City of City Manager's Office
1652 Santa Clara
The Center of What's Possible
November 13, 2024
Kathryn Kaminski
Acting Director, Office of Supportive Housing
County of Santa Clara
150 W. Tasman Drive
San Jose, CA 95134
Subject: Santa Clara Family Community Homekey Project
Dear Ms.Kaminski:
This letter is to acknowledge the funding commitment by the City of Santa Clara, a California municipal corporation ("City") for the proposed development of the Santa Clara Family Community, a new emergency interim housing consisting of 30 units (90 doors) on a 1.3-acre County of Santa Clara-owned site located on the southeast corner of Lawrence Expressway and Benton Street in Santa Clara ("Project"). The Project is being co-developed by LifeMoves, a California nonprofit public benefit corporation ("LifeMoves") and the County of Santa Clara ("County") and these entities will also serve as co-applicants for the Homekey application.
The City acknowledges that the County and LifeMoves applied to the State of California Housing and Community Development ("State") for a Homekey funding during the Homekey NOFA Round 3
On October 29, 2024, the Santa Clara City Council voted to allocate $5,124,369 from local funds and $1,470,000 from State Permanent Local Housing Allocation (PLHA) funds to support operations for this Project. Together these sources will total $6,594,369 and will be disbursed over seven years. This amount is less than was previously committed because actual PLHA funds totaled less than what was projected. These funds will be structured as a conditional grant so there will be no interest rate or repayment required.
Approval of the City's final business terms will take the form of a Revenue Agreement that is subject to City Council approval. Approval will occur closer to financing according to the City's general underwriting parameters and per requirements of the State Homekey Program, the County and other funders. The agreement will require a restrictive covenant to be recorded and will be subject to terms and conditions to be negotiated between the parties that includes restrictions on the use, operation, and occupancy of the project for families; City approval of an annual management and security plan; and the creation of an oversight committee.
The City supports the County's and LifeMoves' application to the State for Homekey funds to enable this much-need Project to end homelessness in Santa Clara County. If award of 1500 Warburton Avenue • Santa Clara, CA 95050 • Phone: 408-615-2210 • Fax: 408-241-6771 • www.SantaClaraCA.gov Kathryn Kaminski
Re: Santa Clara Family Community Homekey Project
November 12, 2024
Homekey funds occurs, the City will proceed with finalizing a Revenue Agreement for City Council approval. Thank you for your efforts, and we appreciate the State's consideration of this worthy Project. If you have any questions, please contact Adam Marcus, Housing & Community Services Manager at [email protected].
Sincerely,
lovan D. Grogar
City Manager
CC: Glen Googins, City Attorney
Reena Brilliot, Acting Director of Community Development Adam Marcus, Housing & Community Services Manager