REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
March 26, 2024
FROM
CARRIE HARMON, Director, Community Development and Housing Department
SUBJECT
Title
Revocable Grant Agreement with HHCA RE2421, LLC and Helping Hearts California, LLC for the Kern Street Facility Project
n
RECOMMENDATION(S)
Recommendation
1. Approve Revocable Grant Agreement, and its related exhibits, in an amount not to exceed $2,500,000, with HHCA RE2421, LLC and Helping Hearts California, LLC, to increase homeless housing capacity at the Kern Street Facility project for a 20-year term commencing on March 26, 2024.
2. Approve the non-financial Regulatory Agreement with HHCA RE2421, LLC and Helping Hearts California, LLC, incorporated by the terms of the Revocable Grant Agreement in Recommendation No. 1, to restrict the use to homeless housing at the Kern Street Facility project for a 20-year term commencing on March 26, 2024.
3. Authorize the Auditor-Controller/Treasurer/Tax Collector to post the necessary budget adjustments as detailed in the Financial Impact section (Four votes required).
4. Authorize the Chief Executive Officer or Director of the Community Development and Housing Department, subject to review by County Counsel, to execute the Regulatory Agreement and make any necessary non-substantive modifications to the exhibits attached to the Revocable Grant Agreement to conform to the transaction and execute all required documents, including escrow instructions, related this transaction.
5. Direct the Director of the Community Development and Housing Department to transmit the Regulatory Agreement and modifications to the related exhibits attached to the Revocable Grant Agreement to the Clerk of the Board of Supervisors within 30 days of execution.
(Presenter: Carrie Harmon, Director, 382-3983)
Body
COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Promote the Countywide Vision.
Create, Maintain and Grow...
Click here for full text