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Slides for PLHA 10.11.2022 Updated

Fort Bragg City Council
October 11, 2022

Document
Slides for PLHA 10.11.2022 Updated
Meeting
October 11, 2022
Body
Fort Bragg City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

STATE OF CALIFORNIA

HOUSING & COMMUNITY DEVELOPMENT

PERMANENT LOCAL HOUSING

ALLOCATION GRANT PROGRAM
October 11, 2022
L. Peterson / S. McCormick

PERMANENT LOCAL HOUSING ALLOCATION
• What is PLHA?
• $75 real estate document fee
• 70% of revenues from the fee are allocated to PLHA
• Two types of PLHA:
• Competitive Grants & Formula Allocation Grants
• Goal of PLHA:
• Administer locally affordable housing

CITY OF FORT BRAGG ALLOCATION
• Estimated 5 year maximum: $641,136
Calendar Year
Funds
Formula Allocation
Amount
Allowable Local
Admin
Expenditure
Deadline
2019 $106,856 $5,343 4/30/2024
2020 $163,507 $8,175 4/30/2025
2021 $142,814 $7,141 4/30/2026
2022 TBD TBD 4/30/2027
2023 TBD TBD 4/30/2028

NEXT STEPS
• Receive Public Input
• Approve Resolution
• Application Submittal by November 30, 2022
• Award announcements expected by February 2023

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