File #: 20-00190    Version: 1
Type: Administrative Item Status: Agenda Ready
File created: 3/5/2020 In control: BOARD OF SUPERVISORS
On agenda: 3/17/2020 Final action: 3/17/2020
Title: Consider recommendations regarding a Funding Reservation to the Buellton Senior Village Apartments affordable housing project (Project) in Buellton, Third District, as follows: a) Approve a reservation of County funds for the Buellton Village Senior Apartments Project that will (i) be in an amount not to exceed $895,941.00; (ii) consist of HOME and/or In-Lieu funds; and (iii) be released if Cabrillo Economic Development Corporation does not receive notification of an award of low-income housing tax credits (LIHTC) for the Project by March 17, 2021; b) Authorize the Director of Community Services Department (CSD) to sign a letter to the Buellton Village Senior Apartments project applicant indicating the approved reservation; and c) Determine that the approval of the reservation of funding 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 acti...
Sponsors: COMMUNITY SERVICES DEPARTMENT
Attachments: 1. Board Letter, 2. County Letter of Reservation Funds, 3. Minute Order

Title

Consider recommendations regarding a Funding Reservation to the Buellton Senior Village Apartments affordable housing project (Project) in Buellton, Third District, as follows:

 

a) Approve a reservation of County funds for the Buellton Village Senior Apartments Project that will (i) be in an amount not to exceed $895,941.00; (ii) consist of HOME and/or In-Lieu funds; and (iii) be released if Cabrillo Economic Development Corporation does not receive notification of an award of low-income housing tax credits (LIHTC) for the Project by March 17, 2021;

 

b) Authorize the Director of Community Services Department (CSD) to sign a letter to the Buellton Village Senior Apartments project applicant indicating the approved reservation; and

 

c) Determine that the approval of the reservation of funding 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.