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Title:
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REPORT - HOME INVESTMENT PARTNERSHIPS PROGRAM (HOME) TENANT BASED RENTAL ASSISTANCE
BACKGROUND: Annually, the City of Santa Rosa (City) is allocated approximately $750,000 in HOME Investment Partnerships Program (HOME) funds by the U.S. Department of Housing and Urban Development (HUD); the City delegates the administration of the funds to the Housing Authority. The Housing Authority heard a study session on the use of HOME funds for Tenant Based Rental Assistance (TBRA) on March 22, 2021 and directed staff to bring a resolution to approve the use of HOME funds for Tenant Based Rental Assistance for a two-year trial period.
RECOMMENDATION: It is recommended by the Housing and Community Services Department that the Housing Authority, by resolution, approve the use of Home Investment Partnerships Program funds as a Tenant Based Rental Assistance (TBRA) program for the City of Santa Rosa for a two-year trial period.
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