Title
Consider recommendations regarding Conditional $500,000.00 Allocation of HOME and No Place Like Home (NPLH) Funding to the Housing Authority of the County of Santa Barbara for the Cypress and 7th Project in the City of Lompoc, Fifth District, as follows:
a) Approve a reservation of County funds for the Cypress and 7th project (Project) that will (a) be in an amount not to exceed $250,000.00; (b) consist of HOME and/or In-Lieu funds; and (c) be released if the Housing Authority does not receive firm commitments from all funding sources, including formal notification by the State of California of an award of tax credits and competitive NPLH funding, on or before September 30, 2021;
b) Authorize the Director of Community Services Department (CSD) to sign a letter to the Housing Authority indicating the conditional allocation of HOME and/or In-Lieu funds;
c) Approve a conditional allocation for the Project that will (a) be in an amount not to exceed $250,000.00; (b) consist of NPLH non-competitive funds; and (c) be released if the Housing Authority does not receive firm commitments from all funding sources, including formal notification by the State of California of an award of tax credits and competitive NPLH funding, on or before September 30, 2021;
d) Authorize the Director of the Department of Behavioral Wellness to sign a letter to the Housing Authority indicating the conditional allocation of NPLH Non-Competitive funds; and
e) Determine that the approval of the allocations 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) as it is 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.