PERMANENT LOCAL HOUSING ALLOCATION (PLHA) PIBLIC COMMENT PERIOD AND NOTICE OF PUBLIC
HEARING
Senate Bill 2 (SB2), known as the Building Homes and Jobs Act, established the Permanent Local Housing Allocation (PLHA) Program and instituted a $75 recording fee on real estate transactions. Its goal is to provide a permanent source of funding to cities and counties to help meet the unmet need for affordable housing and increase the supply of affordable housing units. For entitlement jurisdictions such as the City of Pomona, the amount of PLHA funding is based on the formula funding for the Community Development Block Grant (CDBG) Program for a 5-year period. In this regard, the City is eligible to receive $6,410,670 over 5 years.
To receive the funds, the City must submit a 5-Year PLHA Plan City that describes the following: a) manner in which PLHA funds will be used; b) how investments will be prioritized to increase the supply of housing for households at or below 60% of the area median income; c) how the Plan is consistent with the programs set forth in the City’s Housing Element; and d) evidence that the Plan was approved and adopted by the City of Pomona Council.
The City Council approved and adopted the PLHA 5-Year Plan on July 20, 2020. The Plan distributed the PLHA annual allocation between two (2) eligible activities: a) the predevelopment, development, acquisition and rehabilitation of affordable rental and ownership housing, including Accessory Dwelling Units (ADUs); and, 2) Homeownership opportunities, including down payment assistance. On August 2, 2021, the City Council approved an amendment to the 5 Year PLHA Plan to add another activity: matching portion of funds to the San Gabriel Regional Housing Trust Funds. Beginning Year 2, the Plan re-allocated 40% of the annual funding to this activity.
The City is now amending the PLHA Plan for years 2020, 2021, 2022 and 2023, with funding amounts provided as follows:
2020 PLHA Funding Allocation $ 1,660,695
2021 PLHA Funding Allocation $ 1,827,453
2022 PLHA Funding Allocation $ 915,970
2023 Approximate Funding Allocation $ 938,107
Approximate PLHA Formula 5 -Year
Allocation
$ 6,410,670
The Plan amendment re-allocates the percentage of funding allocated annually across the 3 PLHA eligible activities annually.
The Plan amendment for years 2020, 2021, 2022 and 2023 is enclosed for public comment from March 14, 2024 through April 12, 2024. Public comments should be submitted no later than 6:00 p.m. on April 12, 2024 to Maria Siacunco, Housing Services Manager at [email protected] or by mail at:
ATTACHMENT 3
PERMANENT LOCAL HOUSING ALLOCATION (PLHA) PIBLIC COMMENT PERIOD AND NOTICE OF PUBLIC HEARING, page 2
Maria Siacunco
Neighborhood Housing Services – Housing Services Division City of Pomona
505 S. Garey Avenue
Pomona, CA 91766
A public hearing on the PLHA 5-Year Plan amendment will be held during the City Council meeting on April 15, 2024, 7:00 p.m. at the Council Chambers.