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File #: 19-814HA    Version: 1 Name: Focused 2019-2020 NOFA
Type: HA- Report Status: Agenda Ready
File created: 6/5/2019 In control: Housing Authority
On agenda: 6/17/2019 Final action:
Title: REPORT - 2019-2020 FOCUSED NOTICE OF FUNDING AVAILABILITY - FUNDING RECOMMENDATION FOR DUTTON FLATS, 206, 208 AND 214 WEST THIRD STREET BACKGROUND: In response to the 2019-2020 Notice of Funding Availability announcing approximately $3,700,000 million of funds for affordable housing, the Housing Authority received six applications requesting $14,500,000 million. The NOFA focused on multifamily rental projects with application deadlines in June or July for two state funding programs. A NOFA Ad Hoc Committee and staff reviewed the applications and recommend funding one project that best meets the selection criteria described in the NOFA. RECOMMENDATION: It is recommended by the Housing Authority NOFA Ad Hoc Committee and the Housing and Community Services Department that the Housing Authority, by resolution, approve a conditional commitment of funds to Dutton Flats, L.P. in the amount of $3,100,000 for construction-related costs for Dutton Flats, 41 multifamily rental units, located ...
Sponsors: Housing Authority
Indexes: Exempt Project
Code sections: 15332 - Infill Development
Attachments: 1. Staff Report, 2. Resolution, 3. Attachment 1, 4. Attachment 2, 5. Attachment 3, 6. Attachment 4, 7. Attachment 5, 8. Attachment 6, 9. Attachment 7, 10. Attachment 8, 11. Presentation