HomeMy WebLinkAboutReso 142-24 Item 5.6 Authorizing Application for, and Receipt of Local Housing Trust Fund Program Fu
Reso. No. 142-24, Item 5.6, Adopted 12/03/2024 Page 1 of 3
RESOLUTION NO. 142 – 24
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
AUTHORIZING APPLICATION FOR, AND RECEIPT OF LOCAL HOUSING TRUST
FUND PROGRAM FUNDS FOR THE AMADOR STATION PROJECT
WHEREAS, a necessary quorum and majority of the Council members of the City of Dublin
(“Applicant”) hereby consents to, adopts and ratifies this resolution; and
WHEREAS, the State of California (the “State”) Department of Housing and Community
Development (“Department”) is authorized to provide up to $57 million under the
Local Housing Trust Fund (“LHTF”) Program from the Veterans and Affordable Housing Bond
Act of 2018 (Proposition 1) (as described in Health and Safety Code section 50842.2 et
seq. (Chapter 365, Statutes of 2017 (SB 3)) (“Program”); and
WHEREAS, the Department issued a Notice of Funding Availability (“NOFA”) dated April
5, 2022, under the LHTF Program; and
WHEREAS, the Applicant is an eligible Local Housing Trust Fund applying to the Program
to administer one or more eligible activities using Program Funds; and
WHEREAS, the Department may approve funding allocations for the LHTF Program,
subject to the terms and conditions of Health and Safety Code Section 50842.2, the LHTF
Program Guidelines, NOFA, Program requirements, the Standard Agreement and other related
contracts between the Department and LHTF award recipients.
NOW, THEREFORE, BE IT RESOLVED, the Dublin City Council confirms that:
SECTION 1. If the Applicant receives an award of LHTF funds from the Department
pursuant to the above referenced LHTF NOFA, it represents and certifies that it will use all such
funds on Eligible Projects in a manner consistent and in compliance with all applicable state and
federal statutes, rules, regulations, and laws, including, without limitation, all rules and laws
regarding the LHTF Program, as well as any and all contracts the Applicant may have with the
Department (“Eligible Project”).
SECTION 2. The City of Dublin is hereby authorized to act as the trustee/manager in
connection with the Department's funds to Eligible Projects pursuant to the above-described
NOFA in an amount not to exceed $3,333,333 (the "LHTF Award").
SECTION 3. Applicant hereby agrees to match on a dollar-for-dollar basis the LHTF Award
pursuant to Guidelines Section 104. Applicant hereby agrees to utilize matching finds on a dollar-
for-dollar basis for the same Eligible Project for which Program Funds are used, as required by
HSC Section 50843.5(c).
SECTION 4. Pursuant to Attachment 1 and the Applicant’s certification in this Resolution,
the LHTF funds will be expended only for Eligible Projects and consistent with all program
requirements.
SECTION 5. Nonprofit Housing Trust Funds and Native American Tribe Housing Trust
Funds agree to use Program Funds only for Eligible Projects located in cities and counties that
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Reso. No. 142-24, Item 5.6, Adopted 12/03/2024 Page 2 of 3
submitted an adopted Housing Element that was found by the Department to be in compliance
and that have submitted their Housing Element Annual Progress Report (APR) for the current
year or prior year by the application due date.
SECTION 6. Applicant shall be subject to the terms and conditions as specified in
the Standard Agreement, H&S Section 50842.2 and LHTF Program Guidelines.
SECTION 7. The City Manager or her/his designee is authorized to execute the LHTF
Program Application, the LHTF Standard Agreement and any subsequent amendments or
modifications thereto, as well as any other documents which are related to the Program or the
LHTF Award to Applicant, as the Department may deem appropriate.
PASSED, APPROVED, AND ADOPTED by the Dublin City Council on this 3rd day of
December, 2024 by the following vote:
AYES: Councilmembers Hu, Josey, Qaadri, Thalblum and Mayor McCorriston
NOES:
ABSENT:
ABSTAIN:
______________________________
Mayor
CERTIFICATE OF THE ATTESTING OFFICER
The undersigned, City Clerk of the City of Dublin does hereby attest and certify that the foregoing
Resolution is a true, full and correct copy of a resolution duly adopted at a meeting of the Dublin
City Council, which was duly convened and held on the date stated thereon, and that said
document has not been amended, modified, repealed or rescinded since its date of adoption and
is in full force and effect as of the date hereof.
ATTEST:
______________________________
City Clerk
ATTACHMENTS:
1. Summary of City of Dublin Commitment of Funding
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Reso. No. 142-24, Item 5.6, Adopted 12/03/2024 Page 3 of 3
Attachment 1:
Summary of City of Dublin Commitment for Use of the Local Housing Trust Fund Program
Funds and Matching Funds
The City of Dublin’s Local Housing Trust Fund (LHTF) match and 100 percent of the requested
LHTF Program funds will be used for a project proposed by The Related Companies of California,
LLC., for 164 affordable rental units on an approximately 1.3-acre site located at 6501 Golden
Gate Drive. The Dublin City Council has appropriated $7.1 million from the City’s Affordable
Housing Funds and committed $2.9 million in Alameda County Measure A-1 Bond funds to the
project contingent upon project financing. In addition, the project has received its necessary
entitlements. Excluding two manager’s units, 100 percent of the project would be affordable to
households earning an average of no more than 60 percent of area median income (AMI). The
Related Companies of California, LLC., has committed that a minimum of 41 units in the project
would be set aside for homeless persons upon receiving Section 8 funding for these units. This
housing would serve persons at risk of becoming homeless, and persons with special needs.
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