Report Prepared by: Leah Brown, Management Analyst Development Services and Scott McBride, Director of Development Services
Title
SUBJECT: Approval to Accept and Appropriate Grant Funds from the State of California Department of Housing and Community Development from the Permanent Local Housing Allocation Program in the Amount of $1,324,969
REPORT IN BRIEF
Consider accepting and appropriating grant funds from the State of California Department of Housing and Community Development (HCD) from the Permanent Local Housing Allocation (PLHA) program in the Amount of $1,324,969.
RECOMMENDATION
City Council - Adopt a motion:
A. Accepting PLHA grant funds in the amount of $1,324,969; and,
B. Increasing revenue account 099-1301-324.02-00 in the amount of $1,324,969 and appropriating the same to 099-1301-512.17-00 for expenditures; and,
C. Authorizing the use of pooled cash to cover the appropriation until grant funds are reimbursed; and,
D. Authorizing the Finance Officer to make the necessary budget adjustments; and,
E. Authorizing the City Manager or Deputy City Manager to execute all documents, including any amendments.
Body
ALTERNATIVES
1. Approve, as recommended by staff; or,
2. Approve, subject to other than recommended by staff, identify specific findings; or,
3. Refer to staff for reconsideration of specific items as requested by Council, or,
4. Continue to a future City Council Meeting (date and time to be specified in Council motion); or,
5. Deny request.
AUTHORITY
Charter of the City of Merced, Sections 200, 405, and 1105.
CITY COUNCIL PRIORITIES
Fiscal Year 2021/2022 Adopted Goals and Priorities, 4. Housing & Homelessness.
DISCUSSION
The Permanent Local Housing Allocation (PLHA) funding is provided pursuant to Senate Bill 2 (SB 2) (Chapter 364, Statutes of 2017). SB 2 established the Fund and authorizes the Department to allocate 70 percent of moneys collected and deposited in the Fund, beginning in calendar year 2019, to local go...
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