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File #: ID#23-273    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 4/12/2023 In control: City Council
On agenda: 5/2/2023 Final action:
Title: 2023 California Department of Housing and Community Development Local Housing Trust Fund Application
Attachments: 1. Staff Report 2023 HCD LHTF Application, 2. Resolution 2023 HCD LHTF Application, 3. State Resolution 2023 LHTF HCD LHTF Application, 4. Salinas LHTF Guidelines and Standards, 5. PPT 2023 HCD LHTF Application

Title

2023 California Department of Housing and Community Development Local Housing Trust Fund Application

Recommended Action

Approve a Resolution authorizing submittal of a Local Housing Trust Fund Program Application to the California Department of Housing and Community Development; and establishment of a Salinas Local Housing Trust Fund and a Salinas LHTF account fund with revenue and expenditure accounts to include the pre-application allocation of Housing Production Fund CIP #9021 ($500,000), and General Funds ($500,000), as required local match and SB2 PLHA ($100,000); and authorizing the City Manager, or designee, to execute all applicable forms, grant-related documents, and subsequent amendments as needed.