ACCEPT a report on the Affordable Housing and Sustainable Communities portion of the Greenhouse Gas Reduction Fund and potential application for the Heritage Point Project in North Richmond.
There is no impact to the General Fund. Staff costs to cover the cost to submit an application are budgeted through Housing Successor funds.
The development proposal includes a request for the following entitlements from the County:
The development application was submitted May 14, 2014 and the Notice of Intent to Adopt a Mitigated Negative Declaration is expected to be issued in February 2015. A public hearing with the Planning commission is anticipated to occur in late March/early April of 2015. CHDC plans to submit a concept proposal for the AHSC program. County staff are assisting and the County is proposed to be named as a co-applicant, possibly along with the City of Richmond. CHDC also proposes to seek financing from the following sources: County funds as follows: Housing Successor; HOME Investment Partnerships Act (federal); Community Development Block Grant (federal), and State funds as follows: Greenhouse Gas Reduction Funds (Affordable Housing and Sustainable Communities), and other possible sources. If CHDC is invited to submit an application for funding through the AHSC program, DCD staff will return to the Board of Supervisors on March 31, 2015 to provide a status update and seek approvals, as necessary. In addition, since the AHSC grant program is expected to continue or expand in the future, DCD staff will work to develop additional project concepts to respond to future requests for proposals.
Not applicable.
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