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File #: 24-709HA    Version: Name: FISCAL YEAR 2024-2025 NOTICES OF FUNDING AVAILABILITY - FUNDING RECOMMENDATIONS
Type: HA- Report Status: Agenda Ready
File created: 10/14/2024 In control: Housing Authority
On agenda: 10/28/2024 Final action:
Title: REPORT - FISCAL YEAR 2024-2025 NOTICES OF FUNDING AVAILABILITY - FUNDING RECOMMENDATIONS BACKGROUND: In response to the Fiscal Year 2024-2025 Notice of Funding Availability (“NOFA”) announcing approximately $3,100,000 and the HOME Investment Partnership Program (HOME) NOFA announcing approximately $440,000 of funds for acquisition, development, and rehabilitation of affordable housing; the Housing Authority received five applications requesting approximately $4.6 million for 230 total affordable units. Four applications were received for new construction projects and one application was received for a rehabilitation project. The projects were evaluated and ranked based on project readiness, affordability, bedroom size, special needs set asides, leveraging, project competitiveness, developer and management experience, services and amenities, and other factors. A NOFA Ad-Hoc Committee comprised of Commissioners Conte and Smith met on October 3, 2024, to review the projects and scorin...
Sponsors: Housing and Community Services
Indexes: Not a Project
Code sections: 15061(b)(3) - General Rule Exemption, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1 - Santa Rosa Housing Trust NOFA FY2024-25, 3. Attachment 2 - Santa Rosa Housing Trust 2024-2025 HOME NOFA, 4. Attachment 3 - FINAL FY 2024-2025 Points Scoring System, 5. Attachment 4 - West Avenue Apartments Summary, 6. Attachment 5 - Stony Point Flats Summary, 7. Attachment 6 - Laurel at Perennial Park Phase III Summary, 8. Attachment 7 - Ponderosa Village Summary, 9. Attachment 8 - Caritas Homes Phase II Summary, 10. Attachment 9 - Locational Graphic of Recommended Projects, 11. Attachment 10 - Correspondence, 12. RESOLUTION - West Avenue Apartments, 13. RESOLUTION - Stony Point Flats, 14. RESOLUTION - Laurel at Perennial Park Phase III, 15. RESOLUTION - Ponderosa Village, 16. Presentation