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File #: 144-2021    Version: 1 Name:
Type: Consent Calendar Status: Passed
File created: 4/9/2021 In control: CITY COUNCIL OF THE CITY OF NAPA
On agenda: 5/4/2021 Final action: 5/4/2021
Title: Community Development Block Grant Disaster Recovery (CDBG-DR) Loan Reservation in the Amount of $2,664,774 for the Heritage House/Valle Verde Project, a 90-Unit Affordable Housing Project
Attachments: 1. ATCH 1 - Resolution
To: Honorable Mayor and Members of City Council

From: Vincent Smith, Community Development Director

Prepared By: Lark Ferrell, Housing Manager

TITLE:
Title
Community Development Block Grant Disaster Recovery (CDBG-DR) Loan Reservation in the Amount of $2,664,774 for the Heritage House/Valle Verde Project, a 90-Unit Affordable Housing Project

LABEL
RECOMMENDED ACTION:
Recommendation

Adopt a resolution authorizing a reservation of CDBG Disaster Recovery Multifamily Housing Program (CDBG-DR) funds in the amount of $2,664,774 for development of the Heritage House/Valle Verde Project located at 3700 and 3710 Valle Verde Drive and determining that the actions authorized by this resolution were adequately analyzed by a previous CEQA action.

Body
DISCUSSION:
The City has been awarded a $2,889,774 CDBG Disaster Recovery Multifamily Housing Program (CDBG-DR) grant by the State of California Department of Housing and Community Development (HCD) due to the October 2017 wine country fires. The CDBG-DR funds must be used to assist in the creation of affordable rental housing. The grant provides $225,000 for the City's program delivery costs and $2,664,774 for deferred loans for the development of affordable rental housing projects. The State also awarded $420,094 in CDBG-DR funding to the County.
Ninety-nine percent of the City's grant must be used for affordable housing projects in the 94558 zip code. This zip code was identified by the State as a Most Impacted and Distressed (MID) area. The County of Napa's CDBG-DR funding can be spent countywide. CDBG-DR funding must also be used to assist projects that meet one or more of the following criteria:
* Providing a greater percentage of affordable rental units to overall units
* Providing Permanent Supportive housing
* Providing housing for extremely low-income households
* Providing deep affordability with at least 10% of the units targeted to households at or below 30% of median income
* Providing housing for e...

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