DATE:
April 9, 2024
07
TO:
Board of Supervisors
SUBJECT
Title
ADOPT A RESOLUTION OF THE SAN DIEGO COUNTY BOARD OF SUPERVISORS AUTHORIZING THE APPLICATION AND AMENDMENT OF THE PERMANENT LOCAL HOUSING ALLOCATION (PLHA) PLAN FOR THE PLHA PROGRAM; AND AUTHORIZE DIRECTOR OF HOUSING AND COMMUNITY DEVELOPMENT SERVICES TO ISSUE NOTICES OF FUNDING AVAILABILITY FOR DEVELOPMENT OF MULTIFAMILY RENTAL HOUSING (DISTRICTS: ALL)
Body
OVERVIEW
In 2017, the California State Legislature passed Senate Bill (SB) 2, the Building Homes and Jobs Act. The Building Homes and Jobs Act created a dedicated, ongoing funding source for the State of California Building Homes and Jobs Trust Fund (BHJ Fund) by implementing a $75 recording fee on certain real estate documents. Revenue from the BHJ Fund is used, in part, to fund the Statewide Permanent Local Housing Allocation (PLHA). Established in 2019, the goal of PLHA is to make funding available to eligible local governments in California for housing-related projects and programs that address the unmet housing needs of their local communities. Thus far, the total PLHA allocation for the County is estimated to be approximately $11.8 million, of which the County has been awarded $8.4 million, leaving an estimated $3.4 million to be awarded over the remaining two years. On July 7, 2020 (6), the San Diego County Board of Supervisors (Board) authorized the receipt of PLHA Program funding and approved the PLHA Five-Year Plan. Today's action requests the Board approve an amended PLHA Five-Year Plan and an accompanying updated resolution for the PLHA Program, authorize execution of the State Standard Agreement for acceptance of grant funds, and authorize Notices of Funding Availability for development of multifamily rental housing.
Today's action supports the County vision of a just, sustainable, and resilient future for all, specifically those communities and populations that have been historically left behind, as well as our ongoing ...
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