligible households with housing and community development opportunities such as homebuyer down payment assistance. As such, staff would prioritize awarded funds to assist buyers purchasing single-family homes within the City of Redding. Environmental Review Applying for grant funding is not considered a project under the California Environmental Quality Act (CEQA). Any project that is developed wi11 be reviewed for CEQA compliance once the details are known. Council Prio�ity/City ManageN Goals • Government of the 21St Century - `Be relevant and proactive to the opportunities and challenges of today's residents and workforce. Anticipate the future to make better decisions today." • Economic Development- "Facilita�e and become a catalyst for economic development in Redding to create jobs, retain current businesses and attract new ones, and encourage investment in the community." Attachments ^Resolution RESOLUTION NO. 2024- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING APPLICATION FOR,AND RECEIPT OF PROHOUSING INCENTIVE PROGRAM FUNDS WHEREAS, pursuant to Health and Safety Code 50470 et. Seq, the California Department of Housing and Community Development (Department} is authorized to issue Guidelines as part of an incentive program (hereinafter referred to by the Department as the Prohousing Incentive Program or"PIP"); and WHEREAS, the City Council of the City of Redding desires to submit a PIP grant application package ("Application"), on the forms provided by the Department, for approval of grant funding for eligible activities toward planning and implementation activities related to housing and community development as a result of ineeting eligibility criteria including but not limited to Prohousing Designation; and WHEREAS,the Department has issued Guidelines and Application in August,2024 in the amount of$8,000,000 for PIP; NOW, THEREFORE, IT IS RESOLVED THAT: SECTION l. The City Manager is hereby authorized and directed to submit an Application to the Department in response to the NOFA, and to apply for the PIP grant funds in a total amount not to exceed$1,000,000; SECTION 2. In connection with the PIP grant, if the Application is approved by the Department, the City Manager of the City of Redding is authorized and directed to enter into, execute, and deliver on behalf of the Applicant, a State of California Agreement (Standard Agreement) for the amount not to exceed $1,000,000, and any and all other documents required or deemed necessary or appropriate to evidence and secure the PIP grant, the Applicant's obligations related thereto, and all amendments thereto; and SECTION 3. The Applicant shall be subject to the terms and conditions as specified in the Guidelines, and the Standard Agreement provided by the Department after approval. The Application and any and all accompanying documents are incorporated in full as part of the Standard Agreement. Any and all activities funded, information provided, and timelines represented in the Application will be enforceable through the fully executed Standard Agreement. Pursuant to the Guidelines and in conjunction with the terms of the Standard Agreement, the Applicant hereby agrees to use the funds for eligible uses and allowable expenditures in the manner presented and specifically identified in the approved Application. I HEREBY CERTIFY that the foregoing resolution was introduced and adopted at a regular meeting of the City Council of the City of Redding on the 3rd day of December, 2024, by the following vote: AYES: COUNCIL MEMBERS: NOES: COUNCIL MEMBERS: ABSENT: COUNCIL MEMBERS: ABSTAIN: COUNCIL MEMBERS: , Mayor ATTEST: FORM APPROVED: SHARLENE TIPTON, City Clerk CHRISTIAN M. CURTIS, City Attorney The undersigned, Sharlene Tipton,City Clerk of the City of Redding,does hereby attest and certify that the foregoing is a true and full copy of a resolution of the City Council of the City of Redding, Applicant's governing body, adopted at a duly convened meeting on the date above-mentioned, and that the resolution has not been altered, amended, or repealed. SIGNATURE: DATE: NAME; TITLE: