the subject matter jurisdiction of the Housing Authority. Each speaker will be
allowed three minutes.
7. APPROVAL OF MINUTES
7.1
Draft Minutes - September 23, 2024.
Attachments:
8. CHAIRMAN/ COMMISSIONER REPORTS
9. COMMITTEE REPORTS
10. EXECUTIVE DIRECTOR REPORTS/ COMMUNICATION ITEMS:
10.1
PENDING DEVELOPMENT PIPELINE UPDATE
Provided for Information.
Attachments:
11. CONSENT ITEMS
12. REPORT ITEMS
12.1
REPORT - FISCAL YEAR 2024-2025 NOTICES OF FUNDING
AVAILABILITY - FUNDING RECOMMENDATIONS
BACKGROUND: In response to the Fiscal Year 2024-2025 Notice of
Funding Availability (“NOFA”) announcing approximately $3,100,000
and the HOME Investment Partnership Program (HOME) NOFA
announcing approximately $440,000 of funds for acquisition,
development, and rehabilitation of affordable housing; the Housing
Authority received five applications requesting approximately $4.6
million for 230 total affordable units. Four applications were received for
new construction projects and one application was received for a
rehabilitation project.
The projects were evaluated and ranked based on project readiness,
affordability, bedroom size, special needs set asides, leveraging, project
competitiveness, developer and management experience, services and
amenities, and other factors. A NOFA Ad-Hoc Committee comprised of
Commissioners Conte and Smith met on October 3, 2024, to review the
projects and scoring details. The Ad-Hoc Review Committee is
recommending funding for four of the five applications received.