City Hall, Council

Chamber

City of Santa Rosa

100 Santa Rosa Avenue

Santa Rosa, CA

HOUSING AUTHORITY

REGULAR MEETING AGENDA AND

SUMMARY REPORT

FEBRUARY 28, 2022

1:30 P.M.

PURSUANT TO GOVERNMENT CODE SECTION 54953(e) AND THE

RECOMMENDATION OF THE HEALTH OFFICER OF THE COUNTY OF

SONOMA, HOUSING AUTHORITY MEMBERS WILL BE PARTICIPATING IN

THIS MEETING EITHER VIA ZOOM WEBINAR OR IN-PERSON, SOCIALLY

DISTANCED, IN THE COUNCIL CHAMBER AT 100 SANTA ROSA AVENUE.

MEMBERS OF THE PUBLIC CAN PARTICIPATE IN THE MEETING BY:

• BY ZOOM BY VISITING

HTTPS://SRCITY-ORG.ZOOM.US/J/82374871929, OR

• BY PHONE BY DIALING 877-853-5257 AND ENTERING WEBINAR ID:

823-7487-1929.

1. CALL TO ORDER

2. ROLL CALL

3. STATEMENTS OF ABSTENTION

4. STAFF BRIEFING

4.1

HOUSING AUTHORITY FY 2021/22 Q2 FINANCIAL REPORT

This memo summarizes Housing Authority (“Authority”) expenditures

and funding for July 1, 2021 - December 31, 2021.

Memorandum

Attachments:

5. STUDY SESSION

5.1

FISCAL YEAR 2022-23 NOTICE OF FUNDING AVAILABILITY

PRIORITIES

The Housing Authority issues Notices of Funding Availability (NOFAs)

for its federal, state, and local funds for affordable housing activities

annually and as new funding opportunities arise. Over the past three

years, six NOFAs have been issued, five of which have focused on

providing funds for new construction and to leverage Housing Authority

funds to make projects more competitive for state funding sources. This

Study Session will provide the Housing Authority the ability to discuss

the funding priorities for the upcoming Fiscal Year 2022-23 NOFA and

provide direction to staff to either: 1) continue focusing on new

construction projects; or 2) allocate a portion of the funds available for

rehabilitation and/or preservation of affordable housing units in

accordance with applicable funding source eligible uses.

Staff Report

Presentation

Attachments:

6. PUBLIC COMMENTS (ON NON-AGENDA ITEMS)

Comments from the public will be allowed on all agenda items at the time

each item is called. This is the time when any person may address the

Housing Authority on matters not listed on this agenda, but which are within

the subject matter jurisdiction of the Housing Authority. Each speaker will be

allowed three minutes.

7. APPROVAL OF MINUTES

7.1

January 24, 2022 - Draft Minutes.

January 24, 2022 - Draft Minutes

Attachments:

8. CHAIRMAN/ COMMISSIONER REPORTS

9. COMMITTEE REPORTS

10. EXECUTIVE DIRECTOR REPORTS/ COMMUNICATION ITEMS:

11. CONSENT ITEMS

12. REPORT ITEMS

12.1

REPORT - 3575 MENDOCINO AVENUE PHASE II- FUNDING

RECOMMENDATION

BACKGROUND: The Fall 2021 Notice of Funding Availability (NOFA)

was published on October 1, 2021 and made available $694,325 in

Permanent Local Housing Allocation (PLHA) program funds and

$1,565,675 in HOME Investment Partnership (HOME) program funds.

Of the applications received, there were no projects eligible to receive

HOME funds. At the time that applications were due for the NOFA, the

3575 Mendocino Avenue Phase II project was anticipated to be fully

funded and BRJE Phase 2 Housing Partners, LP (the Developer) did

not submit an application for funding. In late January, the Developer

became aware of and advised Housing Authority staff of a funding

shortfall due to a lower-than-expected tax credit equity amount from

investors and increased construction costs. The disaster tax credit

award requires the project to begin construction by April 10, 2022,

which does not allow the time for the project to apply for funding from a

future NOFA and retain their $20 Million disaster tax credit award. The

Developer has requested that the Authority consider the request for

HOME program loan funds in the amount of $1,560,000 to address the

recently identified funding shortfall to allow the project to proceed on

time without jeopardizing the disaster tax credit award.

RECOMMENDATION: It is recommended by the Housing and

Community Services Department that the Housing Authority, by

resolution, approve a conditional commitment of loan funds to BRJE

Phase 2 Housing Partners, LP in the amount of $1,560,000 in HOME

funds for construction related costs of 37 affordable housing units and 1

unrestricted managers unit for 3575 Mendocino Avenue Phase II

located at 3575 Mendocino Avenue Santa Rosa, CA.

Staff Report

Attachments:

Attachment 1 - Fall 2021 NOFA

Attachment 2 - Affordable Housing Loan Application

Attachment 3 - BRJE Phase 2 Housing Partners Loan Requ

Attachment 4 - 3575 Mendocino Phase II Project Summary

Resolution

Presentation

13. ADJOURNMENT

The City of Santa Rosa does not discriminate on the basis of disability in the admissions or access to, or treatment of or

employment in, its programs or activities. Disability-related aids or services, including printed information in alternate formats,

to enable persons with disabilities to participate in public meetings and programs are available by contacting the Housing

Authority Recording Secretary at (707) 543-3300 one week prior to the meeting/program.

This information can also be accessed via the internet at: http://www.srcity.org

____________________________________________________________

NOTE: Any writings or documents provided to a majority of the Housing Authority regarding any item on this agenda will be

made available for public inspection in the Department of Housing and Community Services located 90 Santa Rosa Avenue

during normal business hours.