TO: Board of Supervisors
FROM: Minh C. Tran, County Executive Officer
REPORT BY: Jennifer Palmer, Director of Housing & Homeless Services
SUBJECT: One-Time Housing Funds for Whole Person Care Pilots
RECOMMENDATION
title
Director of Housing and Homeless Services requests the following actions:
1. Adoption of a Resolution rescinding and replacing Resolution 2020-86 authorizing participation in the allocation of one-time housing funds for Whole Person Care Pilot programs as authorized by AB 74, Budget Act of 2019 to extend the time of reservation by one year.
2. Approval of a Budget Transfer increasing appropriations by $1,000,000 in Affordable Housing Projects (Fund 2080, Subdivision 2080010) offset by increase in revenue from a transfer from Deferred Revenue-Unearned for the financing of the Heritage House and Valle Verde Project Loan. (4/5 vote required)
body
EXECUTIVE SUMMARY
On June 23, 2020, the Board of Supervisors reserved $1 million in one-time Whole Person Care Funds for Housing for the Heritage House and Valle Verde projects. At that time, construction for the project was expected to commence in March 2021. Due to impacts from the pandemic, including cost increases requiring additional funding to be secured, project construction was delayed by 15-months. The project is now ready to proceed, requiring an extension for the reservation of funds as well as a related budget adjustment.
Today's action will (1) approve the adoption of the resolution rescinding and replacing Resolution 2020-86 authorizing participation in the allocation of one-time housing funds for Whole Person Care Pilot programs by extending the time of reservation and, (2) amend the existing budget appropriation authority by $1,000,000 in Affordable Housing Projects (Fund 2080, Subdivision 2080010).
FISCAL & STRATEGIC PLAN IMPACT
Is there a Fiscal Impact?
Yes
Is it currently budgeted?
No
Is it Mandatory or Discretionary?
Discretionary
Discretionary Justification:
Heritage House is a...
Click here for full text