Title
HEARING - Consider recommendations regarding HOME Fund Reservations to Solvang Senior Apartments and Los Adobes de Maria III, and other HOME program uses, Third and Fifth Districts, as follows: (EST. TIME: 30 MIN.)
a) Approve a preliminary reservation of HOME funds, effective until December 31, 2014, in an amount not to exceed $180,000.00 to the Solvang Senior Apartments project and authorize the Interim Director of Community Services to sign a letter to the project applicant indicating the approved reservation;
b) Approve a preliminary reservation of HOME funds, effective until September 30, 2015, in an amount not to exceed $448,852.00 to the Los Adobes de Maria III project and authorize the Interim Director of Community Services to sign a letter to the project applicant indicating the approved reservation;
c) Approve a preliminary reservation of HOME funds, effective until September 30, 2015, in an amount not to exceed to $139,335.00 (approximately $70,000.00 per housing development project) in HOME funds to cover project oversight costs incurred by the Housing and Community Development Division; and
d) Determine that the approval of the HOME reservations is not the approval of a project that is subject to environmental review under the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines section 15378(b)(4), finding that the actions are not a project as they are the creation of government funding mechanisms or other government fiscal activities which do not involve any commitment to any specific project which may result in a potentially significant impact on the environment, and direct staff to file a Notice of Exemption.
COUNTY EXECUTIVE OFFICER'S RECOMMENDATION: APPROVE