FROM:
Housing
SUBJECT:
Title
Public Hearing and adoption of the Draft HOME-ARP Allocation Plan
End
RECOMMENDATION:
Recommendation
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COUNCIL GOALS:
• Practice sound fiscal management by producing timely and accurate financial information.
• Concentrate on Inter-governmental relations by pursuing financial participation from county, state and federal governments.
DISCUSSION:
The City of Fontana is a participating jurisdiction for HOME Investment Partnerships (HOME) funds through the U.S. Department of Housing and Urban Development (HUD). As such, the City has been awarded $2,633,568 of HOME-American Rescue Plan Act (HOME-ARP) funding.
As a prerequisite for receiving the HOME-ARP allocation, the City is required to submit a HOME-ARP Allocation Plan that includes 1) a summary of the consultation process and the results of consultation; 2) a summary of comments received through the public participation process and a summary of any comments or recommendations not accepted and the reason why; 3) a description of HOME-ARP qualifying populations within the jurisdiction; 4) an assessment of unmet needs of each qualifying population; 5) an assessment of gaps in housing and shelter inventory, homeless assistance and services, and homelessness prevention service delivery system; and 6) a summary of planned use of HOME-ARP funds for eligible activities based on the unmet needs of the qualifying populations.
The City plans to utilize these funds to develop affordable rental housing in the City to serve households at risk of homelessness. The Allocation Plan will amend the 2021-2022 Annual Action Plan to address these funds.
FISCAL IMPACT:
The fiscal impact associated with the approval of this item is $2,633,658 and is currently budgeted in HOME Fund #363 Project #03020004.
MOTION:
Approve staff recommendation.