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File #: 24-0673    Version: 1 Name: ProHousing Incentive Program
Type: CC- Consent - Resolution Status: Agenda Ready
File created: 8/28/2024 In control: City Council
On agenda: 9/24/2024 Final action: 9/24/2024
Title: RESOLUTION - SUBMITTAL OF AN APPLICATION TO THE STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT’S PROHOUSING INCENTIVE PILOT PROGRAM FOR AN AMOUNT NOT TO EXCEED $1,250,000 RECOMMENDATION: It is recommended by the Department of Housing and Community Services that the Council, by resolution, approve the submittal of a grant application to the State of California Department of Housing and Community Development’s Prohousing Incentive Program in an amount not to exceed $1,250,000 to provide financial assistance to multifamily, rental housing that is affordable to extremely low-, very low-, low-, or moderate-income households and authorize the City Manager to execute a Standard Agreement with the Department of Housing and Community Development and related documents if funding is awarded.
Sponsors: Housing and Community Services
Indexes: Exempt Project, Not a Project
Code sections: 15061(b)(3) - General Rule Exemption, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Resolution