City Council

F. ADOPTION OF RESOLUTION NO. 24-22, RELATED TO PERMANENT LOCAL\nHOUSING ALLOCATION (PLHA) YEAR 4 FUNDING AND PROPOSED\nELIGIBLE ACTIVITIES\nThe Los Angeles County Development Authority (LACDA), on behalf of Los\nAngeles County and its participating cities, will be applying for funding for Year\nFour of the Permanent Local Housing Allocation (PLHA) Program from the\nCalifornia Department of Housing & Community Development. The allocation\nis based on real estate recording fees, and it is estimated that the City of San\nGabriel will be allocated $167,665 from the $9 million grant for the period of\nJuly 1, 2024 – June 30, 2025 (Year Four). The City of San Gabriel has the\nopportunity to utilize the this funding for the eligible housing activities as\nidentified in the PLHA grant guidelines.\nCalifornia Environmental Quality Act (CEQA) Determination: Not a Project as\ndefined in Section 15378 of the State CEQA Guidelines.\nRecommended Action:\nStaff recommends that the City Council adopt Resolution No. 24-22, which\napproves the following actions:\n1. Elect the following eligible activities, subject to the State approval, for Year\nFour of the 5-Year Permanent Local Housing Allocation grant period:\n(1) The predevelopment, development, acquisition, rehabilitation, and\npreservation of multifamily, residential live-work, rental housing that is\naffordable to extremely low-, very low-, or moderate-income\nhouseholds, including necessary operating subsidies.\n2. Allocate, upon State approval, $167,665 of the Year Four Permanent Local\nHousing Allocation allocation toward eligible activity #1, and\n3. Authorize the City Manager to execute new contracts (and any other\nrequired documents) with Los Angeles County Development Authority for\nthe 5-year Permanent Local Housing Allocation Plan grant period and for\nyear Four of the allocation and make adjustments as necessary to reflect the\nactual allocation of funds to San Gabriel.