DATE: August 6, 2024
TO: Board of Supervisors
SUBMITTED BY: Steve Brandau, Supervisor, District 2
SUBJECT: Resolution authorizing staff to withdraw from application of No Place Like Home - Round Four development for Libre Commons supportive housing project.
RECOMMENDED ACTION(S):
TITLE
Adopt Resolution authorizing staff to withdraw the County's application for grant and loan funding from the California Department of Housing and Community Development program, No Place Like Home - Round Four development for Libre Commons supportive housing project ($11,922,838).
REPORT
Approval of this item will notify the California Department of Housing and Community Development (HCD) of the County of Fresno's intent to withdraw its application for funding and services from No Place Like Home (NPLH) - Round Four grant application that was approved by your Board on January 4, 2022, as the project has become unviable.
ALTERNATIVE ACTION(S):
Your Board may choose to continue its support for the NPLH - Round Four application for the Libre Commons supportive housing project.
FISCAL IMPACT:
There is no increase in net County cost associated with the recommended action. Further, no County funds or services have been expended on this project to date, as the project has not been started. Your Board's approval of the recommended action will forego $11,922,838 for the proposed program.
DISCUSSION:
On January 4, 2022, your Board approved Resolution 22-004, authorizing staff to proceed with an application for NPLH funding for several supportive housing projects, including Round Four funding for Libre Commons, which was co-sponsored by UpHoldings, LLC. The grant application included a commitment by the County to provide on-site services for a minimum of 20 years.
In June of 2022, HCD awarded the proposed project $11.9 million, comprised of a $10 million capital loan and $1.9 million grant, contingent on a local funding match of $9 million. At that time the City of Fresno had also...
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