Resolution 16014CITY OF ALAMEDA RESOLUTION NO. 16014
AUTHORIZING APPLICATION TO COUNTY OF ALAMEDA FOR
MEASURE A-1 FUNDS OF $1,663,654; AND USE OF $1,663,654 OF
MEASURE A-1 FUNDS FOR THE REBUILDING THE EXISTING
SUPPORTING HOUSING AT ALAMEDA POINT PROJECT (RESHAP)
WHEREAS, on November 8, 2016, Alameda County voters passed a
$580,000,000 Countywide Housing Bond ("Measure Al"), which will fund three
homeownership programs and two rental housing development programs; and
WHEREAS, $425,000,000 of the total Countywide Housing Bond is allocated to
the Rental Housing Development Fund to assist in the creation and preservation of
affordable rental housing for vulnerable populations. The Rental Housing Development
Fund consists of two components: a "Base City Allocation" for each city in Alameda
County and the unincorporated County and four regional pools to which cities can apply
for funding to augment their Base City Allocation. The City of Alameda's Base City
Allocation is $10,400,000; and
WHEREAS, currently the remaining balance of the City of Alameda's Base City
Allocation is $1,663,654; and
WHEREAS, In June 2018, the City entered into a Disposition and Development
Agreement (DDA) with MidPen Housing Corporation (MidPen) and Alameda Point
Collaborative, Building Futures With Women and Children, and Operation Dignity (the
Collaborating Partners, and together with MidPen, the Developer); and
WHEREAS, consistent with the DDA, as amended, the project will include three
hundred and nine (309) housing units made available to low and very low income levels,
which project is referred to as the Rebuilding the Existing Supporting Housing of Alameda
Point (RESHAP); and
WHEREAS, In June 2018, RESHAP assigned the Affordable Housing
Implementation Plan contained in the DDA to MidPen, a highly qualified nonprofit
affordable housing developer, thereby officially designating MidPen as the Qualified
Affordable Housing Developer pursuant to the DDA, as amended, and
WHEREAS, due to the recent changes in the financial environment, a funding
shortfall is anticipated and the RESHAP project's feasibility would benefit from applying
to the County of Alameda for and allocating to the RESHAP project the remaining
balance of $1,663,654 in Base City Allocation of Measure A-1 funds; and
WHEREAS, the City Council has considered the report and recommendations on
the proposed application for and use of the grant funding and has determined that the
application is appropriate and the proposed use is both fair and appropriate.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda
that City staff are hereby directed to apply to the County of Alameda for Measure A-1
funds in the amount of $1,663,654, and that said $1,663,654 in Measure A-1 funds is to
be appropriated to the RESHAP project.
I, the undersigned, hereby certify that the foregoing Resolution was duly and
regularly adopted and passed by the Council of the City of Alameda in regular meeting
assembled on the 6th day of December 2022 by the following vote to with:
AYES: Councilmembers Daysog, Herrera Spencer, Knox White,
Vella and Mayor Ezzy Ashcraft — 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal
of said City this 7th day of December 2022.
1' J
Lara Weisiger, City Clerk
City of Alameda
Approved as to form:
Yibin Shen, City Attorney
City of Alameda