...Title
City’s COVID-19 Response: Emergency Rental Assistance Program. - RECOMMEND DEFERRAL
...Recommendations
(a) Accept the staff report on the Emergency Rental Assistance program.
(b) Adopt a resolution:
(1) Accepting $30,379,739.90 in Emergency Rental Assistance funds from the U.S. Department of the Treasury and ratifying the City Manager’s signing of the award terms;
(2) Authorizing the City Manager to negotiate and execute the following grant agreements, including any amendments and revisions to said agreements and any necessary documents to effectuate the grant, to use Emergency Rental Assistance Funds to provide assistance to San José tenants and landlords who have been negatively impacted by the COVID-19 pandemic:
(i) With Destination: Home, a supporting organization of Silicon Valley Community Foundation, in an amount not to exceed $__ million to provide rental assistance, utility relief, and other eligible housing assistance to San José residents, as well as to fund case management and outreach efforts to connect San José residents with rental assistance, utility relief, and other housing assistance.
(c) Adopt the following Funding Sources Resolution and Appropriation Ordinance amendments in the Emergency Reserve Fund:
(1) Increase the estimate for Revenue from Federal Government by $30,379,740; and
(2) Establish the Emergency Rental Assistance appropriation to the City Manager’s Office in the amount of $30,379,740.
CEQA: Not a Project, File No. PP17-009, Staff Reports, Assessments, Annual Reports, and Informational Memos that involve no approvals of any City action. (Housing/City Manager)
[Deferred from 2/23/2021 - Item 8.3 (21-332)]
RECOMMEND DEFERRAL TO 3/9/2021 PER ADMINISTRATION