Memorandum
Date: December 10, 2024
To: The Honorable Lake County Board of Supervisors
From: Susan Parker, County Administrative Officer
Lisa Judd, Deputy County Administrative Officer - Housing
Subject: a) Consideration of Resolution and MOU to create the Lake County Regional Housing Trust Fund (LCRHTF); and b) Consideration of Direction to staff regarding the Allocation of Remaining Permanent Local Housing Allocation (PLHA) Program Funds for the Lake County Regional Housing Trust Fund for years 2021, 2022 and 2023
Executive Summary:
Staff would like to request the Board approve the creation of the Lake County Regional Housing Trust Fund via the Resolution and Memorandum of Understanding between the County of Lake, Lakeport and Clearlake. The Housing Action and Implementation Plan (HAIP) and the Regional Housing Needs Assessment (RHNA) are both regional approaches to addressing housing needs in Lake County therefore it follows that the Housing Trust Fund should also be at a regional level to promote greater collaboration and pooling of resources to address critical housing needs that encompass the entirety of Lake County.
The Lake County Regional Housing Trust Fund (LCRHTF) is funded by with $1,000,000.00 of General Funds and $1,000,000.00 American Rescue Plan Act of 2021 (ARPA) Funds, Fund 417. With direction from the Board, the Permanent Local Housing Allocation (PLHA) funds in the amount of $847,981.00 for years 2021, 2022 and 2023, will be allocated to the LCRHTF pending HCD approval.
At its meeting on June 28, 2022, the Board adopted Resolution 2022-76, authorizing the application for the Permanent Local Housing Allocation (PLHA) Program for the Collier Avenue Apartment Project for the years 2019, 2020 and 2021. The PLHA Program is a five-year funding program. While the 2019 and 2020 funds were expended for the Collier Avenue Apartment Project, staff requests that the Board give direction for the 2021, 2022, and 2023 allocation in the amoun...
Click here for full text