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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