Laserfiche WebLink
City of San Leandro <br />Meeting Date: April 7, 2014 <br />ONR x419 ` Staff Report <br />File Number: 14-093 Agenda Section: CONSENT CALENDAR <br />Agenda Number: 8.E. <br />TO: City Council <br />FROM: Chris Zapata <br />City Manager <br />BY: Cynthia Battenberg <br />Community Development Director <br />FINANCE REVIEW: David Baum <br />Finance Director <br />TITLE: Staff Report for the HOME Consortium Agreement Between the City of San <br />Leandro and the County of Alameda for Federal Fiscal Years 2015-2017 <br />SUMMARY AND RECOMMENDATIONS <br />The City of San Leandro receives HOME Investment Partnership Program (HOME) funds <br />through participation in the Alameda County HOME Consortium. The Consortium is made up <br />of Alameda County cities and the Urban County area. The HOME Consortium Agreement for <br />Federal Fiscal Years 2015 - 2017 continues the City's participation in the consortium and <br />establishes Alameda County Housing and Community Development Department (HCD) as <br />the lead agency in the administration of the HOME funds. The current HOME Consortium <br />Agreement expires this year. <br />Staff recommends that the City adopt a resolution approving the HOME Consortium <br />Agreement between the City of San Leandro and County of Alameda for Federal Fiscal Years <br />2015-2017. <br />This action is a procedural item that only provides for the administration of the HOME funds. <br />All proposed HOME expenditures for specific projects will be brought to the City Council for <br />review and approval. <br />BACKGROUND <br />HOME is authorized under Title II of the Cranston -Gonzales National Affordable Housing Act <br />(24 CFR Part 92), passed in 1990. It is the largest Federal block grant to State and local <br />governments designed exclusively to create affordable housing for low-income households. <br />The City has received $5.7 million in federal HOME funds from 1992 to 2013 to fund projects <br />through participation in the Alameda County HOME Consortium. Program funds are allocated <br />to local government agencies on the basis of a formula that considers the relative inadequacy <br />of each jurisdiction's housing supply, its incidence of poverty, its fiscal distress, and other <br />City of San Leandro Page 1 Printed on 411/2014 <br />