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Title:
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REPORT - AUTHORIZATION TO SUBMIT AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING OF $1.2 MILLION UNDER THE CALHOME DISASTER ASSISTANCE PROGRAM
BACKGROUND: On April 11, 2018, the State of California Department of Housing & Community Development (HCD) issued a Notice of Funding Availability (NOFA) to announce the availability of approximately $6 million in CalHome Program funds for Disaster Rehabilitation Assistance. The funds, which can be used for rehabilitation or reconstruction, are available to jurisdictions impacted by the October 2017 wildfires. Jurisdictions must also be eligible to received Federal Emergency Management Agency (FEMA) Individual Assistance for housing pursuant to Federal Disaster Declaration DR-4344. Applications are due to HCD on June 6, 2018. If authorized to do so by the Housing Authority, staff will apply for $1.2 million for silent-second gap funding loans to qualified low-income owner-occupants. Awards wil...
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