RECOMMENDATION(S):
AUTHORIZE the Director of Conservation and Development, or designee, to execute a contract with the City of Antioch in the amount of $650,000, under which Contra Costa County will administer the City of Antioch's Housing Rehabilitation Loan Program using City of Antioch Community Development Block Grant (CDBG) funds and Redevelopment funds, for the term of July 1, 2010 through June 30, 2011.
FISCAL IMPACT:
No fiscal impact to the General Fund. Contra Costa County would receive payment from the City of Antioch under the proposed contract.
BACKGROUND:
The Contra Costa County Neighborhood Preservation Program (CCCNPP) is a housing rehabilitation loan program which is administered by the Department of Conservation and Development, Building Inspection Division. CCCNPP offers low-interest and zero-interest loans to low-income and very-low-income households who own and occupy their homes. The loan recipients qualify for loan assistance under guidelines established by the U.S. Department of Housing and Urban Development (HUD).
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