Housing Authority
City Council
This is a meeting of the Housing Authority of the City of Sacramento and the City Council of the City of Sacramento sitting concurrently. The Housing Authority of the City of Sacramento was established in 1939 pursuant to California law and is a public body corporate and politic, making it an entity independent of the City. The City Council, as the governing body of the City of Sacramento, has declared itself to be the governing board of the Housing Authority. The board of the Housing Authority and the City Council are comprised of the same members but govern two separate and distinct entities. As a benefit to the public, Housing Authority meetings are held concurrently with City Council meetings to conduct both Housing Authority business and the City of Sacramento business that relates to the Housing Authority.
In compliance with AB361 and the Resolution Declaring the Existence of a Local Emergency Relating to the COVID-19 Pandemic, adopted by the City of Sacramento City Council, City Council and other public meetings are currently Teleconference Meetings Only to align with local and federal guidelines and social distancing recommendations for the containment of the coronavirus.
Join this meeting via Zoom:
https://cityofsacramento-org.zoom.us/j/98316981872?pwd=eHBBb20rY29idkZBN0NML0crWlJOdz09 Webinar ID: 983 1698 1872
Passcode: 802467
Dial in via telephone: 888 788 0099 (Toll Free) – Meeting ID: 983 1698 1872 # # How to Submit Written Comments:
Written comments received are distributed to members, filed in the record, and will not be read aloud. Members of the public are encouraged to submit public comments electronically via eComment through the City’s official website at https://meetings.cityofsacramento.org
or via email at [email protected].
How to Watch or Listen to Housing Authority/City Council:
City Council meetings are broadcast live on Metrocable, Channel 14, AT&T Broadband Cable System and/or rebroadcast on the Saturday following the date of the meeting. The live meeting broadcast on Metro Cable channel 14 can also be heard free on KUBU radio, 96.5 FM. Live video streams and indexed archives of meetings are available via the City’s official website at:
https://meetings.cityofsacramento.org
eComment is set to remain open throughout the meeting.
TELECONFERENCE MEETING ONLY
AGENDA
Tuesday, March 08, 2022
City Hall Council Chamber - 915 I Street, 1st Floor, Sacramento, CA 95814 For notices and disclosures select "print agenda" below.
Published by the Office of the City Clerk
All items listed are heard and acted upon by the legislative body unless otherwise noted. eComments Report (eComments remain open through the meeting; no additional eComments received after 10:45 a.m.) 2PM Council 03082022 eComments Report as of 1045AM (PDF-555 KB) [Updated 03/08/2022 @ 10:52 a.m.] Print Meeting Agenda
Print Meeting Agenda (PDF-276 KB)
Instructions for Public Participation via Zoom
Instructions for Public Participation via Zoom (PDF-209 KB) Open Session – 2:00 p.m.
Roll Call
Land Acknowledgement
Land Acknowledgement (PDF-123)
Pledge of Allegiance
Public Hearings
1. (City Council/Housing Authority) Tax Equity and Fiscal Responsibility Act Hearing and Approval of Tax-Exempt Bonds and Loan Commitment Funds to the Mirasol Village Block D Project (Twin Rivers Phase 4) (Noticed on 2/22/2022) [Published for 10-Day Review 02/24/2022] File ID: 2022-00329 Location:
475 Pipevine Street, District 4
Recommendation:
Conduct a public hearing and upon conclusion, adopt: 1) a City Council Resolution indicating the City Council has conducted a Tax Equity and Fiscal Responsibility Act (TEFRA) public hearing related to the proposed construction and financing of the Mirasol Village Block D (Block D) (Project) and approving the issuance of tax-exempt bonds by the Housing Authority of the City of Sacramento (Housing Authority); 2) a City Council Resolution a) amending the Sacramento Housing and Redevelopment Agency (SHRA) budget to allocate up to $7 million comprised of $3.3 million in Permanent Local Housing Allocation (PLHA) funds, $1.4 million in Mixed Income Housing Funds (MIHF), $1.4 million in Housing Trust Funds (HTF) and $900,000 in Housing Opportunities for Persons with AIDS (HOPWA) funds for the purpose of construction and permanent financing of the Project, b) approving the Conditional Loan Commitment (Commitment), c) authorizing SHRA to execute and transmit the Commitment to Twin Rivers Phase 4, L.P. (McCormack Baron Salazar) or related entity (Developer) for the Project, d) authorizing SHRA to negotiate, enter into, execute and amend from time to time a funding agreement comprised of up to $7 million in PLHA, MIHF, HTF and HOPWA funds and related documents for the construction and permanent financing of the Project with the Developer and execute other documents, as approved to form by its Office of the General Counsel (Counsel), and perform other actions required for the PLHA, MIHF, HTF and HOPWA program funds, including without limitation, negotiation, subordination, regulatory agreements, financial restructuring, and extensions, consistent with its adopted policy and with this resolution, e) designate the Housing Authority of the County of Sacramento (HACOS) to negotiate, enter into, execute and amend from time to time a funding agreement comprised of up to $2 million in Choice Neighborhoods Implementation (CNI) funds and related documents for the construction and permanent financing of the Project with the Developer and execute other documents, as approved to form by its Counsel, and perform other actions required for the CNI program funds, including without limitation, negotiation, subordination, regulatory agreements, financial restructuring, and extensions, consistent with its adopted policy and with this resolution, and f) making related findings; 3) a Housing Authority Resolution a) amending the Housing Authority budget to allocate up to $3 million in Housing Authority Funds (HAF) for the purpose of construction and permanent financing of the Project, b) approving the Commitment, c) authorizing the Executive Director, or her Designee, to execute and transmit the Commitment to the Developer for the Project, d) authorizing the Executive Director, or her Designee, to negotiate, enter into, execute and amend from time to time a funding agreement comprised of up to $3 million in HAF and related documents for the construction and permanent financing of the Project with the Developer and execute other documents, as approved to form by its Counsel, and perform other actions required for the HAF, including without limitation, negotiation, subordination, regulatory agreements, financial restructuring, and extensions, consistent with its adopted policy and with this resolution, and e) making related findings; and 4) a Housing Authority Resolution a) indicating the intention of the Housing Authority to issue up to $38 million in tax exempt mortgage revenue bonds to provide acquisition, construction and permanent financing of the Project, b) authorizing the Housing Authority to submit an application to the California Debt Limit Allocation Committee (CDLAC) for allocation authority to issue bonds, and c) authorizing the Executive Director, or designee, to execute any and all documents deemed necessary by herself or her designee and related to the transaction.
Contact:
La Shelle Dozier, Executive Director, [email protected], (916) 440-1319; Christine Weichert, Director, (916) 440-1353, [email protected], Sacramento Housing and Redevelopment Agency 2PM Item 01 - (City Council - Housing Authority) Tax Equity and Fiscal Responsibility Act Hearing and Approval of Tax-Exempt Bonds and Loan Commitment Funds (PDF-4622 KB) 2PM PRESENTATION Item 01 - (City Council - Housing Authority) Tax Equity and Fiscal Responsibility Act Hearing and Approval of Tax-Exempt Bonds and Loan Commitment Funds (PDF-2494 KB) [Updated 03/09/2022 @ 12:45 p.m.] Councilmember Ashby
Councilmember Harris
Public Comment on Item 01 from Daphne
Councilmember Harris
Councilmember Valenzuela
Councilmember Jennings
Mayor Steinberg
Councilmember Ashby
Vote on Item 01
Discussion Calendar
2. (Housing Authority) Rental Assistance Demonstration (RAD) Program Update File ID: 2022-00496 Location:
Citywide
Recommendation:
Receive and file.
Contact:
Mark Hamilton, Director of Maintenance and RAD, (916) 449-6248, [email protected]; Cecette Hawkins, RAD Project Manager, (916) 449-6218, [email protected], Sacramento Housing and Redevelopment Agency 2PM Item 02 - (Housing Authority) Rental Assistance Demonstration (RAD) Program Update (PDF-708 KB) 2PM PRESENTATION Item 02 - (Housing Authority) Rental Assistance Demonstration (RAD) Program Update (PDF-25128 KB) [Updated 03/09/2022 @ 12:58 p.m.] Councilmember Valenzuela
Mayor Steinberg
Housing Authority / Council Comments-Ideas, Questions, AB1234 Reports, and JPA/Board and Commission Appointments Executive Director’s Report
Public Comments-Matters Not on the Agenda
Adjournment