REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
September 26, 2023
FROM
CARRIE HARMON, Director, Community Development and Housing Department
GEORGINA YOSHIOKA, Director, Department of Behavioral Health
SUBJECT
Title
California Housing Finance Agency Local Government Special Needs Housing Program Financing Loan Assignment - Desert Haven
End
RECOMMENDATION(S)
Recommendation
1. Approve Special Needs Housing Program Assignment and Assumption Agreement (CalHFA Development No. 19-083-M), between the California Housing Finance Agency, the County, and Desert Haven Victorville, LP, whereby the County will assume the $2,173,669 promissory note and all of the rights and responsibilities related to the development of the Desert Haven multifamily residential rental housing project offering supportive services, on the date signed by the California Housing Finance Agency.
2. Authorize the Chair of the Board of Supervisors, the Chief Executive Officer, or the Director of Community Development and Housing Department, upon consultation with County Counsel, to make any necessary non-substantive amendments and approve and execute all ancillary documents required for the project's financing closing.
3. Direct the Director of Community Development and Housing Department to transmit any non-substantive amendments 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
Provide for the Safety, Health and Social Service Needs of County Residents.
Pursue County Goals and Objectives by Working with Other Agencies and Stakeholders.
FINANCIAL IMPACT
This item will not result in the use of Discretionary General Funding (Net County Cost). The funding is a one-time capital funding loan for the development of the Desert Haven multifamily residential rental housing project (Project) made by the Californ...
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