Submit Application and Amend
the
City’s PLHA
Plan
Rod Powell, Planning Manager
City Council
October 18, 2022
Executive Summary/Background
Senate Bill 2 (SB-2) established a permanent source of funding for affordable housing (PHLA)
The City was awarded $1,006,847 in the first year (2019) and $1,564,592 in the second year (2020).
The City is eligible for $1,722,182 in the third year (2021) but needs to submit application and amend their 5-Year PLHA Plan.
Executive Summary/Background
PLHA Plan amendment to the allocation percentages in years 2 and 3 due to the commitment of PLHA funds to Homekey projects.
Step Up in Sanborn Step Up in Fairview
58 Units
$1,014,000 PLHA Funds
Supportive Services / Rental Subsidies
43 Units
$220,000 PLHA Funds
Supportive Services / Rental Subsidies
Discussion
–
Current 5
-
Year PHLA Plan
City of Salinas HCD PLHA Activities (Years
1 -
5 Allocation)
Activity Description
Percent Budget Per Year
1 2
3 4
5 Program Administration
5%
5%
5%
5%
5%
Development of multifamily rental at 60% or below AMI
75%
40%
50%
40%
40%
ADU Financing – Grants & Loans
0%
10%
0%
10%
10%
Matching Funds for Local Housing Trust Funds.
0%
30%
30%
30%
30%
Homeless Services – Rapid Rehousing, Rental Assistance, Case Management & Housing Navigation, Navigation Centers &
Emergency Shelters, Transitional & Permanent Supportive Housing 20%
15%
15%
15%
15%
Totals
100%
100%
100%
100%
100%
Discussion
–
Amended 5
-
Year PHLA Plan
City of Salinas HCD PLHA Proposed Activities (Years
1 -
5 Allocation)
Activity Description
Percent Budget Per Year
1 2
3 4
5 Program Administration
5%
5%
5%
5%
5%
Development of multifamily rental at 60% or below AMI
75%
0%
70%
40%
40%
ADU Financing – Grants & Loans
0%
10%
0%
10%
10%
Matching Funds for Local Housing Trust Funds.
0%
0%
0%
30%
30%
Homeless Services – Rapid Rehousing, Rental Assistance, Case Management & Housing Navigation, Navigation Centers &
Emergency Shelters, Transitional & Permanent Supportive Housing 20%
85%
25%
15%
15%
Totals
100%
100%
100%
100%
100%
Next Steps
City Council consideration scheduled for Oct. 18, 2022 2022 PLHA Application and Amendment of PLHA Plan to HCD for review and approval.
Questions
&
Comments