Title
Report regarding a Resolution amending Resolution 188-2023 authorizing the City of South San Francisco to submit a 5-Year Plan amendment to the State of California to receive and administer the City's Entitlement of Permanent Local Housing Allocation (PLHA) Funds and to enter into all required agreements to receive PLHA Funds. (Elia Moreno, Management Analyst I)
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RECOMMENDATION
Recommendation
Staff recommends that the City Council adopt a Resolution amending Resolution 188-2023 authorizing the City of South San Francisco to submit a 5-Year plan amendment to the State of California to receive and administer the City's Entitlement of Permanent Local Housing Allocation (PLHA) Funds and to enter into all required agreements to receive PLHA Funds.
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BACKGROUND
In 2017, the California State Legislature enacted Senate Bill 2 (SB 2), known as the Building Homes and Jobs Act, which established a permanent funding source for affordable housing and homelessness-related services. The PLHA program, administered by the California Department of Housing and Community Development (HCD), is funded by a real estate transaction recording fee.
On July 22, 2020, the City Council approved a resolution authorizing an application for the City's entitlement of PLHA funds and to enter into all required agreements to receive PLHA funds. The City submitted its initial PLHA 5-Year Plan to HCD, which was subsequently approved by HCD. The City's total estimated allocation under the program is not to exceed $1,307,880 over the five-year period.
To date, the City has received $217,980 in PLHA funds for Year 1 (2019) and $338,809 for Year 2 (2020). These funds have been committed to a predevelopment loan to Rotary Plaza, Inc. to support an affordable housing development located at 500 and 522 Linden Avenue. The City has been awarded $372,849 for the Year 3 (2021) allocation, though these funds have not yet been received. City staff intend to apply for the Year 4 (2022) and Y...
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