Title
Consider recommendations regarding Funding Reservations to Harry’s House and Escalante Meadows, Third District, as follows:
a) Approve a reservation of County funds for the Harry’s House project that will (a) be in an amount not to exceed $900,000.00; (b) consist of HOME funds and/or In-Lieu Funds in specific amounts to be determined by the Board at a later date; and (c) be released if the Housing Authority of the County of Santa Barbara does not receive notification of an award of low-income housing tax credits for the project by December 15, 2021;
b) Authorize the Director of Community Services Department (CSD) to sign a letter to Harry’s House project applicant indicating the approved reservation;
c) Approve a reservation of County funds for the Escalante Meadows project that will be in an amount not to exceed $529,684.00 and be released if the Housing Authority of Santa Barbara County does not receive notification of an award of low-income housing tax credits for the project by December 15, 2021;
d) Authorize the Director of the CSD to sign a letter to the Escalante Meadows project applicant indicating the approved reservation; and
e) 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.