Governor Gavin Newsom
Tomiquia Moss, Secretary
Business, Consumer Services and Housing Agency
NOFA Release: July 9th , 2024
Website for Local Housing Trust Fund
Program Email: [email protected]
Gustavo Velasquez, Director
Department of Housing and Community Development
651 Bannon Street, Sacramento, CA 95811
Local Housing Trust Fund (LHTF) Program
Application
2024 Notice of Funding Availability
State of California
Rev. 5/2024
DRAFT
Proposed Activity Timeline - provide a timeline of implementation of your Project(s) (§101(g), (1)(2)(3)&(4)) The City
Zip Code:
Amount of LHTF Program Funds Requested
Full Trust Fund Name:
Salinas
(a) The minimum application request shall be $1 million with a max request of $5 million. $1,642,314 93901
Trust Fund Type: (a) Existing Local Housing Trust Fund (or Existing Regional Housing Trust Fund) Date Established 5/2/23
State: CA Zip Code:200 Lincoln Ave.
The City
When will you issue
commitments?Name of Project
Amount of
Program
Funds
designated to
project:
Project Type and Activity
Amount of
Matching
Funds
designated to
project:
Rental new construction
When will you
issue a
NOFA/RFQ?
$923,000
Within 24 $719,314
When do you
anticipate
disbursement of
LHTF funds?
When will loan
closing
occur?
Rental new construction
Certifications
Within 60 months of
Within 60 months of
TBD
TBD
The City will issue
The City will issue $923,000
$719,314
Within 24
On behalf of the entity identified below, I certify that: The information, statements and attachments included in this application are, to the best of my knowledge and belief, true and correct and I Authorized Representative Printed Name Title Signature (Please Type Name) Date 9/16/2024City ManagerRene Mendez
93901State:
CA Zip Code:
Contact Email:
CA
Title:
200 Lincoln Ave. City: Salinas 93901
93901
Auth Rep Name: (831) 758-7381
Contact Name: Francisco Brambila
Rene Mendez
200 Lincoln Ave. City:
City:
Phone: (831) [email protected]
§101(dd) “Regional Housing Trust Fund” definition.
Applicant Type: (a) City
City Manager
Address: 200 Lincoln Ave.
County: Monterey
Title: Acting Planning Manager
CA
City of Salinas Local Housing Trust Fund
Trust Fund Address: City:
Trust Fund Information
State:
Rev. 5/2024
Phone:
Salinas
Salinas
[email protected] Rep. Email:
Project and Applicant Information
§102 Eligible Applicants
Applicant Name:
Applicant Information
Organization Type:
Address:
§101(p) “Local Housing Trust Fund” definition
Zip Code:State:Address:
Local Public EntityCity of Salinas Local Housing Trust
DRAFT
Total Awarded $ 3,807,248
Total
Committed $ 1,540,000
Ongoing_Rev_2
Example:
Loan Repayments
Residential local impact fees $40,000
E
xample-The public contribution will be from foreclosed
land.
Total Ongoing Revenues $100,000
Will Program Funds be used
toward administrative expenses?
(5% Maximum)
3% Yes 30%
Enter percentage of Program
Funds designated to serving
houshol
ds no higher then 30%
Area Median Income
105(c)
0%
Enter percentage of Program
Funds designated to serving
houshol
ds no higher then 120%
Area Median Income
105(d)
65%
Enter percentage of Program
Funds designated to serving
housholds no higher then 80%
Area Median Income
105(e)
§105 Eligible Uses of Funds
105(a): How will Program Funds be used by the Grantee?
Note: Please reference the 2023 LHTF NOFA (II.G.2. Rating and Ranking) for details regarding scoring Ongoing_Rev_1 Legi slation
Prohousing Incentive Program
funds Public Contributions PIP funds $50,000 Ongoing_Rev_2 Public Agreement PLHA funds $50,000
(4) A Local Housing Trust Fund or Regional Housing Trust Fund that was created, funded, and operated by a combination of two or more cities or counties, agrees to utilize Program Funds only for Eligible Projects located in cities or counties that have, at the time of application, an adopted Housing Element meeting the requirements of subparagraph (2) above, and for which the Annual Progress Report was submitted for the current or prior year by the application deadline date, as required by subparagraph (3) above? N/A Name of Matching Funds Select Type of
Matching Fund Specify Source of Funds Matching Fund Amount Required Documentation for Matching Funds New Applicants (no previous LHTF award) provide the amount of local Matching Funds that have been committed (leave blank if previously awarded) Example-
Land Donation
§102(d): Previous Awardees
§102 Eligible Applicants §103 Funding Amount
Minimums and Maximums
Applicant Type: (a) City
(a) Existing Local Housing
Trust Fund (or Existing
Re
gional Housing Trust Fund)
$1,642,314
(a)(3) The city or county has submitted to HCD the Annual Progress Report required by GC Code §65400 for the current or prior year? Yes Amount Requested:
Yes
(a)(1)(A) How was the Housing Trust Fund established?
The Housing Trust Fund utilizes a public, or joint public and private, fund established by legislation, ordinance, resolution, or a public-private partnership, to receive specific revenue to address local housing needs.
From the dropdown list please select the documentation that establishes the HTF. Please highlight the sections in your documentation that outline the reqirements below. - Language establishing the Local Housing Trust Fund
- Identify the specific revenue given to the Local Housing Trust Fund - Identify the language that states the Housing Trust Fund addresses the local housing needs - NOTE: For public RHTFs only, RHTF must include Resolution or Ordinance from each Local government entity that is a member of the RHTF Resolution
(a)(1)(B) Does the Housing Trust Fund meet the minimum Ongoing Revenue requirements? The Trust Fund is funded from Ongoing Revenues as required by the definition in §101 from Dedicated Sources of funding such as taxes, fees, loan repayments, or public or private contributions.
Please see requirements in Section 101(z).
Yes: The existing HTF meets
the Ongoing Revenues
re
quirement averaging
$100k/year for a min. of 3yrs
after Program award date
(a)(2) Does the city or county have a Housing Element that was adopted by the city or county’s governing body and determined by HCD to be in compliance with state Housing Element law pursuant to GC §65585?
Total Matching Funds $1,642,314
Uploaded to HCD?
Example-
Public Contribution
Example-
Residential Local Impact Fee Example- Residential local impact fees $3,000,000 Ent
er the dollar amount of Program Funds that have been committed from all previous LHTF awards (leave blank if not previously awarded) Matching Funds Committed
General Fund Public Contributions General Fund Revenues $923,000 Match_Fund_2 Proof of Deposit(s) General Fund
$5,000,000 Match_Fund_2
§104 Matching Funds Requirements
Ongoing Revenue
Select Type of Ongoing
Revenue Specify Source of Funds Annua l average amount
deposited into the HTF
Match_Fund_1 Upl oaded to HCD?
Loan Repayments Developer Loan $50,000 Ongoing_Rev_1 Uploaded to HCD? Example:
Taxes Taxes Upl oaded to HCD?
Name of Ongoing Revenue Required documentation for Ongoing Revenue NOTE: Executed documentation only; no drafts
Permanent Local Housing
Allocation funding Public Contributions
Public Contributions General Fund Revenues $719,314 Match_Fund_1 Proof of Deposit(s) Example-
Public Contribution
NOFA Section II(G)(1)(f) Loan Guidelines and Underwriting Standard and Procedures 105(a) 105(b)
Minimum Amount of Matching Funds $492,694 $0 $1,067,504 Total Program Funds accounted for:
100%
Applicant has adopted the Uniform Multifamily Regulations (UMRs) as their loan guidelines, underwriting standards, and procedures.
The UMRs can be found on our website at htt ps://hcd.ca.gov/grants-funding/already-have-funding/uniform-multifamily-regulations/docs/uniform-multifamily-regulations-2017.pdf Yes What is the simple interest rate for
Program Funded Loan(s)
DRAFT
DatePrinted Name Title of Signatory Signature (Please Type Name) Please provide a letter of explanation if you responded "Yes" to any of the questions above.
10. Within the past ten years, has the applicant been convicted of any felony?
11. Within the past ten years, has the applicant been convicted of any misdemeanor related to the conduct of the applicant’s business?
12. Within the past ten years, has the applicant been convicted of any misdemeanor for any financial or fraud related crime?
7. Is the applicant currently a party to, or the subject of, or been notified that it may become a party to or the subject of, any criminal litigation, proceeding, charge, complaint, examination or investigation, of any kind, involving, or that could result in, misdemeanor charges against the applicant for matters relating to the conduct of the applicant’s business?
8. Is the applicant currently a party to, or the subject of, or been notified that it may become a party to or the subject of, any criminal litigation, proceeding, charge, complaint, examination or investigation, of any kind, involving, or that could result in, criminal charges (whether felony or misdemeanor) against the applicant for any financial or fraud related crime?
9. Is the applicant currently a party to, or the subject of, or been notified that it may become a party to or the subject of, any criminal litigation, proceeding, charge, complaint, examination or investigation, of any kind, that could materially affect the financial condition of the applicant’s business?
6. Is the applicant currently a party to, or the subject of, or been notified that it may become a party to or the subject of, any criminal litigation, proceeding, charge, complaint, examination or investigation, of any kind, involving, or that could result in, felony charges against the applicant?
1. Has the applicant filed a bankruptcy or receivership case or had a bankruptcy or receivership action commenced against it, defaulted on a loan or been foreclosed against in past ten years ?
2. Is the applicant currently a party to, or been notified that it may become a party to, any civil litigation that may materially and adversely affect (a) the financial condition of the applicant’s business, or (b) the project that is the subject of the application?
3. Have there been any administrative or civil settlements, decisions, or judgments against the applicant within the past ten years that materially and adversely affected (a) the financial condition of the applicant’s business, or (b) the project that is the subject of the application?
4. Is the applicant currently subject to, or been notified that it may become subject to, any civil or administrative proceeding, examination, or investigation by a local, state or federal licensing or accreditation agency, a local, state or federal taxing authority, or a local, state or federal regulatory or enforcement agency?
5. In the past ten years, has the applicant been subject to any civil or administrative proceeding, examination, or investigation by a local, state or federal licensing or accreditation agency, a local, state or federal taxing authority, or a local, state or federal regulatory or enforcement agency that resulted in a settlement, decision, or judgment?
Criminal Matters
Civil Matters
Legal Disclosure
For purposes of the following questions, and with the exceptions noted below, the term “applicant” shall include the applicant and joint applicant, and any subsidiary of the applicant or joint applicant if the subsidiary is involved in (for example, as a guarantor) or will be benefited by the application or the project.
In addition to each of these entities themselves, the term “applicant” shall also include the direct and indirect holders of more than ten percent (10%) of the ownership interests in the entity, as well as the officers, directors, principals and senior executives of the entity if the entity is a corporation, the general and limited partners of the entity if the entity is a partnership, and the members or managers of the entity if the entity is a limited liability company. For projects using tax-exempt bonds, it shall also inc
lude the individual who will be executing the bond purchase agreement.
The following questions must be responded to for each entity and person qualifying as an "applicant," or "joint applicant" as defined above.
Ex
plain all positive responses on a separate sheet and include with this questionnaire in the application.
Exceptions: Public entity applicants without an ownership interest in the proposed project, including but not limited to cities, counties, and joint powers authorities with 100 or more members, are not required to respond to this questionnaire.
Members of the boards of directors of non-profit corporations, including officers of the boards, are also not required to respond. However, chief executive officers (Executive Directors, Chief Executive Officers, Presidents or their equivalent), and chief financial officers (Treasurers, Chief Financial Officers, or their equivalent) must respond.
Certification & Legal Status
DRAFT
Funding for
Permanent AND
Construction
financing for 60%
AMI or less
100%
Loa
n Type
Loan Type
Loan Type
Loan Type
Loan Type
Loan Type
Loan Type
Loan Type
Loan Type
Loan Type
https://www.cityofsalinas.org/Residents/Community/Housing-Community- Development/Salinas-Local-Housing-Trust-Fund
https://www.cityofsalinas.org/Residents/Community/Housing-Community- Development/Salinas-Local-Housing-Trust-Fund
$ 1,000,000
$ 500,000
Pre-approved Amount
Project Name
Project Name
Project Name
Project Name
Project Name
Project Name
Project Name
Project Name
Project Name
106 E. Lake Street
14-16 Soledad Street
20-26 Soledad Street
98 Kip Drive
443 W. Market Street
Pre-approved Amount
Pre-approved Amount
Pre-approved Amount
Pre-approved Amount
Pre-approved Amount
Pre-approved Amount
Pre-approved Amount
Pre-approved Amount
Pre-approved Amount
https://www.cityofsalinas.org/Residents/Community/Housing-Community- Development/Salinas-Local-Housing-Trust-Fund
https://www.cityofsalinas.org/Residents/Community/Housing-Community- Development/Salinas-Local-Housing-Trust-Fund
Direct link to website
Direct link to website
Direct link to website
Direct link to website
Direct link to website
Direct link to website
Direct link to website
Direct link to website
Direct link to website
Direct link to website
Project Name 835 E. Laurel Drive
Tie Breaker, if needed. Readiness: The extent to which the application identifies specific multifamily rental projects for which the trust fund has issued Letters of Intent (LOIs) to developers for construction or permanent financing, (which includes dollar amounts). Explain below.
Tie Breaker
10 0 New Applicant (not previously awarded) has committed at least 40 percent of the local Matching Funds - 10 points (7) Performance - Applicant has committed at least 40 percent of the Program Funds previously awarded to the Applicant - 10 points Zoe Lofgren 18 Anna Caballero 14 Robert Rivas 29
List the appropriate representatives from the areas that the Applicant serves.
Congressperson Name(s)
(First and last name) District # State Senator Name(s)
(First and last name) District # State Assembly Member Name(s) (First and last name) District #
A Regional Housing Trust Fund meeting the description herein receive all points in this category: A Regional Housing Trust Fund is one that includes six jurisdictions (in counties with total populations of 250,000 or less) or eight jurisdictions (in counties with more than 250,000), or that meets the minimum threshold (two jurisdictions with more than one million people, or three jurisdictions in counties with total populations of 250,000 or less, or four jurisdictions in counties with more than 250,000), and includes more than 66% of the population of the county or counties.
List the jurisdictions that your trust fund serves: City of, County of, or Town of Will be served by this application
Are you serving the unincorporated county only, or the entire county including all incorporated areas?
Of those served, which Jurisdictions will be
served with this application.
City of Salinas
(5) Community Need - 15 points max (NOTE: this section will be scored by HCD using CHAS data (Comprehensive Housing Affordability Strategy): https://www.huduser.gov/portal/datasets/cp.html#2006-2016- datacollapse 0
HCD will provide the percentage of Lower-Income Households paying more than 50 percent of their household income for rent or owner expenses. Applicant does not complete this field. (6) Regional Housing Trust Fund Applicants - 5 points Does your Regional Housing Trust Fund meet the description and requirements below? No 0 (C) Amount
A
pplicant
commits based
on (B) %
$3,120,397
(4) Increasing the Supply of Lower-Income (LI) Rental Housing - 20 points max 20 How will the Applicant use the
HCD Program Funds and
Matching Funds - for permanent
or construction financing?
Permanent
(A) Program Funds +
M
atching Funds - Admin
Exp.
$3,120,397
(B) Percentage of Program Funds and Matching Funds
A
pplicant commits to use for new construction of rental
housing developments Affordable to and restricted to
households with average incomes of no more than 60% of
AMI?
Program + Matching Funds -
Admin Exp. $3,120,397 Max MI exp. (per
commitment)
Total Amount of pre-approved
First Phase Funding $3,550,000 Total Program Funds Requested $1,642,314 First Phase Funding vs. Requested (times) 2 $0
(3) Readiness - 15 points max 10
Has Applicant completed a first phase funding process for multifamily rental projects and announced on its website the status of each project, including those projects that were approved to submit a final application upon award of Program Funds by HCD §106(f)(3)?
Yes
Direct link (website
address) to page
showing project status:
$ 500,000
$ 460,000
$ 590,000
$ 500,000
https://www.cityofsalinas.org/Residents/Community/Housing-Community- Development/Salinas-Local-Housing-Trust-Fund
https://www.cityofsalinas.org/Residents/Community/Housing-Community- Development/Salinas-Local-Housing-Trust-Fund
Project Name Commitment Amount Division Street Properties Funding Source LHTF/Land Donation 3,080,000$ Permanent Application Score - 100 points max §106(f) Rev. 5/2024 75 (1) Non-Residential Matching Funds - 15 points max 15
Matching Funds (sources other than residential Local Impact Fees or In Lieu Fees) $1,642,314 Total Matching Funds $1,642,314 % of Matching Funds 100.00% (2) Deeper Income Targeting - 20 points max 20
Does Applicant commit to expend no more than 18% of its Program Funds and Matching Funds on Moderate-Income (MI) households? Yes If yes, select MI exp. % 0%
Project Name Funding Source Commitment Amount
Project Name Funding Source Commitment Amount
Project Name Funding Source Commitment Amount
Project Name Funding Source Commitment Amount
Project Name Funding Source Commitment Amount
Project Name Funding Source Commitment Amount
Project Name Funding Source Commitment Amount
Project Name Funding Source Commitment Amount
Project Name Funding Source Commitment Amount
188%Commitment vs. Request
DRAFT
I have reviewed the Document Checklist and have named my documents according to the instructions.
I will upload all required documents to the LHTF submission portal.
Yes
Matching Funds and Ongoing Revenue
Yes
(if applicable) Cert_LOE Letter of Explanation for any applicable items on "Certification & Legal" tab of the application N/A §106 Application Scoring
No Readiness_1, Readiness_2, etc. §106(f)(3) Readiness List Included No LOI_1, LOI_2, etc. §106(g)(1) Letter(s) of Intent Included Yes Ongoing_Rev_1, Ongoing_Rev_2, etc. §102(a),(b),(c) Required Documentation for Ongoing Revenues Included Yes Guidelines_107d §107(d) Loan guidelines and underwriting standards and procedures Included Yes
(if applicable) Binding_Agreement
§104(b) Fully executed commitment letter or a fully executed contract to provide Matching Funds, specifying the source(s) of the Matching Funds, the amount of Matching Funds from each source, the date upon which the funds will be deposited into the LHTF or RHTF account, and remedies for not depositing the Matching Funds on/by that date.
Included
Yes
(if applicable) 501c3_Determination 501(c)(3) nonprofit corporation only §106(e) - IRS determination letter regarding 501(c)(3) status (this letter must address the name of the 501(c)(3), which must match the name of the HTF) N/A Yes Match_Fund_1, Match_Fund_2, etc. §104 Required Documentation for Matching Funds Included Yes App_Reso
§106(e) Application Resolution Note: Only one Application Resolution may be submitted and must be from the Applicant. Additionally, Attachment 1 must be an attachment to the Resolution prior to approval by the governing body and must be included with your submission.
Included
Yes
(if applicable) STD_204 §106(e) STD-204 Payee Data Record N/A Yes
(if applicable) Fin_Statements 501(c)(3) nonprofit corporation only §106(e) - Audited financial statements (2 years) N/A Yes
(if applicable) Sig_Block 501(c)(3) nonprofit corporation only §106(e) - Signature Block, upload as a Microsoft Word document N/A Yes
(if applicable) Gov_TIN_Form §106(e) Government Agency Taxpayer ID Form Included Yes
(if applicable) OrgDoc1, OrgDoc2, etc. §106(e) Organizational Documents (Articles of Incorporation, Bylaws, Amendments, Certificate of Good Standing, etc.) N/A
Yes
(if applicable) Org_Chart §106(e) Organizational Chart N/A Yes LHTF_AR Previously awarded applicants only. §106(e) Submit evidence that the most recently required LHTF Annual Report was submitted to HCD State Grants Management (e.g. include a copy of the email submission) Included No MF_Commitment New Applicants only. Documentation evidencing the commitment of at least 40% of the local Matching Funds. N/A New Applicants (no previous LHTF award)
Application Information
Yes HTF
§102(a),(b),(c): Legislation, Ordinance, Resolution, or public-private partnership agreement creating the HTF.
RHTF must include Resolution or Ordinance from each Local government entity that is a member of the RHTF (public RHTFs only).
Included
§102(d) Eligible Applicants: Previous Awardees
Yes Award_Commitment Previously awarded applicants only. Documentation evidencing the commitment of at least 40% of the previously awarded LHTF funds. Included
LOCAL HOUSING TRUST FUND (LHTF) Document Checklist
Use this document to properly name your attachments before uploading them with your application submission.
You must confirm below that you have completed this step.
Threshold
Requirement? What You'll Name Your Document: Document Description Included? DRAFT
25 LHTF
24 LHTF
23 LHTF
22 LHTF
21 LHTF
20 LHTF
19 LHTF
18 LHTF
17 LHTF
16 LHTF
15 LHTF
14 LHTF
13 LHTF
12 LHTF
11 LHTF
10 LHTF
9 LHTF
8 LHTF
7 LHTF
6 LHTF
5 LHTF
4 LHTF
3 LHTF
2 LHTF
1 LHTF
Justification:
Issue # Program
Name Tab Section Cell# Update/Comment Urgency ADT Status Status Date
Rev. 5/2024Application Development Team (ADT) Support Form Organization: Email: Contact Phone:
Please complete the "yellow" cells in the form below and email a copy to: [email protected] A member of the LHTF Team will respond to your request ASAP.
Full Name: Date Requested: Application
Version Date:
DRAFT