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Resolution - Budget

Alameda City Council
October 18, 2022

Document
Resolution - Budget
Meeting
October 18, 2022
Body
Alameda City Council
Original file
122 KB
Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

CITY OF ALAMEDA RESOLUTION NO. ______

AMENDING THE PERMANENT LOCAL HOUSING ALLOCATION
(PLHA) FIVE YEAR PLAN GRANT BUDGET (G24010) TO INCREASE 2020 ALLOCATION REVENUES AND EXPENDITURES IN THE
AMOUNT OF $ 309,728 AND TO INCREASE 2021 ALLOCATION
REVENUES AND EXPENDITURES IN THE AMOUNT OF $396,985

WHEREAS, the State of California (State) Department of Housing and Community Development (HCD) is authorized to provide up to $335 million under the Senate Bill 2 (SB 2) Permanent Local Housing Allocation (PLHA) program Formula Component from the Building Homes and Jobs Trust Fund for assistance to Cities and Counties (as described in Health and Safety Code section 50470 et seq. (Chapter 364, Statutes of 2017 (SB 2)); and

WHEREAS, HCD issued a Notice of Funding Availability (NOFA) dated August 17, 2022 under the PLHA program; and

WHEREAS, the City of Alameda (“City”) is an eligible Local government that has applied for program funds to administer one or more eligible activities, o r a Local or Regional Housing Trust Fund to whom an eligible Local government delegated its PLHA formula allocation; and

WHEREAS, HCD may approve funding allocations for the PLHA program, subject to the terms and conditions of the PLHA Guidelines (Guideli nes), NOFA, program requirements, the PLHA Standard Agreement, and other contracts between HCD and PLHA grant recipients; and

WHEREAS, City staff anticipate HCD approval of an increase to the allocation of PLHA funds to the City of Alameda, increasing the expected 2020 allocation from $558,765 to $868,493 resulting in an increase in funding of $309,728 and increasing the expected 2021 allocation from $558,765 to $955,750, resulting in an increase in funding of $396,985; and

WHEREAS, the City hereby agrees to use the PLHA funds for eligible activities as approved by the Department and in accordance with all Program requirements, Guidelines, other rules and laws, as well as in a manner consistent and in compliance with the Standard Agreement and other contracts between the City and HCD; and

WHEREAS, if the City receives a grant of PLHA funds from HCD pursuant to the above referenced PLHA NOFA, it represents and certifies that it will use all such funds in a manner consistent and in compliance with all applicable state and federal statutes, rules, regulations, and laws, including without limitation all rules and laws regarding the PLHA program, as well as any and all contracts the City may have with the Department; and
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WHEREAS, Dignity Village will provide 47 units of interim supportive housing and is need of additional funding to resolve a funding gap; and

WHEREAS, City staff recommend allocating increased funding from PLHA to Dignity Village; and

WHEREAS, staff is proposing that the PLHA Five Year Plan Grant (G24010) budget in the Grants Fund (222) be adjusted as follows:

Allocation
Year
Anticipated
Annual
Allocation
Revised
Expected
Allocation
Increase in
Allocation
Increase in
Programmatic
Commitments
Net (Revenue
Less
Expense)
2020 $558,765 $868,493 $309,728 ($309,728) 0
2021 $558,765 $955,750 $396,985 ($396,985) 0
TOTAL $1,117,530 $1,824,243 $706,713 ($706,713) 0

WHEREAS, the City Council has considered the report and recommendations of the City Manager on the budget amendments and has determined that the budget amendments are both fair and appropriate; and

WHEREAS, this budget ensures that the City of Alameda has exercised prudent judgment in its fiduciary responsibility as guardian of the public tax dollars.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that the budget amendments to the PLHA Five Year Plan is approved, by increasing revenues and expenditures associated with the 2020 allocation by $ 309,728 and by increasing revenues and expenditures associated with the 2021 allocation by $396,985.

* * * * * * *

I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 18th day of October 2022, by the following vote to wit:

AYES:

NOES:

ABSENT:

ABSTENTIONS:

IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 19th day of October 2022.

Lara Weisiger, City Clerk
City of Alameda

Approved as to form:

Yibin Shen, City Attorney
City of Alameda

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