FULL AGENDA PACKET 2021-07-06 - Laserfiche WebLink

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EXHIBIT I landlord. The program also allows for prospcctivc payments of 25`70 of monthly rent for the months of April, May, and June. Establishes a requirement for funds to be administered in of least three rounds, prioritizing: (1) Below 5D'7o AMI or unemployed for 90 days: (2) Below 80°7o AMI and in a communily disproporlionalely impacled by Covid-19: (3) Below 8017o AMI and not addressed by rounds 1 & 2. For purposes of stabilizing households and preventing evictions, rental arrears shall be given priority. Proposed Implementation Model Last year. AB 3088 included a provision requiring the California's Business, Consumer Services and Housing Agency (Agency) to conduct a stakeholder engagement process to ensure the state is ready to implement future federal relief. As part of this stakeholder process as well as ongoing workshops and listening sessions, the Agency learned a great deal both from stakeholders and other state and local partners which has informed our administrative framework on how to most effectively deploy these resources. Kcy tenants of this implementation model include: o Ability to meet the new federal AMI targets within a rapid implementation timeframe. Desire for consistent treatment of landlords and tenants throughout the state to support equity of distribution as well as clarity of messaging. o Bolancing the need of fraud prcvcnlion and conlrolling duplicolion of bCnOfil; with the need to be flexible and provide landlords and tenants with multiple methods to verify eligibility. o Ensuring the state allocation is directed equitably across the state and is expended in alignrnenl with direct UST allocalions. o Structuring a program to provide local, regional and community facing outreach to encourage participation and support applicants. o Recognition that there are many competing priorities locally and that many jurisdictions could benefit from having a central solution that removed the odminislralive and logislical burden to rnonaging This program. o Provide flexibility in the model to account for local jurisdictions' preference and needs. Accordingly, the State of California will be utilizing its allocation of federal rental assistance resources as follows: A. Create a State Rental Assistance Program managed centrally by a Community Dcvclopmcnt Financial Institution (CDFI) to servo countics with populations under 200.000 and the cities within those countics. Ensurc equitable distribution by providing these jurisdictions a state reservation based on population. UST funds administered through the program will be expended solely within each participating jurisdiction. 3o, 6tv Council 9 — 62 716/2021