Agenda

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C. 81

To:	Board of Supervisors
From:	John Kopchik, Director, Conservation & Development Department
Date:	December 15, 2015

Contra

Costa

County

Subject:

2015 Advisory Body Annual Report for the Affordable Housing Finance Committee (AHFC)

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 12/15/2015

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

Kara Douglas 925-674-7880

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: December 15, 2015
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

ACCEPT the 2015 Advisory Body Annual Report for the Affordable Housing Finance Committee (AHFC).

FISCAL IMPACT:

No General Fund impact. Costs to staff the committee were paid by Community Development Block Grant, and HOME Investment Partnerships Act funds.

BACKGROUND:

Board policy requires that regular and ongoing boards, commissions, or committees shall annually report on activities, accomplishments, membership attendance, required training/certification, and proposed work plan or objectives for the following year.

BACKGROUND: (CONT'D)

ANNUAL REPORT

1. Activities: The AHFC met in January for a study session on sources of affordable housing financing. The committee met on March 16, 2015, to consider 10 applications for $12.5 million in Community Development Block Grant (CDBG), and HOME Investment Partnerships Act (HOME) funds. The committee met on March 30, 2015, to reconsider funding recommendations made for two projects. Final funding recommendations included construction of 283 affordable apartments in 4 multifamily apartment projects located in Walnut Creek, El Cerrito, North Richmond and San Pablo. The committee also recommended funds for a supportive housing project in Knightsen. Additional recommendations were to fund the Neighborhood Preservation Program, Healthy Homes, and Home Repair, which provide rehabilitation loans and grants to low income homeowners. The AHFC met again in September and recommended CDBG funds be awarded to Eden Housing Development for the rehabilitation of the East Bluff apartments in Pinole.

2. Accomplishments: The AHFC reviewed 10 applications and provided funding recommendations to support construction of 283 units of affordable housing to the Board of Supervisors through the Department of Conservation and Development. Committee members provide a critical review of the projects which ensures substantial leverage of CDBG and HOME funds.

3. Attendance/Representation: The AHFC committee achieved a quorum at 3 meetings and 1 study session. There are two current vacancies. The current members primarily represent West and Central County. The AHFC strives to have a diverse committee. Kara Douglas staffed the committee.

4. Training/Certification: There has not been any special training in the past year. Staff provides information to committee members on webinars that provide information on related topics.

5. Proposed Work Plan/Objectives for Next Year: In 2016, the AHFC may meet twice. One meeting will be in February and additional meetings will be held if applications are received during the year.

CONSEQUENCE OF NEGATIVE ACTION:

The Board would not have a 2015 report on the Affordable Housing Finance Committee.

CHILDREN'S IMPACT STATEMENT:

The AHFC reviews and makes recommendations on many types of affordable housing projects. Some of these meet Goal 3 on the Children’s Report Card: Families are Economically Self Sufficient.