Title
Approval of a Resolution Ratifying Application and Accepting the Washington State Department of Commerce Connecting Housing to Infrastructure Program Grant for The Family Support Center Project
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the Resolution to ratifying application for a Department Of Commerce Connecting Housing To Infrastructure Program (CHIP) grant for The Family Support Center Project, accepting award of the grant, approving the grant agreement, approving award of a subgrant to The Family Support Center, and approving a Sub-Grant Agreement with The Family Support Center.
Report
Issue:
Whether to approve the Resolution to ratifying application for a Department Of Commerce Connecting Housing To Infrastructure Program (CHIP) grant for The Family Support Center Project, accepting award of the grant, approving the grant agreement, approving award of a subgrant to The Family Support Center, and approving a Sub-Grant Agreement with The Family Support Center.
Staff Contact:
Darian Lightfoot, Housing Programs Manager, 360.280.8951
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
City staff applied for the CHIP grant for $2.5M through the Department of Commerce with the intent to sub grant the funds to Family Support Center of South Sound’s affordable housing project. Notice was given shortly after that the full requested amount would be awarded to the City, closing the funding gap and keeping the project on track to start in May, 2022.
Funds are available for sewer, water or stormwater improvements and/or waived system development charges for new affordable housing projects. Applicants must be a city, county or public utility district in partnership with an affordable housing project, thus requires a sub grant agreement with Family Support Center for the project.
The development emphasizes family-sized units with forty-two (42) 2- and 3- bedroom apartments plus nineteen (19) 1-bedroom units to accommodate single domestic violence survivors, single pregnant women, or single parent households with a child under age two. Half, or 31 units, will house households at or below 30% AMI and the other half be set aside for households at or below 50% AMI.
Total construction cost $25.6 million or $412,903 per unit.
Neighborhood/Community Interests (if known):
Affordable housing development and homelessness are of high interest to the community. Siting of affordable housing projects are also of high interest to the public and neighborhoods.
Options:
1. Approve the Resolution to receive the CHIP grant awarded by the Department of Commerce and sub grant the funds to Family Support Center for their affordable housing project for $2.5M
2. Direct staff to take other action.
3. Consider the Resolution at another time.
Financial Impact:
The City has awarded $400,000 of Community Development Block Grant funds to help acquire the property for the project along with $2.5M in Home Fund awards over three grant cycles. This award will act as a pass through and requires no additional match for the grant by the City of Olympia. The administration of the grant will be completed by the Housing Program Manager and will be on a reimbursement basis.
Attachments:
Resolution
CHIP Grant Application
CHIP Grant Award Letter