Measure E
Proposed FY 2022-2023, FY 2021-
2022 & FY 2020-2021 Spending Plans
Jacky Morales-Ferrand
Director
Housing Department
May 17, 2022
Item 8.1
Rachel VanderVeen
Deputy Director
Housing Department
BUILDING GREAT PLACES INVESTING IN PEOPLE PROVIDING HOUSING FOR ALL Today’s Objectives
11/10/2020 2
Approve an amendment to FY 2020-21
spending plan and related appropriations
Approve an amendment to FY 2021-22
spending plan and related appropriations
Approve FY 2022-23 spending plan and
related appropriations
BUILDING GREAT PLACES INVESTING IN PEOPLE PROVIDING HOUSING FOR ALL 3 On March 3, 2020, San José voters approved Measure E
City Council adopted prior Measure E spending Plans
• June 16, 2020
• June 15, 2021
On April 19, 2022, City Council adopted amendments to Council Policy 1- 18 regarding the use of Measure E proceeds
Housing and Community Development Commission (as Oversight Committee) approved the amended and proposed spending plans Background
5/17/2022
BUILDING GREAT PLACES INVESTING IN PEOPLE PROVIDING HOUSING FOR ALL Measure E Spending Plan 2020-2021
11/10/2020 4
1. Affordable housing for extremely low-income households 45% $22,590,629 • Funding for New Construction of Affordable Rental Hsg $22,590,629
2. Affordable housing for low-income households 35% $17,570,489 • Funding for New Construction of Affordable Rental Hsg • Acquisition and Rehabilitation of existing buildings
$4,975,000
$12,595,489
3. Affordable housing for moderate-income households 10% $5,020,140 • Funding for New Construction of Affordable Rental Hsg $5,020,140
4. Homelessness Prevention and Solutions 10% $5,020,140 • Destination: Home: Homeless Prevention & Rental Assist. • Bill Wilson Center: Student Housing – FY 2020-21
• Bill Wilson Center: Student Housing – FY 2021-22
• Destination: Home: Homeless Prevention & Rental Assist $2,735,000
$55,000
$60,000
$2,170,140
6. Administration 5% $329,430
SUBTOTAL $50,530,828
BUILDING GREAT PLACES INVESTING IN PEOPLE PROVIDING HOUSING FOR ALL Measure E Spending Plan 2021-2022
11/10/2020 5
1. Affordable housing for extremely low-income households 40% $35,200,000 • Funding for New Construction of Affordable Rental Hsg • Acquisition of Hotels
$22,200,000
$13,000,000
2. Affordable housing for low-income households 30% $26,400,000 • Funding for New Construction of Affordable Rental Housing • Funding for Acquisition and Rehabilitation
• Funding for the Construction of Commercial Space for Affordable Hsg $18,087,500
$4,987,500
$3,325,000
3. Affordable housing for moderate-income households 5% $4,400,000 • Funding for New Construction of Affordable Rental Housing $4,400,000
4. Homelessness Prevention and Solutions 10% $8,800,000 • Destination Home: Homeless Prevention and Rental Assistance • Destination Home: Victims of Domestic Violence
• Rental Assistance and Case Management or Encampment Residents $5,200,000
$600,000
$3,000,000
5. Funding for Homeless Support Programs 15% $13,200,000 • Operation and Construction of Interim Housing $13,200,000
6. Administration 5% $2,000,000
SUBTOTAL $90,000,000
BUILDING GREAT PLACES INVESTING IN PEOPLE PROVIDING HOUSING FOR ALL Measure E Spending Plan 2022-2023
11/10/2020 6
1. Affordable housing for extremely low-income households 40% $24,700,000 • Funding for New Construction of Affordable Rental Housing • Funding for Acquisition and Rehabilitation
• Acquisition of Hotels
$13,700,000
$3,000,000
$8,000,000
2. Affordable housing for low-income households 30% $18,525,000 • Funding for New Construction of Affordable Rental Housing • Funding for Acquisition and Rehabilitation
• Funding for Land Acquisition
$3,525,000
$5,000,000
$10,000,000
3. Affordable housing for moderate-income households 5% $3,087,500 • Funding for Affordable For-sale Housing $3,087,000
BUILDING GREAT PLACES INVESTING IN PEOPLE PROVIDING HOUSING FOR ALL Measure E Spending Plan 2022-2023
11/10/2020 7
4. Homelessness Prevention and Solutions 10% $6,175,000 • Destination Home: Homeless Prevention and Rental Assistance • Destination Home: Victims of Domestic Violence
• Bill Wilson Center: Student Housing
• Rental Assistance and Case Management for Encampment
Residents
$3,460,000
$600,000
$60,000
$2,055,000
5. Funding for Homeless Support Programs 15% $9,262,500 • HomeFirst: Arena Hotel Operations
• PATH: Pacific Motor Inn Operations
• Emergency Interim Housing Maintenance & Operations
• Operation and Construction of Interim Housing
$3,000,000
$3,000,000
$1,800,000
$9,262,500
6. Administration 15% $3,250,000
SUBTOTAL $65,000,000
BUILDING GREAT PLACES INVESTING IN PEOPLE PROVIDING HOUSING FOR ALL Key Investments
85/17/2022
$89 million dedicated to New Construction
$25 million dedicated to Acquisition/Rehab
$22 million towards Interim Housing Construction and Operations $21 million for Hotel Acquisition
$20 million invested in Homelessness Prevention
Measure E
Proposed FY 2022-2023, FY 2021-
2022 & FY 2020-2021 Spending Plans
Jacky Morales-Ferrand
Director
Housing Department
May 17, 2022
Item 8.1
Rachel VanderVeen
Deputy Director
Housing Department