HomeMy WebLinkAboutReso 95-2020 (20-502)Cit of South San Francisco
• Y
P.O. Box 711 (City Hall,
• 400 Grand Avenue)
South San Francisco, CA
• City Council
64
Resolution: RES 95-2020
File Number: 20-502 Enactment Number: RES 95-2020
RESOLUTION AUTHORIZING THE CITY MANAGER
TO APPLY FOR AND ACCEPT FUNDS FROM THE
STATE OF CALIFORNIA'S LOCAL HOUSING TRUST
FUND PROGRAM.
WHEREAS, the State of California Department of Housing and Community Development ("HCD") 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, HCD issued a Notice of Funding Availability ("NOFA") dated April 30, 2020 under the
LHTF Program; and
WHEREAS, the City of South San Francisco (the "City") is an eligible Local or Regional Housing Trust
Fund applying to the Program to administer one or more eligible activities using Program Funds; and
WHEREAS, HCD may approve funding allocations for the LHTF Program, subject to the terms and
conditions of H&S 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 by the City Council of the City of South San Francisco that if
the City 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 City may have with HCD ("Eligible Project").
BE IT FURTHER RESOLVED by the City Council of the City of South San Francisco that:
1. The City is hereby authorized to act as the trustee in connection with HCD's funds to Eligible
Projects pursuant to the above- described Notice of Funding Availability in an amount not to
exceed $1,000,000 (the "LHTF Award").
2. The City hereby agrees to match on a dollar for dollar basis the LHTF Award pursuant to
Guidelines Section 104.
3. The City hereby agrees to utilize matching funds 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).
City of South San Francisco Page 1
File Number. 20-502
Enactment Number. RES 95-2020
4. Pursuant to Attachment 1 and the City's certification in this resolution, the LHTF funds will
be expended only for Eligible Projects and consistent with all program requirements.
5. The City shall be subject to the terms and conditions as specified in the Standard Agreement,
H&S Section 50842.2 and LHTF Program Guidelines.
6. The City Manager and/or 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.
Attachments:
1. Funding Request Summary
2. LHTF Application
At a meeting of the City Council on 7/22/2020, a motion was made by Vice Mayor Addiego, seconded by
Councilmember Nicolas, that this Resolution be approved. The motion passed.
Yes: 5 Mayor Garbarino, Vice Mayor Addiego, Councilmember Nagales, Councilmember
Nicolas, and Councilmember Matsumoto
Attest by L444
40sa Govea Acosta, City Clerk
City of South San Francisco Page 2
Attachment 1
City of South San Francisco Affordable Housing Trust Fund Pipeline Projects Eligible for the California
Local Housing Trust Fund
Jurisdiction Served
City of South San Francisco
Funding Request Summary
The City of South San Francisco will apply any Local Housing Trust Fund (LHTF) award to the City’s
Housing Trust Fund program. The LHTF award will fund the City’s existing funding reservations for the
pipeline Bridge Affordable Housing project as part of the PUC development. The City will match the LHTF
funding with money from its affordable housing trust fund. This project is planned to provide 158 units
at between 30-60% AMI.
NOFA Release: April 30, 2020
Phone: (916) 263-2771
Website: http://www.hcd.ca.gov/grants-funding/active-funding/lhtf.shtml
Program Email: [email protected]
Rev. 5/13/20
Local Housing Trust Fund (LHTF) Program
Application
2020 Notice of Funding Availability
State of California
Governor Gavin Newsom
Lourdes Castro Ramírez, Secretary
Business, Consumer Services and Housing Agency
Gustavo Velasquez, Director
Department of Housing and Community Development
2020 West El Camino Avenue, Suite 150, Sacramento, CA 95833DRAFT
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
N/A
City Manager
Address:400 Grand Avenue
File Name:
Resolution (see below for the minimum Resolution content requirements)
Certifications & Legal Disclosure
The meeting date authorizing resolution.
All votes taken at meeting authorizing resolution (ayes, no's, absent, vacant).
LHTF name(s) as it appears on the LHTF application.
File Name:YesCert & Legal Disclosure Uploaded to HCD?
Yes
Legislation, Ordinance or Resolution creating the HTF Uploaded to HCD?YesFile Name: HTF
Contact Phone:
Applicant Type:(a) City
City and/or County Applicants §102(a)
(1)(A) The Trust Fund utilizes a public, or joint public and private, fund established by legislation, ordinance, resolution, or a public-private partnership, to receive specific
revenue to address local housing needs?Yes
(1)(B) The Trust Fund is funded from Ongoing Revenues as required by the definition in §101 from Dedicated Sources of funding such as taxes, fees, loan repayments, or
public or private contributions?Yes
(b) Applicant is a nonprofit as described in Internal Revenue Code §501(c)(3) that is an Existing Local Housing Trust Fund or a New Local Housing Trust Fund? N/A
(2) The city or county has a Housing Element that was adopted by the city or county’s governing body and determined by HCD to be in compliance with state Housing
Element law pursuant to GC §65585?Yes
(3) The city or county has submitted to HCD the Annual Progress Report required by GC Code §65400 for the current or prior year?Yes
(4) A Local Housing Trust Fund or Regional Housing Trust Fund that was created, funded, and operated by a combination of two or more cities or counties, agrees to utilize
Program Funds only for Eligible Projects located in cities or counties that have, at the time of application, an adopted Housing Element meeting the requirements of
subparagraph (2) above, and for which the Annual Progress Report was submitted for the current or prior year by the application deadline date, as required by
subparagraph (3) above?
Yes
Charitable nonprofit Applicant §102(b)
(1)(A) The Trust Fund consists of a public, or joint public and private, fund established by legislation, ordinance, resolution, or a public-private partnership, to receive specific
revenue to address local housing needs?N/A
(2) The Native American Tribe or Tribes agrees to utilize Program Funds only for Eligible Projects either (A) located on Native American Lands or (B) located in cities and
counties that have, at the time of application, an adopted Housing Element that HCD has determined, pursuant to GC §65585, to be in substantial compliance with the
requirements of Article 10.6 (commencing with GC §65580) of Chapter 3 of Division 1 of Title 7 of the GC?
N/A
§101(dd) “Regional Housing Trust Fund” means a Trust Fund serving two or more jurisdictions if the combined population is more than 1 million people; serving three or more
jurisdictions in counties with total populations of 250,000 or less; and serving four or more jurisdictions in counties with total populations of more than 250,000.
(1)(B) The Trust Fund is funded from Ongoing Revenues as required by the definition in §101 from Dedicated Sources of funding such as taxes, fees, loan repayments, or
public or private contributions?N/A
(2) The charitable nonprofit organization agrees to utilize Program Funds only for Eligible Projects located in cities and counties that have, at the time of application, an
adopted Housing Element that HCD has determined, pursuant to GC §65585, to be in substantial compliance with the requirements of Article 10.6 (commencing with GC
§65580) of Chapter 3 of Division 1 of Title 7 of the GC?
N/A
(3) The charitable nonprofit organization agrees to utilize Program Funds only for Eligible Projects located in cities and counties that have submitted to HCD the Annual
Progress Report required by GC Code §65400 for the current year or prior year?N/A
Native American Tribe or Tribes Applicants §102(c)
(c) Applicant has or have created, funded, and operated an Existing Local Housing Trust Fund, or has created and funded a New Local Housing Trust Fund? N/A
(1)(A) The Trust Fund utilizes a public, or joint public and private, fund established by legislation, ordinance, resolution, or a public-private partnership, to receive specific
revenue to address local housing needs?N/A
Yes
City of South San Francisco
State:CA Zip Code:
Address:
OrgDoc1, OrgDoc2, etc.
Entity Name (identity of the contracting party or borrower) and Entity Type (corporation, non-profit, for-profit, LLC, etc.)
Name & Title of Signatory(ies)****
NOTE: Name and title of authorized signatory(ies) is preferred. In instances pertaining to municipalities/jurisdictions/transit agencies (when title is acceptable), supporting
documentation evidencing the individual who currently holds the position must be provided.
NOFA Date.
Language authorizing Signatory(ies) to sign Standard Agreement (if more than one is listed, ensure "and" or "or" is defined for individuals required to sign).
Amendment Provision included.
Aggregate dollar amount (should be equal to or greater than the requested/award amount).
Person attesting validity of resolution (must be someone other than person authorized to sign Standard Agreement).
Organizational Documents
Uploaded to HCD?
Zip Code:CA
Uploaded to HCD?
94080
Contact Email:[email protected]
City:
Title:Management Analyst
Rev. 5/13/20
Phone:
South San Francisco
South San Francisco
South San Francisco
[email protected] Rep. Email:
Project and Applicant Information
§102 Eligible Applicants
(a) Applicant has created, funded, and operated an Existing or Local or Regional Housing Trust Fund, or that has created and funded a New Local or Regional Housing
Trust Fund?Yes
Applicant Name:
Applicant Information
Organization Type:
Address:
§101(p) “Local Housing Trust Fund” is a public, joint public and private, or charitable nonprofit organization organized under §501(c)(3) of the Internal Revenue Code, which was
established by legislation, ordinance, resolution (including nonprofit articles of incorporation), or a public-private partnership organized to receive specific public, or public and private,
revenue to address local housing needs. The key characteristic of a Local Housing Trust Fund is that it receives Ongoing Revenues from Dedicated Sources of funding sufficient to
permit the Local Housing Trust Fund to comply with the requirements of the Program.
400 Grand Avenue Zip Code:State:CA
Deanna Talavera
(1)(B) The Trust Fund is funded from Ongoing Revenues as required by the definition in §101 from Dedicated Sources of funding such as taxes, fees, loan repayments, or
public or private contributions?N/A
(3) The Native American Tribe or Tribes agrees to utilize Program Funds only for Eligible Projects either (A) located on Native American Lands or (B) in cities and counties
that have submitted to HCD the Annual Progress Report required by GC Code §65400 for the current year or prior year?
6508296631
Reso
94080
Auth Rep Name:Mike Futrell Title:6508296620
Contact Name:
File Name:
94080400 Grand Avenue City:State:
City:DRAFT
Rev. 5/13/20Project and Applicant Information
STD-204 Payee Data Record
Trust Fund Type: (a) Existing Local Housing Trust Fund
Date Established
File Name: Financial Statements
Uploaded to HCD?YesFile Name: 501 Determination 501(c)(3) nonprofit corporation only - determination letter regarding 501(c)(3) status
Uploaded to HCD?YesFile Name:
(a) The minimum application request shall be $1 million with a max request of $5 million.$1,000,000
§101(z) “Ongoing Revenues” means the following: (1) For an Existing Housing Trust Fund, it means a public or private source, or sources, of revenue totaling at least an average of
$100,000 per year for three years after the date of the Program award; (2) For a New Housing Trust Fund, it means sufficient public or private sources of revenue to pay for the Trust
Fund’s operating costs for a minimum of five years after the date of the Program award. (3) Ongoing Revenues may not include one-time donations, such as land donations or large
bequests.
File Name:
Uploaded to HCD?
Articles of Incorporation (Corp. Code §154, 200 and 202) as certified by the CA Secretary of State.
Bylaws and any amendments thereto (Corp. Code §207(b), 211 and 212).
Certificate of Amendment of Articles of Incorporation (Corp. Code §900-910 (general stock), §5810-5820 (public benefit and religious corporations), §7810-7820 (mutual benefit
corporations), or §12500-12510 (general cooperative corporations)) as applicable.
Restated Articles of Incorporation (Corp. Code §901, 906, 910 (general stock), §5811, 5815, 5819 (public benefit and religious corporations), §7811, 7815 and 7819 (mutual benefit
corporations) and §12501, 12506 and 12510 (general cooperative corporations)) as applicable.
Statement of Information (CA Secretary of State form SI-100 or SI-200)
Shareholder Agreements (Corp. Code §186) if applicable.
Certificate of Good Standing certified by Secretary of State.
Uploaded to HCD?
Payee Data Record
Signature Block
Amount of LHTF Program Funds Requested
$2,360,000Annual Ongoing Revenues
§101(e) “Dedicated Source” means taxes, fees, and loan repayments consistent with §104(c), and/or public or private contributions that will provide Ongoing Revenues to the Local
Housing Trust Fund sufficient to meet the LHTF Program requirements. Dedicated Source does not include lines of credit or loans obtained by the Trust Fund.
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD? File Name:
File Name:
Uploaded to HCD?
Uploaded to HCD?
Attach documentation for each source of Matching Funds. These include, but are not limited to, Bank statement(s) showing the deposit(s), letter of explanation for each deposit, and a
fully-executed, legally-binding commitment/award letter or contract from each funding entity; ordinances adopting fees and/or taxes, prior year financial statement showing fees and/or
taxes actually received; land title and appraisal dated within 6 months of application deadline documenting donated land value; Trust Fund loan portfolio spreadsheet showing
required interest payments, required principal payments, loan due dates, and required fees, as well as promissory notes for loans whose interest or payments are used as Matching
Funds.
File Name:Uploaded to HCD?
Uploaded to HCD?
Matching Fund 18
Uploaded to HCD?
Government TIN Form
Yes
Yes
YesUploaded to HCD?
501(c)(3) nonprofit corporation only - Audited financial statements (2 years)Uploaded to HCD?Yes
Uploaded to HCD?
§101(p) “Local Housing Trust Fund” - The key characteristic of a Local Housing Trust Fund is that it receives Ongoing Revenues from Dedicated Sources of funding sufficient to
permit the Local Housing Trust Fund to comply with the requirements of the Program
Ongoing Revenues
Matching Fund 17
Matching Fund 20
Matching Fund 19
File Name:
File Name:
Uploaded to HCD?
File Name:
Uploaded to HCD?
Matching Fund 13 File Name:
File Name:
File Name:
File Name: Matching Fund 10
Matching Fund 11 File Name:
File Name: Matching Fund 12
Matching Fund 14
§104 Matching Funds Requirements
Trust Fund Name: Affordable Housing Trust Fund
§103 and NOFA Funding Amount Minimums and Maximums
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Matching Fund 3
Matching Fund 4
Matching Fund 5
Matching Fund 6
Matching Fund 7
File Name:
File Name:
File Name:
(a) Applicant agrees Program Funds provided will be matched on a dollar for dollar basis with dedicated sources of funding, such as taxes, fees, or loan repayments, or
public or private contributions by the Applicant? Lines of Credit and loans received by the Trust Fund are not eligible sources of Matching Funds.Yes
(b) Applicant understands an application for LHTF funds will not be considered unless the application contains required documentation of the deposit in the Local Housing
Trust Fund of the local Matching Funds, and the identity of the source of Matching Funds, or evidence of a legally binding commitment to deposit the required Matching
Funds, and the identity of the source of Matching Funds?
Yes
Name of Matching Funds
Commercial Linkage Fees Fund for Bridge Housing Matching Fund 1
Gov't Agency Taxpayer ID Form
501(c)(3) nonprofit corporation only - Signature Block, upload in Microsoft Word Doc.
Organizational ChartOrgChart
File Name:
File Name:
File Name:
File Name:
Matching Fund 2 File Name:
File Name:
Matching Fund 8
Matching Fund 9
File Name:
Yes
Required Documentation for Matching Funds
(c) Applicant understands that funds restricted for housing use by state or federal law (such as funds from the Home Investment Partnerships Program (HOME), the
Community Development Block Grant Program (CDBG), redevelopment agency low- and moderate-income housing fund set-aside (LMIHF) funds, or state housing
programs administered by HCD), will not be considered Matching Funds? Permanent Local Housing Allocation (PLHA) Program funds may be considered Matching Funds
for Regional Housing Trust Funds.
Yes
(d) Applicant agrees that Matching Funds will be on deposit prior to disbursement of Program Funds?Yes
(e) Applicant agrees Matching Funds will be utilized on a dollar-for-dollar basis for the same Eligible Project for which Program Funds are used?Yes
Amount
$1,000,000
Total Matching Funds $1,000,000Matching Funds
Describe or Select
Matching Fund Type
Public Contribution
Matching Fund 15
Matching Fund 16
Ongoing Revenues must be at least an average of $100,000 per year for three years after Program award.DRAFT
Rev. 5/13/20Project and Applicant Information
Dedicated Source of Ongoing Revenues
Commercial Linkage Fees
Inclusionary Housing In Lieu Fees
Loan Repayments
Permanent Local Housing Allocation
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Average annual projected Operating Costs for the five years after Program award.Total Average Operating Costs
Annual Operating Cost
Uploaded to HCD?
Uploaded to HCD?
File Name:
File Name:
File Name:
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
Ongoing Revenue 25
Uploaded to HCD?
Ongoing Revenue 14
Ongoing Revenue 13
Ongoing Revenue 11
Ongoing Revenue 12
Uploaded to HCD?
Ongoing Revenue 24
Ongoing Revenue 23 Uploaded to HCD?
Ongoing Revenue 16
Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD?
File Name: Ongoing Revenue 22 Uploaded to HCD?
File Name: Ongoing Revenue 21 Uploaded to HCD?
Uploaded to HCD?
Uploaded to HCD? Yes
Required Documentation for Ongoing Revenues
Ongoing Revenue 3
Ongoing Revenue 4
Uploaded to HCD?
Ongoing Revenue 8
Ongoing Revenue 9
Ongoing Revenue 15
Attach documentation for each source of Ongoing Revenues. These include, but are not limited to, Bank statement(s) showing the deposit(s), letter of explanation for each deposit,
and a fully-executed, legally-binding commitment/award letter or contract from each funding entity; ordinances adopting fees and/or taxes, prior year financial statement showing fees
and/or taxes actually received; Trust Fund loan portfolio spreadsheet showing required interest payments, required principal payments, loan due dates, and required fees, as well as
promissory notes for loans whose interest or payments are used as Ongoing Revenues.
$190,000 Maximum Matching Funds for MI Households $190,000 Maximum MI assistance $380,000
Uploaded to HCD?
Uploaded to HCD?
File Name:
Ongoing Revenue 6
Ongoing Revenue 7
File Name:
$475,000 Minimum Matching Funds for LI Households
§107(d) Applicant's Loan Guidelines and Underwriting Standards and Procedures
Applicant must upload loan guidelines and underwriting standards and procedures. Describe the guidelines and underwriting standards and procedures.
$475,000 Minimum LI assistance $950,000
§105. Eligible Uses of Funds
Yes
Yes
Yes
Max Matching Funds admin. expenses (5%)$100,000Max Program admin. expenses (5%)Max admin. expenses
(c) Applicant agrees at least 30% of the Program Funds, after deducting administrative expense, and the Matching Funds will be expended on assistance to Extremely Low-
Income (ELI) Households. To comply with this requirement, dwelling units or shelter beds must be Affordable to, and restricted for, ELI Households with household income
of no more than 30% of AMI (see amount below)?
(d) Applicant agrees no more than 20% of the Program Funds, after deducting administrative expense, and the Matching Funds will be expended on assistance to Moderate-
Income (MI) Households. To comply with this requirement, dwelling units must be Affordable to, and restricted for, MI Households with household income of no more than
120% of AMI (see amount below)?
(e) Applicant agrees the remaining Program Funds and Matching Funds will be expended on assistance to Lower-Income (LI) Households. To comply with this requirement,
dwelling units must be Affordable to, and restricted for, LI Households with household income of no more than 80% of AMI (see amount below)?
$50,000 $50,000
Min Program funds for ELI Households $285,000 Minimum Matching Funds for ELI Households $285,000
Min Program funds for LI Households
Uploaded to HCD?
Uploaded to HCD? Yes
Describe or Select
Ongoing Revenues Type
Annual
Amount
Commercial Fees
Minimum ELI assistance $570,000
Max Program funds for MI Households
Uploaded to HCD?
(a) Applicant agrees Program Funds will be used to provide construction loans and/or permanent financing loans at simple interest rates of no higher than 3% per annum,
for payment of predevelopment costs, acquisition costs and other costs associated with the development, or rehabilitation of Eligible Projects?
(b) Applicant understands administrative expenses of up to 5% of Program Funds and up to 5% of Matching Funds are allowed (see amount below)?
File Name:
Yes
Ongoing Revenue 10
File Name:
File Name:$2,000,000
File Name:
Ongoing Revenue 20
Ongoing Revenue 17
Ongoing Revenue 18
Ongoing Revenue 19
File Name:
File Name:
File Name:
File Name:
Ongoing Revenue 5
Ongoing Revenue 1
Ongoing Revenue 2
File Name:
File Name:
File Name:
File Name:
File Name:
File Name:
File Name:
File Name:
File Name:
Residential in Lieu Fee $100,000
Loan Repayment $50,000
PLHA funds $210,000
File Name:
File Name: Ongoing Revenue 26
Marketing
$0
Phone and internet
Ongoing Revenue 27 Uploaded to HCD?
File Name:
Mailing fees
Recording fees
New Housing Trust Fund only: average annual operating cost
Salaries and benefits
Insurance
Utilities
Real property taxes
Rent
Supplies
Property maintenance
Other - describe
Other - describe
Other - describe
Other - describe
Interest on loans DRAFT
Rev. 5/13/20Project and Applicant Information
Proposed
amount
$1,000,000
Project Type and
Activity
Rental new
construction
Proposed Activity Timeline - provide a general timeline of implementation of your Project, including at a minimum, when you will issue
commitments, when construction loan closing will occur, and when you anticipate a disbursement of LHTF Program Funds.
Loan Commitment Issued: November 2018; Construction loan estimated closing date: November 2022; Proposed LHTF Program Funds
Disbursement Date- November 2022.
Guidelines 107d Local loan guidelines and underwriting standards and proceduresFile Name:Uploaded to HCD?Yes
List all of the proposed project(s) and activities in connection with this application as specified in §101(g), (1)(2)(3)&(4).DRAFT
Date
DatePrinted Name Title of Signatory Signature
Please provide a letter of explanation if you responded "Yes" to any of the questions above.
File Name: Cert. Letter of Explanation 'Letter of explanation for any "red" shaded cells above. Uploaded to HCD?
Mike Futrell City Manager
10. Within the past ten years, has the applicant been convicted of any felony? No
11. Within the past ten years, has the applicant been convicted of any misdemeanor related to the conduct of the applicant’s business? No
12. Within the past ten years, has the applicant been convicted of any misdemeanor for any financial or fraud related crime? No
7. Is the applicant currently a party to, or the subject of, or been notified that it may become a party to or the subject of, any criminal litigation, proceeding, charge, complaint,
examination or investigation, of any kind, involving, or that could result in, misdemeanor charges against the applicant for matters relating to the conduct of the applicant’s
business?
No
8. Is the applicant currently a party to, or the subject of, or been notified that it may become a party to or the subject of, any criminal litigation, proceeding, charge, complaint,
examination or investigation, of any kind, involving, or that could result in, criminal charges (whether felony or misdemeanor) against the applicant for any financial or fraud
related crime?
No
9. Is the applicant currently a party to, or the subject of, or been notified that it may become a party to or the subject of, any criminal litigation, proceeding, charge, complaint,
examination or investigation, of any kind, that could materially affect the financial condition of the applicant’s business?No
6. Is the applicant currently a party to, or the subject of, or been notified that it may become a party to or the subject of, any criminal litigation, proceeding, charge, complaint,
examination or investigation, of any kind, involving, or that could result in, felony charges against the applicant? No
1. Has the applicant filed a bankruptcy or receivership case or had a bankruptcy or receivership action commenced against it, defaulted on a loan or been foreclosed against
in past ten years ? No
2. Is the applicant currently a party to, or been notified that it may become a party to, any civil litigation that may materially and adversely affect (a) the financial condition of
the applicant’s business, or (b) the project that is the subject of the application?No
3. Have there been any administrative or civil settlements, decisions, or judgments against the applicant within the past ten years that materially and adversely affected (a)
the financial condition of the applicant’s business, or (b) the project that is the subject of the application?No
4. Is the applicant currently subject to, or been notified that it may become subject to, any civil or administrative proceeding, examination, or investigation by a local, state or
federal licensing or accreditation agency, a local, state or federal taxing authority, or a local, state or federal regulatory or enforcement agency? No
5. In the past ten years, has the applicant been subject to any civil or administrative proceeding, examination, or investigation by a local, state or federal licensing or
accreditation agency, a local, state or federal taxing authority, or a local, state or federal regulatory or enforcement agency that resulted in a settlement, decision, or
judgment?
No
Criminal Matters
Civil Matters
Printed Name Title of Signatory Signature
Legal Disclosure
For purposes of the following questions, and with the exceptions noted below, the term “applicant” shall include the applicant and joint applicant, and any subsidiary of the applicant or
joint applicant if the subsidiary is involved in (for example, as a guarantor) or will be benefited by the application or the project.
In addition to each of these entities themselves, the term “applicant” shall also include the direct and indirect holders of more than ten percent (10%) of the ownership interests in the
entity, as well as the officers, directors, principals and senior executives of the entity if the entity is a corporation, the general and limited partners of the entity if the entity is a
partnership, and the members or managers of the entity if the entity is a limited liability company. For projects using tax-exempt bonds, it shall also include the individual who will be
executing the bond purchase agreement.
The following questions must be responded to for each entity and person qualifying as an "applicant," or "joint applicant" as defined above.
Explain all positive responses on a separate sheet and include with this questionnaire in the application.
Exceptions:
Public entity applicants without an ownership interest in the proposed project, including but not limited to cities, counties, and joint powers authorities with 100 or more members, are
not required to respond to this questionnaire.
Members of the boards of directors of non-profit corporations, including officers of the boards, are also not required to respond. However, chief executive officers (Executive
Directors, Chief Executive Officers, Presidents or their equivalent) must respond, as must chief financial officers (Treasurers, Chief Financial Officers, or their equivalent).
4. As of the date of application, the Project, or the real property on which the Project is proposed (Property) is not part to or the subject of any claim or action at the State or Federal
appellate level.
5. I have disclosed and described below any claim or action undertaken which affects or potentially affects the feasibility of the Project.
In addition, I acknowledge that all information in this application and attachments is public, and may be disclosed by the State.
Mike Futrell City Manager
Bridge Housing Corporation, L37 Parners, City of South San Francisco.
Certification & Legal Status
On behalf of the entity identified in the signature block below, I certify that:
1. The information, statements and attachments included in this application are, to the best of my knowledge and belief, true and correct.
2. I possess the legal authority to submit this application on behalf of the entity identified in the signature block.
3. The following is a complete disclosure of all identities of interest - of all persons or entities, including affiliates, that will provide goods or services to the Project either (a) in one or
more capacity or (b) that qualify as a "Related Party" to any person or entity that will provide goods or services to the project. "Related Party" is defined in Section 10302 of the
California Code of Regulations (CTCAC Regulations):
TOD Page 6 of 9 Certification & LegalDRAFT
File Name: LOI 9 Uploaded to HCD?
File Name: LOI 10 Uploaded to HCD?
Enter developer name here
Enter developer name here
Enter LOI date
Enter LOI date
File Name: LOI 7 Uploaded to HCD?
File Name: LOI 8 Uploaded to HCD?
Enter developer name here
Enter developer name here
Enter LOI date
Enter LOI date
File Name: LOI 5 Uploaded to HCD?
File Name: LOI 6 Uploaded to HCD?
Enter developer name here
Enter developer name here
Enter LOI date
Enter LOI date
File Name: LOI 3 Uploaded to HCD?
File Name: LOI 4 Uploaded to HCD?
Enter developer name here
Enter developer name here
Enter LOI date
Enter LOI date
File Name: LOI 1 Uploaded to HCD?Yes
File Name: LOI 2 Uploaded to HCD?
Bridge Housing
Enter developer name here
Enter LOI date
Enter LOI date
(1) Non-Residential Matching Funds - 15 points max 15
0
File Name: MF Readiness List
Provide a list of rental projects that have received a first phase funding approval, and proposed loan
amounts.Uploaded to HCD?Yes
(2) Deeper Income Targeting - 20 points max 5
100.00%Matching Funds (sources other than residential Local Impact Fees or In Lieu Fees)
(5) Community Need - 15 points max (NOTE: this section will be scored by HCD only)0
(4) Increasing the Supply of Lower-Income (LI) Rental Housing - 20 points max 20
1
Explain below.
Bridge Housing's fully affordable project will be located in South San Francisco.
List the appropriate representatives from the areas that the Applicant serves.
$1,000,000 $1,000,000
List the jurisdictions that your trust fund serves: City of, County of, or Town of Of those served, which Jurisdictions will be served with this application.
City of South San Francisco
Minimum amount
of LI rental exp.$1,900,000
Percentage of Program Funds and Matching Funds Applicant commits to use for new construction of
rental housing developments Affordable to and restricted to households with average incomes of no
more than 60% of AMI?
HCD will provide the percentage of Lower-Income Households paying more than 50 percent of their household income for rent or owner expenses.
100.0%
% of Matching Funds$1,000,000 $1,000,000Total Matching Funds
Tie Breaker
District
#
State Assembly Member Name(s)
(First and last name)
$1,900,000 Max MI exp. (per
commitment)
(3) Readiness - 15 points max 5
Yes
Does Applicant commit to expend no more than 18% of its Program Funds
and Matching Funds on Moderate-Income (MI) households?Yes 18%If yes, select
MI exp. %
Program + Matching
Funds - Admin Exp.$342,000
Website address
that shows
projects status:
http://construction.ssf.net/
Program Funds +
Matching Funds -
Admin Exp.
$1,900,000
A Regional Housing Trust Fund meeting the description herein receive all points in this category: A Regional Housing Trust Fund is one that includes six jurisdictions (in counties with
total populations of 250,000 or less) or eight jurisdictions (in counties with more than 250,000), or that meets the minimum threshold (two jurisdictions with more than one million
people, or three jurisdictions in counties with total populations of 250,000 or less, or four jurisdictions in counties with more than 250,000), and includes more than 66% of the
population of the county or counties.
Jerry Hill Kevin Mullen
City of South San Francisco
13
11
Tie Breaker, if needed. Readiness: The extent to which the application identifies specific multifamily rental projects for which the trust fund has issued Letters of Intent (LOIs) to
developers for construction or permanent financing, (which includes dollar amounts). Explain below.
45Rev. 5/13/20Application Score - 100 points max §106(f)
State Senator Name(s)
(First and last name)
Congressperson Name(s)
(First and last name)
Jackie Speier
Total Amount of First Phase Funding First Phase Funding vs. Requested (times)Total Program Funds Requested
Has Applicant completed a first phase funding process for multifamily rental projects and announced
on its website the status of each project, including those projects that were approved to submit a
final application upon award of Program Funds by HCD §106(f)(3)?
(6) Regional Housing Trust Fund Applicants - 15 points Does your Regional Housing Trust Fund meet the description and requirements below? No
22
District
#
14
District
#
Scott Weiner
DRAFT
Yes
15
0
Yes
5
100.00%
0
20
$1,900,000
District
#
5
$342,000
A Regional Housing Trust Fund meeting the description herein receive all points in this category: A Regional Housing Trust Fund is one that includes six jurisdictions (in counties with
45
22
DRAFT
25 LHTF
24 LHTF
23 LHTF
22 LHTF
21 LHTF
20 LHTF
19 LHTF
18 LHTF
17 LHTF
16 LHTF
15 LHTF
14 LHTF
13 LHTF
12 LHTF
11 LHTF
10 LHTF
9 LHTF
8 LHTF
7 LHTF
6 LHTF
5 LHTF
4 LHTF
3 LHTF
2 LHTF
1 LHTF
Justification:
Issue #Program
Name Tab Section Cell#Update/Comment Urgency ADT Status Status Date
Rev. 5/13/20Application Development Team (ADT) Support Form
Organization:Email:Contact Phone:
Please complete the "yellow" cells in the form below and email a copy to: [email protected]. A member of the Application Development Team will respond to
your request within ASAP.
Full Name:Date Requested:Application
Version Date:DRAFT