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April 15, 2025
Here are the top policy items on Supervisors’ agenda for Tuesday, April 15. The meeting is to begin at 9 AM.
Oak Hill Housing Development
Shortly after convening at 9 AM, the Community Development Agency (CDA) will share a report about the 230-unit Oak Hill Workforce Housing Project, a development being planned for unincorporated Larkspur. The joint powers authority (JPA) overseeing the project has started a guarantor financing program for local participating agencies. The project is facing a funding gap of $16.4 million primarily because of increased interest rates, and the guarantor program would close approximately $10 million of it. CDA proposes that the Board adopt a resolution to serve as a guarantor of 34 homes for its own employees. (Staff report).
Local Hazard Mitigation Plan
The Board will consider adoption of the County’s multi-jurisdiction local hazard mitigation plan (LHMP) into the Safety Element portion of the Marin Countywide Plan. Such adoption would allow the County to have increased access to State of California funding for public assistance projects such as debris removal, life-saving protective measures, and restoration of public infrastructure. The Countywide Plan would then comply with state Assembly Bill 2140 and increase the odds of cost-sharing during an emergency recovery phase. (Staff report, news release).
Loan to Habitat for Humanity
The Board plans to review a request, and potentially approve, a loan totaling $5,239,098 from the Marin County Housing Trust Fund to Habitat for Humanity Greater San Francisco. The funding would go toward the predevelopment and construction costs for 60 low-income affordable homes at 8161 Redwood Boulevard in Novato. When fully funded and built, the homes will be made available for low- and moderate-income families. Sales prices are estimated to be between $467,063 and $689,554 for the low-income units. (Staff report, news release).
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