RECOMMENDATION(S):
APPROVE and AUTHORIZE the Conservation and Development Director, or designee, to execute an agreement with the City of Walnut Creek to pay the County an amount not to exceed $132,511 for the purpose of administering the City's Housing Rehabilitation Loan and Grant Program, for the period July 1, 2016 through June 30, 2017.
FISCAL IMPACT:
No fiscal impact to the General Fund. All funds are provided by the City of Walnut Creek.
BACKGROUND:
The County Department of Conservation and Development administers a housing rehabilitation loan and grant program through its Neighborhood Preservation Program (NPP). NPP offers grants and low-interest loans to low-income households who own and occupy their home. The recipients qualify for assistance under County guidelines and U.S. Department of Housing and Urban Development (HUD) regulations.
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