Title
Application to the California Department of Housing and Community Development for the Prohousing Incentive Program Round 3
Recommended Action
Approve the City and State Housing and Community Development Department Resolution(s) authorizing the submission of a Prohousing Incentive Program (PIP) Round 3 application to the California Department of Housing and Community Development (HCD) of $1,250,000 to assist persons who are experiencing or at risk of homelessness, and/or the development, acquisition, and preservation of affordable housing for households earning up to 120% AMI, or 150% AMI in high-cost areas; and if awarded, authorizing the City Manager or designee to accept PIP Round 3 funds and execute all required Agreements and related documents necessary to implement the program; and the establishment of PIP Round 3 appropriation and budget allocation based on awarded budget and activities.