DATE: May 3, 2022
TO: Board of Supervisors
SUBMITTED BY: Paul Nerland, County Administrative Officer
SUBJECT: Subrecipient Agreements - State and Local Fiscal Recovery Funds Habitat for Humanity Fresno Incorporated, Riverdale
RECOMMENDED ACTION(S):
TITLE
Approve and authorize the Chairman to execute Subrecipient Agreement for American Rescue Plan Act State Local Fiscal Recovery Funds with Habitat for Humanity Fresno Incorporated (Riverdale) in the amount of $540,000 to assist with unanticipated construction costs for the construction of the eight-affordable homes to be built in the unincorporated Community of Riverdale.
REPORT
Approval of the recommended action will allocate $540,000 of Coronavirus State and Local Fiscal Recovery Funds (SLFRF) to Habitat for Humanity Fresno Incorporated (Subrecipient) to construct eight affordable homes in the unincorporated community of Riverdale (Program). The eight affordable homes will be made available to rural families that qualify for the Home Investment Partnerships Program (HOME), which restricts eligibility of potential buyers to those who are at or below 80% of the Area Median Income (AMI) for Fresno County, as annually reported by the United State Housing and Urban Development (HUD), and who are each willing to volunteer 500 hours of "sweat equity" to help build their own future home. The Subrecipient's Program is responsive to address the needs of individuals and families impacted by the COVID-19 pandemic by providing a path forward that supports durable, affordable, and sustainable homeownership. This item pertains to District 4.
ALTERNATIVE ACTION(S):
If your Board were not to approve the recommended action, SLFRF would not become available to the Subrecipient to fund the development of eight affordable homes in response to the housing needs of individuals and families impacted by the COVID-19 pandemic.
FISCAL IMPACT:
There is no increase in Net County Cost associated with recommended actions. Costs ...
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