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SR-01-14-2014-3FCity Council Meeting: January 14, 2014 To: Mayor and City Council From: Karen Ginsberg, Director, Community and Cultural Services Subject: Application for California Housing - Related Parks Program Grant Recommended Action Staff recommends that the City Council: 1. Adopt the attached resolution authorizing the application for grant funds from the State of California Housing - Related Parks Program, 2013 Funding Round, for the Buffer Park Project 2. Authorize the City Manager to execute all necessary documents to apply for the grant and accept the grant if awarded. Executive Summary The California Department of Housing and Community Development Housing - Related Parks (HRP) Program designed to provide cities that develop new residential housing affordable to very low and low- income households with non - competitive grant funding for parks and community recreation facilities that benefit the community and add to the quality of life. The attached resolution would authorize an application for the 2013 Funding Round. Awarded grant funding would be used for the construction of the Buffer Park project. Discussion The HRP Program is funded through Proposition 1C and is administered by the California Department of Housing and Community Development, Division of Housing Policy Development. According to the application package, the "...program is an innovative program designed to reward local governments that approve housing for lower- income households and are in compliance with State Housing Element law with grant funds to create or rehabilitate parks." To be eligible under this grant, building permits for eligible units must have been issued between January 1, 2010 and June 30, 2013. Grant amounts are awarded by formula and consider factors including the number of bedrooms and affordability levels of the units. The grant application requires applicants to identify how the grant funds will be used. Staff is recommending that 1 awarded grant funds be targeted towards the construction of Buffer Park, a 2.3 acre linear park that is planned for Exposition Boulevard between Stewart Street and Yorkshire Blvd. Hard construction costs for Buffer Park are estimated at $3.5 million with construction anticipated to commence in spring 2015. It is expected that grant awards will be announced by June, 2014 and pursuant to the grant guidelines funds must be expended within three years of the award. Based upon a preliminary analysis of potentially eligible units, staff estimates that the City could receive an award of several hundred thousand dollars. Financial Impacts & Budget Actions There is no immediate financial impact or budget action necessary as a result of the recommended action. If the HRP awards the grant, revenue and expenditure budgets will be established and included in the FY15 -16 Capital Improvement Program budget for the awarded grant amount. Prepared by: Karen Ginsberg, Director Karen Ginsberg Director, Comm Services a and Cultural Attachments: Resolution PAF Forwarded to Council: Rod Gould City Manager Attachment 1 Council Meeting: January 14, 2014 Santa Monica, California RESOLUTION NO. (CCS) (City Council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA AUTHORIZING THE CITY MANAGER TO SUBMIT A GRANT APPLICATION FOR THE STATE HOUSING - RELATED PARKS GRANT PROGRAM, AND TO EXECUTE ALL GRANT DOCUMENTS WHEREAS, the State of California, Department of Housing and Community Development has issued a Notice of Funding Availability dated October 2, 2013 (NOFA) under its Housing - Related Parks (HRP) Program; and WHEREAS, the procedures outlined in the grant application materials require a resolution certifying approval of applications by the applicant's governing board within 30 days of submittal of the grant application; and WHEREAS, the applicant, if selected will enter into agreements with the State of California, Department of Housing and Community Development to carry out the HRP Program; and WHEREAS, the grant funding will assist the City in implementing the Buffer Park project; and 1 Housing and Community Development for participation in the HRP Program. SECTION 5. The City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. ROVED AS TO FORM: Mar City 3 Reference: Resolution No. 10793 (CCS)