DATE: April 14, 2020
TO: Board of Supervisors
SUBMITTED BY: Jean M. Rousseau, County Administrative Officer
Dawan Utecht, Director, Department of Behavioral Health
SUBJECT: Retroactive Ratification of Certification of Non-Application of Relocation Benefits and Indemnification Agreement
RECOMMENDED ACTION(S):
TITLE
Retroactively Ratify the Certification of Non-Application of Relocation Benefits and Indemnification Agreement with the State of California, Housing and Community Development related to Round One of the No Place Like Home program.
REPORT
Ratification is required to allow the County and Fresno Housing Authority to continue to pursue financing for the Villages at Broadway, a County permanent supportive housing development related to Round One of the No Place Like Home (NPLH) program. The deadline for submittal of the documents was April 1, 2020, which required previous authorization of the documents by the Chairman to meet the deadline. This item is countywide.
ALTERNATIVE ACTION(S):
Inaction would jeopardize funding necessary for the development, which would negatively impact housing options for homeless individuals with disabilities living in the County.
RETROACTIVE AGREEMENT:
The deadline of April 1, 2020 for submittal of the requisite documents was imposed by the California Tax Credit Allocation Committee (CTCAC) which has also committed significant financing towards the development. If the documents were not submitted by the deadline, the County and Fresno Housing Authority would be unable to close the financing loan, resulting in CTCAC rescinding the tax credits awards for Villages at Broadway which totaled over $10 million and would prevent the project's development.
FISCAL IMPACT:
There is no increase in Net County Cost associated with the recommended action. Approval would ratify the Certification of Non-Application of Relocation Benefits and Indemnification Agreement for the financing loan.
DISCUSSION:
The Certification of Non...
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