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HLUC Report - PIP Round 3 Application

Housing and Land Use Committee
November 26, 2024

Document
HLUC Report - PIP Round 3 Application
Meeting
November 26, 2024
Body
Housing and Land Use Committee
Original file
104 KB
Text extracted from the city's file for reading and search. Open the original on legistar2.granicus.com. That file is the official record.

CITY OF SALINAS

HOUSING AND LAND USE COMMITTEE
DATE: NOVEMBER 26, 2024
DEPARTMENT: COMMUNITY DEVELOPMENT
FROM: LISA BRINTON, DIRECTOR
THROUGH: VINCENT MONTGOMERY, PLANNING MANAGER
BY: LUIS OCHOA, SR. COMMUNITY DEVELOPMENT ANALYST

DAVID VIGIL, ADMINISTRATIVE ANALYST
TITLE: APPLICATION TO THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR THE PROHOUSING INCENTIVE PROGRAM ROUND 3 RECOMMENDED MOTION:

It is recommended that the Housing and Land Use Committee support the approval of a City Council resolution authorizing the submittal of the Prohousing Incentive Program (PIP) Round 3 Application to the California Department of Housing and Community Development on or before December 31, 2024.

DISCUSSION:

PIP Round 3 has approximately $8 million in funding available for eligible jurisdictions with a Prohousing Designation. Based on the funding allocation calculations, the City could receive $1,250,000. If awarded PIP Round 3 funds, the City intends to support the acquisition and preservation of permanent housing for 82 low- and moderate-income households at Alisal Country Estates Mobile Home Park. Residents have formed a public benefit corporation and are seeking to transition the park to a resident-owned cooperative model to preserve their housing, prevent displacement, and ensure long-term affordability.

Should the above activity not be feasible, the City is proposing two additional alternatives. The first alternative will be to utilize funds to support the operational needs to provide transitional and emergency housing for individuals experiencing homelessness at El Rey Motel, a city-owned property. The second alternative will be to utilize the funds as gap financing for the development of affordable rental and ownership housing.

ATTACHMENTS:

City of Salinas PIP Program Application – Draft
Presentation
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