File #: 24-1138    Version: 1 Name:
Type: Action Item Status: Agenda Ready
File created: 10/25/2024 In control: BOARD OF SUPERVISORS
On agenda: 11/5/2024 Final action:
Title: Consideration of Presentation Regarding Ongoing Development of a Lake County Regional Housing Trust Fund
Sponsors: Administrative Office
Attachments: 1. 2024-10-24 DRAFT MOU Establishing Lake County Regional Housing Trust, 2. 2024-10-24 DRAFT - Resolution Authorizing Creation of Regional Housing Trust and Documenting Funding Allocations), 3. Lake County Regional Housing Trust Fund 10.31.pdf

Memorandum

 

 

Date:                                          November 5, 2024

 

To:                                          The Honorable Lake County Board of Supervisors

 

From:                                          Susan Parker, County Administrative Officer

Lisa Judd, Deputy County Administrative Officer - Housing

 

Subject:                     Consideration of Presentation Regarding Ongoing Development of a Lake County Regional Housing Trust Fund

 

Executive Summary:

As your Board is aware, availability and supply of quality housing for all income levels is a need in Lake County.  The lack of it may affect the capacity of local businesses and County government to maintain quality staff and limit economic opportunity in our region.  Your Board’s Legislative Priorities include “[Providing] new housing at all income levels.”

 

The County Administrative Office is very pleased to provide a presentation regarding ongoing development of a Lake County Regional Housing Trust Fund.  Presentations will additionally be made to the Clearlake (November 7) and Lakeport (November 19) City Councils this month.

 

Drafts of the proposed Memorandum of Understanding (MOU) and Resolution to create the Lake County Regional Housing Trust Fund are included for your review (and public inspection), only; final versions will be brought to your Board for formal approval December 10, 2024.

 

If not budgeted, fill in the blanks below only:

Estimated Cost: ________ Amount Budgeted: ________ Additional Requested: ________ Future Annual Cost: ________ 

 

Purchasing Considerations (check all that apply):                                           Not applicable

Fully Article X. <https://library.municode.com/ca/lake_county/codes/code_of_ordinances?nodeId=COOR_CH2AD_ARTXPU_S2-38EXCOBI>- and/or Consultant Selection Policy <http://lcnet.co.lake.ca.us/Assets/Intranet/Policy/Policies+$!26+Procedures+Manual/Ch4_2021v2.pdf>-Compliant (describe process undertaken in “Executive Summary”)                     

Section 2-38 <https://library.municode.com/ca/lake_county/codes/code_of_ordinances?nodeId=COOR_CH2AD_ARTXPU_S2-38EXCOBI> Exemption from Competitive Bidding (rationale in “Executive Summary,” attach documentation, as needed)                     

For Technology Purchases: Vetted and Supported by the Technology Governance Committee <http://lcnet.co.lake.ca.us/Assets/Intranet/Intranet+Forms/Information+Technology/AdvPlan.pdf> (“Yes,” if checked)

Other (Please describe in Executive Summary)

 

Consistency with Vision 2028 <http://www.lakecountyca.gov/Government/Directory/Administration/Visioning/Vision2028.htm> (check all that apply):                                                                Not applicable

Well-being of Residents                                           Public Safety                                                                Disaster Prevention, Preparedness, Recovery                     

Economic Development                                           Infrastructure                                                                County Workforce                     

Community Collaboration                      Business Process Efficiency                      Clear Lake                                                               

 

Recommended Action: 

 

Direction to staff to proceed with creation of a Lake County Regional Housing Trust Fund.