TO: LINDA REICH, CITY MANAGER
FROM: WARREN MORELION, AICP, DIRECTOR OF DEVELOPMENT SERVICES
SUBJECT
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CalHOME Program Grant Funding.
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RECOMMENDATION
1) Accept and approve the use of grant funds awarded by the California Department of Housing and Community Development (HCD); 2) establish a grant number G6241 and appropriate $600,000 to the CalHome Fund 375 with a corresponding increase in revenue; 3) approve the updated Home Improvement Program Guidelines; and 4) authorize City Manager to execute all necessary documents.
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FISCAL IMPACT
Requires an appropriation of expenditures and revenue of $600,000 to the CalHome Fund 375. The appropriation is fully offset by grant revenue and there are no matching city funds required.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above will further the City's values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
* Positive City Image
* Financial Stability
Revenue: 3756220-59500-G6241
Expenditure: 3756220-40010-G6241
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BACKGROUND
The California Department of Housing and Community Development (HCD) provides loans and grants to local public entities and nonprofits for the following programs: homeownership development; self-help technical assistance; mortgage assistance; owner-occupied rehabilitation programs; shared housing; and for the acquisition of manufactured housing for agricultural households.
On January 6, 2023 HCD announced the release of 170 million dollars through a Super NOFA to distribute funds to HCD administered programs including CalHome. Applications for funding were accepted through February 28, 2023, followed by a competitive evaluation process whereas applicants were rated and ranked in a manner consistent with CalHome program requirements.
On February 21, 2023, the City Cou...
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