Agenda

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C.114

To:	Board of Supervisors
From:	John Kopchik, Director, Conservation & Development Department
Date:	December 14, 2021

Contra

Costa

County

Subject:

2021 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: 12/14/2021

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

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

ABSENT:

Diane Burgis, District III Supervisor

Contact:

Kristin Sherk 925-655-2889

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 14, 2021
,

BY:	, Deputy

RECOMMENDATION(S):

ACCEPT the 2021 Advisory Body Annual Report for the Affordable Housing Finance Committee (AHFC).

FISCAL IMPACT:

The action is accepting a report. There is no fiscal impact.

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 April 8, 2021, to consider applications for the Community Development Block Grant (CDBG), HOME Investment Partnerships Act (HOME) funds, and Housing Opportunities for Persons with HIV/AIDS (HOPWA) funds. Projects recommended for final funding amounts included new construction of three multifamily rental housing projects with 155 total units located in Pittsburg, Pleasant Hill, and Richmond totaling $5,946,000 in HOME funds and $410,000 in HOPWA funds. Two acquisition and rehabilitation multifamily rental housing projects with 104 total units in Danville and Richmond were recommended for funding totaling $4,94,807 in CDBG funds and $1,000,000 in HOME funds. Lastly, funding recommendations were made for the Neighborhood Preservation and Program to provide rehabilitation loans and grants to low-income homeowners who reside in their homes.

2. Accomplishments: The AHFC reviewed eight applications as described above and provided funding recommendations 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, HOME, and HOPWA funds. On the administrative side, the membership categories were refined to improve representation by qualified residents of the various sub-areas of the County. On March 2, 2021, the Board of Supervisors adopted Bylaws of the AHFC to contain seven members of the committee in three categories: City membership, County membership, and one at-large community membership. Due to the technical nature of the committee's charge, the Bylaws require that all members have experience in the field of affordable housing finance, design, development, or property management.

3. Attendance/Representation: The AHFC committee achieved a quorum at the annual meeting in April. There are currently zero vacancies. Senior Housing Planner Kristin Sherk 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 2022, the AHFC will meet at least once. One meeting will be in the spring and additional meetings will be held if applications are received during the year.

CHILDREN'S IMPACT STATEMENT:

The AHFC reviews and makes recommendations on many types of affordable housing projects, including housing suitable for families with children. The recommendation supports one or more of the following children's outcomes:

(1) Children Ready for and Succeeding in School;
(2) Children and Youth Healthy and Preparing for Productive Adulthood;
(3) Families that are Economically Self Sufficient;
(4) Families that are Safe, Stable and Nurturing; and
(5) Communities that are Safe and Provide a High Quality of Life for Children and Families.