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C. 71
To: Board of Supervisors
From: John Kopchik, Director, Conservation & Development Department
Date: December  13, 2016
The Seal of Contra Costa County, CA
Contra
Costa
County
Subject: 2016 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:   12/13/2016
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  13, 2016
David Twa,
 
BY: , Deputy

 

RECOMMENDATION(S):

ACCEPT the 2016 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 committee met on February 9, 2016, to consider eight applications for nearly $6 million in Community Development Block Grant (CDBG), and HOME Investment Partnerships Act (HOME) funds. Final funding recommendations included construction of 105 affordable apartments in two multifamily apartment projects located in El Cerrito and North Richmond. The committee also recommended funds for a homeless day program within a new housing project in Walnut Creek, and 30 units of veterans housing in Pittsburg. Additional recommendations were to fund the Neighborhood Preservation Program, which provides rehabilitation loans and grants to low income homeowners.   
  
2. Accomplishments: The AHFC reviewed eight applications and provided funding recommendations to support construction or rehabilitation of 304 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 its one meeting. 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 2017, the AHFC may meet twice. One meeting will be in February or March and additional meetings will be held if applications are received during the year.

CONSEQUENCE OF NEGATIVE ACTION:

The Board would not have a 2016 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.

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