TO: Board of Supervisors
FROM: Ryan J. Alsop, County Executive Officer
REPORT BY: Emma Moyer, Interim Director of Housing & Community Services
SUBJECT: Updated Reservation of Affordable Housing Funds for 39-unit Permanent Supportive Housing Project
RECOMMENDATION
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Adopt a Resolution for the Jamboree Housing Corporation Permanent Supportive Housing Project revising the unit count and extending the existing reservation of funds for one (1) year. (No Fiscal Impact)
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BACKGROUND
Jamboree Housing Corporation (JHC), using their wholly owned subsidiary JHC-Acquisitions LLC, has secured site control of one (1) parcel located at 515 Silverado Trail in the City of Napa, comprised of approximately 1.05 acres for the purposes of building permanent supportive housing (PSH). The development will provide PSH and services to very-low and extremely-low-income individuals exiting homelessness, with set aside placements for the Coordinated Entry System (CES) for households earning between 30% and 60% Area Median Income. Total cost for the project is projected at Thirty Seven Million Sixty Three Thousand Forty Five dollars ($37,063,045).
On December 5, 2023, the Board of Supervisors adopted resolution 2023-150, reserving $1,550,000 of Affordable Housing Funds to JHC to assist in the development of forty (40) permanent supportive housing units, and one (1) managers unit. Since then, the project has been modified to be more competitive for funding applications. JHC submitted a revised entitlement package in March 2026, with approvals anticipated in June. The revised entitlements eliminated one unit to create a more efficient floorplan, move the project out of the floodplain, and provide a more efficient layout of services spaces.
The financing plan for the project assumes the majority of funding will come from the 9% Tax Credits. The City of Napa approved a loan to JHC in January of 2023 in the amount of Two Million Dollars ($2,000,000) in permanent construction financi...
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