Prohousing
Designation
• Designation
• PIP Grant
• Use of Funds
•1 st Amendment
Prohousing
Designation • Affordable housing grants are
competitive
• Affordable housing developers
need grants
• Designation gives the City
higher scores:
• InterCity Rail Capital
Program
• Transformative Climate
Communities
• Affordable Housing &
Sustainable Communities
• Infill Infrastructure Grant
• HCD adding Prohousing
Designation points for other
grants
Increases Scores in Affordable Housing Grants
Prohousing
Incentive Pilot
Program
(PIP)
• Grant to Encourage Application
• City Scored 59 points for
Prohousing
• Eligible for up to $1M
Eligible Uses of Grant
• The development, acquisition, rehabilitation, and preservation of rental housing for extremely low to moderate-income
• Affordable rental and ownership for those up to 120 % of AMI • Matching portions of funds placed into local or regional housing trust funds.
• Matching portions of funds available through the Low- and Moderate- Income Housing Asset Fund pursuant to subdivision (d) of Section 34176 of the Health and Safety Code.
• Capitalized reserves for services for new permanent supportive housing
• Accessibility modifications.
• Assisting those at risk of hom elessness, including rental assistance, and the new construction, rehabilitation, and preservation of permanent and transitional housing.
• Acquire and rehabilitate foreclosed or vacant homes.
• Homeownership opportunities, including down payment
assistance.
• Fiscal incentives or matching funds to local agencies that approve new housing for extremely low to moderate-income households.
Council Actions
Resolution Authorizing Application to
Prohousing Designation
Resolution Authorizing Application to PIP Grant
Provide Staff Direction on Use of PIP Grant
Authorizing 1st Amendment to Agreement with
RSG –Prohousing consultant