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HomeMy WebLinkAboutStaff Report 3.A 06/15/2015DATE: June 15, 2015 Agenda Item #3.A TO: Honorable Mayor and Members of the City Council through City Manager FROM: Sue Castellucci, Housing Coordinator SUBJECT: Resolution Approving the Funding Appropriations for the City of Petaluma's Affordable Housing Program and Authorizing the City Manager to Execute Any Related Documents. RECOMMENDATION It is recommended that the City Council adopt the attached Resolution Approving the Funding Appropriations for the City of Petaluma's Affordable Housing Program and Authorizing the City Manager to Execute Any Documents Necessary to Implement the Projects and Programs. BACKGROUND Since 1985 the City Council has developed housing goals to address the broad range of needs within the community starting with the City's initial Housing Element. Petaluma's Housing Program is a seasoned one. Since its inception, over 1,760 units have been built, including senior rentals, any age family rentals and homeownership, as well as two homeless shelters and five transitional houses. Through the Housing programs, community nonprofits serve over 1,228 low income citizens each year. As community needs change and the City's Housing funds decrease, the housing program will need to adapt. DISCUSSION Annually, the Housing Division sends out a public notice for Requests for Proposals for programs and /or projects that will utilize funds to implement and address the City Council Housing goals. Due to the dissolution of the redevelopment agency and the recent "clawback" from the State Controller's Office, the City now has limited funding options to offer to the nonprofits who provide vital services and programs to the low income households in Petaluma. The majority of the community's nonprofit housing and service providers have worked diligently to adapt to this changing environment by economizing, downsizing, collaborating, and reinventing their organizations. Staff reviews each request and prioritizes them by the Housing goals stated in the 2015 -2023 Housing Element and the 2015 -2020 Consolidated Plan. The FY 2015 -2016 Housing budget (Exhibit #A to the Resolution) was presented to the City Council and discussed in May, and was initially approved at the May 18, 2015 City Council meeting. As of July 1, 2015, the City will enter into a subrecipient agreement with all nonprofits receiving funds for Fiscal Year 2015- 2016. FINANCIAL IMPACTS The Housing funds committed to the nonprofit agencies are to be used for affordable housing opportunities and are not expended from the General Fund. Over the past several years, the amount funded to each program has been reduced by at least 25 -50 %. The nonprofit agencies are aware that future funding is not guaranteed. ATTACHMENTS 1. Resolution 2. Exhibit A to the Resolution 2 ATTACHMENT #1 RESOLUTION APPROVING THE FUNDING APPROPRIATION FOR THE CITY OF PETALUMA'S AFFORDABLE HOUSING PROGRAM AND AUTHORIZING THE CITY MANAGER TO EXECUTE ANY DOCUMENTS NECESSARY TO IMPLEMENT THE PROJECTS AND PROGRAMS WHEREAS, the City Council of the City of Petaluma has developed housing goals to address the broad range of needs within our community; and WHEREAS, the City Council of the City of Petaluma adopted the 2015 -2023 Housing Element on December 1, 2014 with Resolution No. 2014 -190 N.C.S., and WHEREAS, the City Council of the City of Petaluma adopted the 2015 -2020 Consolidated Plan for the Community Development Block Grant program with Resolution No. 2015 -041 N.C.S., and WHEREAS, the City budget was adopted on June 1, 2015 which included the appropriations for affordable housing programs and projects as specified in Ordinance No. xx, attached hereto as Exhibit A; and WHEREAS, Requests for Proposals are distributed annually requesting submissions of programs and projects to implement affordable housing projects and programs which address City Council goals. NOW, THEREFORE, BE IT RESOLVED by the City of Petaluma City Council that those projects and programs, as listed in Exhibit A to this Resolution, be adopted as the 2015- 2016 Housing Program and directs and authorizes the City Manager to execute subrecipient agreements and related documents to implement those projects and programs. ATTACHMENT #2 Exhibit A 2015 -2016 HOUSING PROGRAM BUDGET In Lieu Housing Fund: Beginning Balance Funds available 7/1/15 $1,179,860 Estimated 15 -16 Revenue $ 748,000 Funds Available for 15 -16 Allocation $1,927,860 Appropriations: PPSC Rental Assistance & Fair Housing $ 113,175 Administrative Costs 50,000 Intragovernmental Transfers 29,336 Total Appropriations $ 192,511 State Controller's "Clawback" to Successor Agency ($ 1,700,000) Balance of Funds 6/30/16 $ 37,349 Commercial Linkage Fund: Beginning Balance of Funds available 7/1/15 $ 903,064 Estimated 15 -16 Revenue $ 355,236 Funds Available for 15 -16 Allocation $ 1,258,300 Appropriations: Boys & Girls Club - Kids Club at Affordable properties $ 300,000 Housing Land Trust of Sonoma County — First Time Homebuyer Admin 25,000 Administrative Costs 50,000 Intragovernmental Transfers 15,000 Total Appropriations $ 390,000 Balance of Funds 6/30/16 $ 868,300 Housing Successor Fund: Beginning Balance of Funds available 7/1/15 $ 374,036 Estimated 15 -16 Revenue $ 292,140 Funds Available for 15 -16 Allocation $ 666,176 Appropriations: COTS — Supportive Services $ 100,000 PEP Housing — Rehab Program 35,500 Intragovernmental Transfers 78,183 Salary & Benefits 79,659 Supplies & Services 23,625 Total Appropriations $ 316,967 Balance of Funds 6130116 $ 349,209 rd