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Public Hearing HOME Investment Partnerships CC 5.4.22

Corona City Council
May 4, 2022

Document
Public Hearing HOME Investment Partnerships CC 5.4.22
Meeting
May 4, 2022
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Corona City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on corona.legistar1.com. That file is the official record.

HOME-ARP
Allocation Plan
Anne Turner, Community Services Director
Cynthia Lara, Community Assistance
Manager
May 4, 2022
HOME Investment Partnerships
Program - American Rescue Plan Act
Topics Covered
▪ HOME-ARP
▪ City’s Allocation
▪ Draft Allocation Plan
▪ Questions
2 HOME-ARP Funding
3 HOME
-ARP Background
• The 2021 American Rescue Plan (ARP)
stimulus bill included $5 billion of HOME-ARP
funds
• The funding is to assist individuals or
households who are homeless, at risk of
homelessness, and other vulnerable
populations
• HOME Program Participating Jurisdictions
(PJs) including the City of Corona were
eligible to receive a one-time HOME-ARP
grant
4 Qualifying Populations • Homeless • Lacks a fixed, regular, and adequate nighttime residence
• Will imminently lose primary night-time residence
• Unaccompanied youth or families with housing
instability
• Fleeing or attempting to flee domestic violence,
dating violence, sexual assault, stalking, or
human trafficking
• At-risk of homelessness
• Other populations… • Households requiring assistance to prevent return to homelessness
• At risk of housing instability
5 Eligible Uses
• Acquisition and development of noncongregate shelter • HOME-ARP rental housing
• Supportive services
• Tenant-based Rental Assistance (TBRA)
• Nonprofit operating and capacity building
assistance
• Administration and planning
6 7
Consultation Process
HUD required consultation with service providers
whose clientele fit into the HOME-ARP Qualifying
Populations, including: • Homeless Continuum of Care • Homeless and domestic violence service providers
• Veterans’ groups • Public housing agencies • Public agencies that address the needs of qualifying populations
• Public or private organizations that address
fair housing, civil rights, needs of persons
with disabilities
Allocation
HOME Investment Partnerships
American Rescue Plan
(HOME-ARP)
8 $ 1,799,854
$89,992 • 5% Administration/Planning (available now)
$179,985 • 10% Administration/Planning (available after HUD accepts the Allocation Plan)
$1,529,875 • 85% Program Funds (available after HUD
accepts the Allocation Plan)
9 Draft Allocation Plan
Proposed uses of HOME-ARP funds
10 Proposed Uses of
HOME-ARP Funding
11 Permanent Supportive Housing $1,529,875
Administration & Planning $269,979
Funding Available $1,799,854
Proposed Uses of
HOME-ARP Funding
12 Buena Vista Avenue and Second Street project:

Development of permanent supportive housing
units
Funds will be used only for the construction of the
Permanent Supportive Housing portion of the
project
Questions
13

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