AGENDA DATE: 9/18/2024
TITLE:
Title
FY 2024 Pathways to Removing Obstacles to Housing (PRO Housing) Grant
BODY
SUBJECT/PROPOSAL/REQUEST: Public hearing to receive comments on an application for the federal FY 2024 PRO Housing Round 2 grant program.
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Richardson, Herrick, Curfman, Dimock, Pethia
PRESENTER (S): Stacy Pethia
LEGAL REVIEW: Yes
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: In April 2019, the Thomas Jefferson Planning District Commission (TJPDC) released the Comprehensive Regional Housing Study and Needs Analysis. The report identified an affordable housing gap of 10,070 units through the year 2040.
On July 7, 2021, the Board of Supervisors approved Housing Albemarle, the County's new housing policy, which recommends utilizing county-owned property for affordable housing construction (Strategy 1a.)
On August 13, 2024, the U.S. Department of Housing and Urban Development (HUD) issued a Notice of Funding Opportunity for the FY 2024 Pathways to Removing Obstacles to Housing (PRO Housing) Round 2 grant program. The grant funding can be used for a variety of activities that directly support the County's efforts to increase affordable housing opportunities for low- and moderate-income households.
STRATEGIC PLAN: Quality of Life: Encourage a vibrant community with economic and recreational opportunities that serve all community members.
DISCUSSION: Under the FY 2024 PRO Housing Round 2 grant program, HUD is making available $100 million in funds to support programs and activities that identify and remove barriers to affordable housing production and preservation. Applicants may request up to $7 million in grant funding, and grantees may use awards to further develop, evaluate, and implement housing policy or plans, improve housing strategies, and facilitate affordable housing production and preservation.
Staff is proposing the County submit an application requesting $6.5 million ...
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