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HomeMy WebLinkAboutAgenda Report - October 17, 2007 E-11 PHAGENDA ITEM Ew- I I • CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Set a Public Hearina for November 7,2007. to consider and approve the reallocation of available Community Development Block Grant (CDBG) and HOME Program Incomefor an affordable housing project. MEETING DATE: October 17,2007 PREPARED BY: Community Development Department RECOMMENDED ACTION: That the City Council set a public hearing for November7th, 2007, to consider and approve the reallocation of available Community Development Block Grant (CDBG) and HOME Program Income for an affordable housing project. BACKGROUND INFORMATION: The City is pursuing an affordable housing project on land currently owned by Union Pacific Railroad (UP). In the course of developing a Request For Proposal (RFP) for that project, the City has pledged $1.2 million toward the acquisition of the land for this project. In 2006, the City Council authorized a CDBG allocation in the amount of $330,000 from that year's funding. In addition to that, the Housing Assistance Loan Programs that we have been funding each year with CDBG and HOME funding, have provided approximately $1,477,000 in program income through the repayment of down -payment assistance and housing rehabilitation loans. That program income is automatically reprogrammed back into the Housing Assistance Program, to continue to assist first-time homebuyers and/or low income residents. If an affordable housing project was feasible for the intended railroad property site, our intent has been to reallocate $870,000 of that program income, to combine with the 2006 allocation of $330,000, to meet the $1.2 million pledged to the affordable housing project. As the City Council has just completed the process of selecting a developer to work with on this project, and as proposed in a previous action to initiate negotiations with UP, it is also recommended that the funds be set aside. FISCAL IMPACT: This reallocationwill reduce the funding available within the existing Housing Assistance Programs but not deplete it. There is sufficient balance left within that program to fund several loan applications that are currently being processed, as still have funding available for one or two more applications this year. APPROVED: tai Cing, City Manager FUNDING AVAILABLE: FederprfAjF�Dunity Development Block Grant and HOME Program Funds Community Development Director Attachments RHljw Please immediately confirm receipt d' thisfax by calling 333-6702 CITY OF LODI P. O. BOX 3006 LODI, CALIFORNIA 95241-1910 ADVERTISING INSTRUCTIONS SUBJECT PUBLIC HEARING TO CONSIDER REALLOCATION OF AVAILABLE COMMUNITY DEVELOPMENT BLOCK GRANT AND HOME PROGRAM INCOME FOR AN AFFORDABLE HOUSING PROJECT PUBLISH DATE: SATURDAY, OCTOBER 20,2007 TEAR SHEETS WANTED: One (1) please SEND AFFIDAVIT AND BILL TO: RANDI JOHL, CITY CLERK City of Lodi P.O. Box 3006 Lodi, CA 95241-1910 DATED: THURSDAY, OCTOBER 18,2007 ORDERED BY: RANDI JOHL CITY CLERK J NIFER ERRIN, CMC D PUTY CITCLERK formsladvius.doc CYNTHIA MURPHY ADMINISTRATIVE CLERK DECLARATION OF POSTING PUBLIC HEARING TO CONSIDER REALLOCATION OF AVAILABLE COMMUNITY DEVELOPMENT BLOCK GRANT AND HOME PROGRAM INCOME FOR AN AFFORDABLE HOUSING PROJECT On Friday, October 19, 2007, in the City of Lodi, San Joaquin County, California, a Notice of Public Hearing to consider reallocation of available Community Development Block Grant and HOME Program income for an affordable housing project (attached and marked as Exhibit A), was posted at the following locations: Lodi Public Library Lodi City Clerk's Office Lodi City Hall Lobby Lodi Carnegie Forum declare under penalty of perjurythat the foregoing is true and correct. Executed on October 19, 2007, at Lodi, California. (�NNIFEFJ M. PERRIN, CMC DEPUTY TY CLERK N:1Administration\CL8RK\Forms\DECPOSTCD.DOC ORDERED BY: RANDIJOHL CITY CLERK CYNTHIA MURPHY ADMINISTRATIVE CLERK DECLARATION OF MAILING PUBLIC HEARING TO CONSIDER REALLOCATION OF AVAILABLE COMMUNITY DEVELOPMENT BLOCK GRANT AND HOME PROGRAM INCOME FOR AN AFFORDABLE HOUSING PROJECT On October 18, 2007, in the City of Lodi, San Joaquin County, California, I deposited in the United States mail, envelopes with first-class postage prepaid thereon, containing a Public Hearing to consider reallocation of available Community Development Block Grant and HOME Program income for an affordable housing project, attached hereto Marked Exhibit A. The mailing list for said matter is attached hereto, marked Exhibit B. There is a regular daily communication by mail between the City of Lodi, California, and the places to which said envelopes were addressed. I declare under penalty of perjurythat the foregoing is true and correct. Executed on October 18, 2007, at Lodi, California. ttgNNIFER PERRIN, CMC DEPUTY CITY CLERK FomWdecmail.doc ORDERED BY: RANDIJOHL CITY CLERK, CITY OF LODI CYNTHIA MURPHY ADMINISTRATIVE CLERK CITY OF LODI Carnegie Forum 305 West Pine Street, Lodi NOTICE OF PUBLIC HEARING Date: November 7, 2007 Time: 7:00 p.m. For information regarding this notice pleasecontact: Randi Johl City Clerk Telephone: (209) 333-6702 NOTICE OF PUBLIC HEARING EXHIBIT A NOTICE IS HEREBY GIVEN that on Wednesday, November 7, 2007, at the hour of 7:00 p.m., or as soon thereafter as the matter may be heard, the City Council will conduct a public hearing at the Carnegie Forum, 305 West Pine Street, Lodi, to considerthe following matter: a) Reallocation of available Community Development Block Grant and HOME Program income for an affordable housing project. Information regarding this item may be obtained in the Community Development Department, 221 West Pine Street, Lodi, (209) 333-6711. All interested persons are invited to present their views and comments on this matter. Written statements may be filed with the City Clerk, City Hall, 221 W. Pine Street, 2nd Floor, Lodi, 95240, at any time prior to the hearing scheduled herein, and oral statements may be made at said hearing. If you challenge the subject matter in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice or in written correspondence delivered to the City Clerk at, or prior to, the public hearing. S Order of the Lodi City Council: ndi Joh! City Clerk Dated: October 17,2007 Approved as to form: D. Stephen Schwabauer City Attorney JACITYCLRKIFORM55PH NOTICE publication CDBG.doc 10/17/07 1EXHIBIT BI PUBLIC HEARING TO CONSIDER REALLOCATION OF AVAILABLE COMMUNITY DEVELOPMENT BLOCK GRANT AND HOME PROGRAM INCOME FOR AN AFFORDABLE HOUSING PROJECT MAILING LIST Habitatfor Humanity Attn: Marilyn Fields 624 Palm Ave. Lodi, CA 95240