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File #: 18-842HA    Version: 1 Name: 2018 NOFA Recommendations
Type: HA- Report Status: Agenda Ready
File created: 10/11/2018 In control: Housing Authority
On agenda: 10/22/2018 Final action:
Title: REPORT - 2018 NOTICE OF FUNDING AVAILABILITY - FUNDING RECOMMENDATIONS (1) ACQUISITION OF PARKWOOD APARTMENTS, 6899 MONTECITO BLVD AND (2) PREDEVELOPMENT, CONSTRUCTION AND MORTGAGE ASSISTANCE LOANS FOR LANTANA PLACE, 2979 DUTTON MEADOW BACKGROUND: In response to a Notice of Funding Availability (“NOFA”) announcing approximately $4.1 million of federal and local funds for affordable housing, the Housing Authority received 11 applications requesting almost $22 million. The applications are for a range of projects, including new multifamily rental housing for families, homeless veterans, and seniors displaced by the 2017 wildfires, new home ownership housing and rehabilitation. The NOFA Ad Hoc Committee and staff reviewed the applications and recommend funding two projects at this time. Recommendations for remaining funds will be made at a future Housing Authority meeting following consideration of full or partial funding of one or more additional projects. RECOMMENDATION: It is rec...
Sponsors: Housing Authority
Indexes: Exempt Project
Code sections: 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1, 3. Attachment 2, 4. Attachment 3, 5. Attachment 4, 6. Attachment 5, 7. Attachment 6, 8. Attachment 7, 9. Attachment 8, 10. Attachment 9, 11. Attachment 10, 12. PowerPoint Presentation, 13. Resolution Parkwood Apts, 14. Resolution Lantana Place