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agenda-report 24-15 : A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIPON APPROVING PARTICIPATION IN THE SAN JOAQUIN REGIONAL HOUSING FUND ON BEHALF OF THE SAN JOAQUIN COUNTY MEMBER AGENCIES

Ripon City Council
June 11, 2024

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agenda-report 24-15 : A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIPON APPROVING PARTICIPATION IN THE SAN JOAQUIN REGIONAL HOUSING FUND ON BEHALF OF THE SAN JOAQUIN COUNTY MEMBER AGENCIES
Meeting
June 11, 2024
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Ripon City Council
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Text extracted from the city's file for reading and search. Open the original on riponcityca.iqm2.com. That file is the official record.

City Council
259 N. Wilma Avenue
Ripon, CA 95366
MEMO
To: Honorable City Council
From: Kevin Werner, City Administrator
Date: 06/11/2024
Subject: Support of SJCOG Housing Trust Fund
RECOMMENDED ACTION:

This resolution approves participation in the San Joaquin Regional Housing Fund administered by San Joaquin Council of Governments Board of Directors in order to improve the region’s opportunities for State and Federal grants.

BACKGROUND:

In October 2023, the San Joaquin Council of Governments (SJCOG) Board of Directors approved the creation of a 501(c)(3) non-profit corporation to implement a regional housing trust fund and to develop and submit required documents to the appropriate state and federal agencies.

Now known as the San Joaquin Regional Housing Fund Inc. (“Housing Fund”), the creation of this regional entity is intended as a tool to accelerate housing production, boost current local housing activities, and leverage other state and federal funding opportunities.

DISCUSSION:

SJCOG is requesting that each Member Agency adopts a resolution committing to participate in the governance and operation of the Housing Fund. By all jurisdictions participating, it would put the region in the best competitive position for successful grant applications.

This resolution identifies the commitment of the City of Ripon to participate in the governance and operational activities, as described below:

1. Agrees that any participation in any application made by the Housing Fund for available funds will be in a manner consistent with the relevant funding source requirements, public or private, the most current Guidelines adopted by the California Department of Housing and Community Development, when applicable, and Housing Fund requirements; and

2. Commits to providing documentation for completed projects that were funded in cooperation with the Housing Fund and other deliverables in a manner consistent with the California Department of Housing and Community Development, or other applicable fund source, and Housing Fund requirements, and

3. Agrees that prior to participating in any funding or project in coordination with the Housing Fund that the City of Ripon’s legislative body shall consider for approval a cooperative agreement between the Housing Fund and the City of Ripon.

FISCAL IMPACT:

At this time, there is no fiscal impact with the City of Ripon’s involvement in the Housing Fund.

RESOLUTION NO. 24-15

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

RIPON APPROVING PARTICIPATION IN THE SAN

JOAQUIN REGIONAL HOUSING FUND ON BEHALF OF THE

SAN JOAQUIN COUNTY MEMBER AGENCIES
WHEREAS, on October 26, 2023, the San Joaquin Council of Governments (“SJCOG”) authorized SJCOG staff to form a non-profit public benefit corporation as an eligible regional housing trust fund applicant for available funding and matching grants to expand sources of funding for housing as described in the Guidelines adopted by the California Department of Housing and Community Development in accordance with California Health and Safety Code sections 50842.1 et seq.; and
WHEREAS, the San Joaquin Regional Housing Fund (the “Fund”) was formed and established in March 2024; and
WHEREAS, the Fund’s board of directors will be the SJCOG Board of Directors, and will carry out the responsibility for the Fund’s governance and administration of the funds allocated and establishing necessary procedures to fulfill the Fund’s purpose; and WHEREAS, the specific purpose of the Fund shall be to provide planning, financing, and other services to increase housing opportunities for extremely low-, very low-, low- and moderate-income households (including individuals experiencing homelessness) to obtain decent, safe, and sanitary affordable rental and ownership housing throughout San Joaquin County, California; and
WHEREAS, the Fund intends to fulfill its purpose through collaboration with local municipal, county and other jurisdictions, as well as the private and philanthropic sectors (collectively referred to as “Collaborators”); and
WHEREAS, Collaborators and the Fund will assist in the provision of such planning, services and financing, leveraging and participating in local, state, federal, and private financing programs that assist extremely low-, very low-, low- and moderate-income households (including individuals experiencing homelessness) in obtaining such affordable housing; and WHEREAS, the Fund intends to also engage in other charitable and educational activities associated with this goal as allowed by law; and
WHEREAS, SJCOG and participating Member Agencies, will conduct planning and implementation activities that will accelerate housing production and housing-related initiatives.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ripon approves participation in the San Joaquin Regional Housing Fund on behalf of the San Joaquin County Member Agencies and:

1. Agrees that any participation in any application made by the San Joaquin Regional Housing Fund for available funds will be in a manner consistent with the relevant funding source requirements, public or private, the most current Guidelines adopted by the California Department of Housing and Community Development, when applicable, and San Joaquin Regional Housing Fund requirements; and

2. Commits to providing documentation for completed projects that were funded in cooperation with the San Joaquin Housing Fund and other deliverables in a manner consistent with the California Department of Housing and Community Development, or other applicable fund source, and San Joaquin Regional Housing Fund requirements, and

3. Agrees that prior to participating in any funding or project in coordination with the San Joaquin Regional Housing Fund that the City of Ripon’s legislative body shall consider for approval a cooperative agreement between the San Joaquin Regional Housing Fund and the City of Ripon.

PASSED AND ADOPTED at a regular meeting of the City Council of the City of Ripon this 11th day of June, 2024, by the following vote:

RESULT: ADOPTED AS AMENDED BY CONSENT VOTE [UNANIMOUS]
MOVER: Daniel de Graaf, Vice Mayor
SECONDER:Michael Restuccia, Council Member
AYES: Zuber, de Graaf, Barton, Uecker, Restuccia

THE CITY OF RIPON,
A Municipal Corporation
By ________________________________
LEO ZUBER, Mayor
ATTEST:

By: ___________________________
LISA ROOS, City Clerk

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