TO: Board of Supervisors
FROM: Ryan J. Alsop, County Executive Officer
REPORT BY: Jennifer Palmer, Director of Housing & Homeless Services
SUBJECT: Bay Area Housing Finance Authority Older-Adult Rental Assistance Pilot Program Funding Competition
RECOMMENDATION
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Director of Housing & Homeless Services requests permission to apply for and accept Bay Area Housing Finance Authority (BAHFA) Older Adult Rental Assistance Pilot Program Grant Funding in the amount of up to $5,000,000 (five million) dollars through June 2028 to prevent homelessness and improve long-term housing stability for extremely-low income senior residents experiencing severe housing burden.
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EXECUTIVE SUMMARY
The Bay Area Housing Finance Authority (BAHFA) has released a request for proposals (RFP), seeking an eligible entity to finalize program design and administer an Older Adult Rental Assistance Pilot Program (The Program) in one or more counties of the 9-county Bay Area Region. The Program will provide monthly rental assistance to extremely low-income and severely rent-burdened, older adult and fixed income households for up to 48 months. Housing & Homeless Services staff have worked collaboratively with a consortium of community-based organization and public sector partners to design a program and service delivery model using grant funds and other existing funding sources.
Approval of today's action authorizes and directs the Director of Housing & Homeless Services to apply and execute related grant agreements, if awarded.
FISCAL & STRATEGIC PLAN IMPACT
Is there a Fiscal Impact?
Yes
Is it currently budgeted?
No
Is it Mandatory or Discretionary?
Discretionary
Discretionary Justification:
There is no mandate to apply for BAHFA funding.
Is the general fund affected?
No
Future fiscal impact:
If awarded, funds will be budgeted in the coming fiscal year
Consequences if not approved:
Napa County will not apply for this pilot program.
County Strategic Plan pillar addressed:
Healthy,...
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