1 CITY OF ALAMEDA RESOLUTION NO. _____
AMENDING THE PERMANENT LOCAL HOUSING ALLOCATION
(PLHA) FIVE-YEAR PLAN GRANT BUDGET (G24010) TO INCREASE 2022 ALLOCATION REVENUES AND EXPENDITURES IN THE
AMOUNT OF $479,024
WHEREAS, on June 18, 2024, the City Council did adopt a budget representing the financial plan for conducting the affairs of the City of Alameda for the Fiscal Year beginning July 1, 2024 and ending June 30, 2025; and
WHEREAS, the State of California (State) Department of Housing and Community Development (HCD) is authorized to provide up to $ 296 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. (Cha pter 364, Statutes of 2017 (SB 2); and
WHEREAS, HCD issued a Notice of Funding Availability (NOFA) dated December 29, 2023 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, or 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 PLHA program, subject to the terms and conditions of the PLHA Guidelines (Guidelines), NOFA, program requirements, the PLHA Standard Agreement, and other contracts between HCD and PLHA grant recipients; and
WHEREAS, City staff anticipates HCD approval of an increase to the allocation of PLHA funds to the City of Alameda, increasing the 2022 allocation to $479,024; 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
2 WHEREAS, staff is proposing that the PHLA Five Year Plan Budget be adjusted as follows:
Fiscal
Year
Anticipated
Annual
Allocation
Revised
Expected
Allocation
Increase in
Allocation
Increase in
Programmatic
Commitments
Net (Revenue
Less Expense)
2022 $0 $479,024 $479,024 $479,024 0
TOTAL $0 $479,024 $479,024 $479,024 0
and
WHEREAS, the 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 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 2022 allocation by $479,024.
3 * * * * *
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 17th day of September 2024, by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 18th day of September 2024.
_____________________
Lara Weisiger, City Clerk
City of Alameda
APPROVED AS TO FORM:
______________________
Yibin Shen, City Attorney
City of Alameda