DATE: March 6, 2018
TO: Board of Supervisors
SUBMITTED BY: Steven E. White, Director
Department of Public Works and Planning
SUBJECT: Amendment I to Agreement No. 17-390 with Habitat for Humanity Fresno, Inc. for the Habitat Riverdale Development Project in the community of Riverdale
RECOMMENDED ACTION:
TITLE
Approve and authorize Chairman to execute Amendment I of Agreement No. 17-390 with Habitat for Humanity Fresno, Inc. for the Habitat Riverdale Development Project in the community of Riverdale ($394,562.40).
REPORT
The recommended action provides additional Federal HOME Investment Partnerships (HOME) funds in the amount of $4,562.40 for the Habitat Riverdale Development Project, originally approved by the Board on July 11, 2017, for a total of $394,562.40 of HOME funds for this project. The additional $4,562.40 is available from the County's Community Housing Development Organization (CHDO) HOME set-aside funds and is needed due to an unanticipated increase in construction costs. This item pertains to a location in District 4.
ALTERNATIVE ACTION:
If this amendment is not approved, the County will not be able to utilize the $4,562.40 in CHDO funds, as currently there are no other pending CHDO eligible projects.
FISCAL IMPACT:
There is no Net County Cost. Amendment I will increase the total HOME funding available for the Habitat Riverdale Development Project to $394,562.40. The County is mandated to use a minimum of 15% of HOME funds allocated for affordable housing development projects carried out by designated CHDOs. Approval of Amendment I will result in the County satisfying this requirement. County HOME funds of $394,562.40 are included in the Public Works and Planning - Grants Adopted Budget for FY 2017-18, Org 5512-2008.
DISCUSSION:
On July 11, 2017, as Item 66, the Board approved the Habitat Riverdale Development Project Agreement in the amount of $390,000. The Agreement provided HOME CHDO set-aside funds to Habitat for Humanity Fre...
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