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File #: 21-817HA    Version: 1 Name: NOFA - Funding Recommendations
Type: HA- Report Status: Agenda Ready
File created: 10/26/2021 In control: Housing Authority
On agenda: 12/13/2021 Final action:
Title: REPORT - FALL 2021 NOTICE OF FUNDING AVAILABILITY FUNDING RECOMMENDATIONS BACKGROUND: The Fall 2021 Notice of Funding Availability (“NOFA”) announced approximately $2,260,000 of funds for affordable housing production in Santa Rosa, containing $625,325 from the Permanent Local Housing Allocation (PLHA) program and $1,565,675 from the HOME Investment Partnership program (HOME). The Housing Authority received two applications requesting $2,670,000 for 96 total units. The projects were evaluated and ranked based on project readiness, affordability, bedroom size, special needs set asides, leveraging, project competitiveness, developer and management experience, on-site services, amenities, and other factors. Both projects are recommended to receive funding awards. The Hearn Veterans Village project was ranked first with a score of 80 and the Burbank Avenue Apartments project was ranked second with a score of 78. RECOMMENDATION: It is recommended by the Housing Authority Ad-Hoc Review Com...
Sponsors: Housing and Community Services
Indexes: Not a Project
Code sections: 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1, 3. Attachment 2, 4. Attachment 3, 5. Resolution - Hearn Veterans Village, 6. Resolution - Burbank Avenue Apartments, 7. Presentation
Related files: 23-803HA, 22-0203, 23-809HA