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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />JUNE 4, 2019 <br />TITLE: <br />ADOPT RESOLUTION TO JOIN THE <br />ORANGE COUNTY HOUSING FINANCE <br />TRUST AND APPROVE JOINT POWERS <br />AGREEMENT (NOT TO EXCEED $25,000 <br />ANNUALLY) <br />(STRATEGIC PLAN NO. 5, 3C) <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1u Reading <br />❑ Ordinance on 2n° Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Adopt a resolution authorizing the City's participation in the Orange County Housing Finance <br />Trust, and an annual contribution amount for administrative cost not to exceed $25,000 <br />starting in Fiscal Year 2020-21 with future adjustments pursuant to the Consumer Price Index, <br />subject to non -substantive changes approved by the City Manager and City Attorney. <br />2. Authorize the City Manager and the Clerk of the Council to execute the Joint Powers <br />Agreement which implements the Orange County Housing Finance Trust, subject to non - <br />substantive changes approved by the City Manager and City Attorney. <br />DISCUSSION <br />The Orange County Housing Finance Trust (OCHFT) is a Joint Powers Authority (JPA) that <br />shares — among city members and the County of Orange — the ability to secure and allocate <br />funding for affordable housing projects and programs, more specifically as it relates to housing <br />that addresses persons formerly homeless. <br />The Trust emphasizes funding for "supportive housing," which is housing for persons that may <br />require additional on -site or other local services to remain in housing. These services may <br />include social services, mental health services, health care, counseling, and life and budget <br />planning. <br />Specifically, as the Orange County region's housing prices have risen and the quantity of units <br />have not kept up with demand, Orange County's cities have seen an increase in persons <br />experiencing homelessness. The Orange County Housing Finance Trust was meant to increase <br />funding available to a portion of the housing solutions to address homelessness — the part at the <br />end of the housing continuum, where a homeless person has been stabilized enough to live in <br />55C-1 <br />