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Item 7.3 Presentation - PRICE Council Presentation.pdf

Chula Vista City Council
May 28, 2024

Document
Item 7.3 Presentation - PRICE Council Presentation.pdf
Meeting
May 28, 2024
Body
Chula Vista City Council
Original file
1.5 MB
Text extracted from the city's file for reading and search. Open the original on pub-chulavista.escribemeetings.com. That file is the official record.

Empower individuals & families ● Build community resilience ● Promote housing opportunities ● Enhance quality of life

HOUSING &

HOMELESS SERVICES
Item 7.3 Public Hearing:

FY2023 Preservation and Reinvestment Initiative for
Community Enhancement (PRICE) Application
Presented by:

Mark Barnard, Management Analyst II
Carlos Rodriguez, Management Analyst II

HOUSING &

HOMELESS

SERVICES
PRICE Funding
• Designed to help cities preserve
manufactured housing
communities
• $235 Million available in a new
competitive funding
opportunity
• 25 awards to local governments

HOUSING &

HOMELESS

SERVICES
Chula Vista’s Need
• 31 Mobilehome parks
• 52% Senior Parks
• Mobilehome parks are
primarily located in
low-income areas

HOUSING &

HOMELESS

SERVICES
PRICE Application Target Area
• Census tract 125.01
• Racially/Ethnically
Concentrated Area of
Poverty (R/ECAP)
• 6 mobilehome parks
comprising more than
600 manufactured
housing units

HOUSING &

HOMELESS

SERVICES
PRICE Request
Proposed
Activities:

1. Expansion of the
Community Housing
Program (CHIP);

2. Replace manufactured
housing units built prior
to 1976; and

3. Offer forgivable loans for
infrastructure and
facilities improvements.

Empower individuals & families ● Build community resilience ● Promote housing opportunities ● Enhance quality of life

HOUSING &

HOMELESS

SERVICES
$100,000 - $120,000 per year
Mobilehome (80%)
o $10,000 per unit (maximum)
o 8 – 10 units per year
Single-family residences (20%)
o $24,999 per residence
(maximum)
o 1-2 homes per year
Requested Amount: $1,562,500
$1,200,000 for 3 years
o 60 units (20 per year)
o $20,000 per unit (maximum)
$362,500 for 5 years
o Legal Fees
o Administration (Staff Time)
o HQS Inspections
o Marketing

1. Community Housing Improvement Program
(CHIP)

MATCHING/CURRENT

FUNDING

PRICE REQUESTED

FUNDING

HOUSING &

HOMELESS

SERVICES
Requested Amount: $5,738,773
$4,628,250 to replace manufactured housing
units built before 1976
oDelivery and Replacement of 30 units
oResident Relocation (if needed)
oDemolition and Removal
oInspections/Permits
oSet-up/Utility Connection
$1,110,523 for Staff Administration (5 years)

2. Manufactured Home Replacement

HOUSING &

HOMELESS

SERVICES
Requested Amount: $3,000,050
Forgivable loans to owners of mobilehome
parks for infrastructure and facilities
improvements
• Examples:
o Sewer/waterline upgrades
o Park Utility Conversion
o Broadband Deployment/Improvement
o Hazard Risk Mitigation
o Common area improvements
• Outreach initiative to assess park owners'
interest and needs

3. Infrastructure and Facilities Improvement

HOUSING &

HOMELESS SERVICES
Public Hearing
FY23
PRICE

APPLICATION
$10,301,323

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