HOUSING AUTHORITY BOARD OF DIRECTORS

hard cost estimate and based on this information, HUD indicated approval of staffs analysis. With HUD's technical assistance approval, the Housing Authority is prepared to submit the entire application, and all other required supporting documentation, to HUD. It is anticipated that the application will include the following components: . General information about the project site and the Housing Authority • Information regarding existing Kottinger Place operating and capital subsidies . A Board Resolution from the Housing Authority • Evidence of completion of an environmental review (This was completed in October, 2013) • Letters of support from the City Council and Congressman Swalwell (previously approved) . Description of the proposed disposition action (demolition and construction of a new development) • Information regarding resident relocation, consultation with residents, and a general timetable for relocation • A certification signed by the Executive Director Once the application is submitted, HUD has 90-125 days to review and respond to the Housing Authority. MidPen and staff will remain in contact with HUD during the process and will follow up on project status and any required additional information. If approval is received, Mid Pen and staff will work with the Housing Authority of Alameda County to access the rental subsidy vouchers and will work with Pleasanton Gardens regarding its ongoing and eventual role. As part of the application process, the Housing Authority Board of Directors must approve the attached resolution indicating support for project disposition and submission of the application, recognition of the letter from the Mayor and City Council supporting the disposition that was approved by the City Council on November 5, 2013 (Attachment 2), attesting that the Housing Authority sought resident input regarding the proposed project (A resident meeting was held on October 31, 2013) and recognition of the fact that there will need to be a tenant relocation plan. Regarding the application itself, MidPen is currently working with staff in preparing the document and staff anticipates it will be completed in approximately ten days. Regarding tenant relocation, MidPen has been working on an overall relocation plan and most recently it held a meeting with City staff to explore coordination of project construction and tenant relocation. As currently planned, tenants from Kottinger Place will require a temporary relocation for a period of up to twelve months while tenants from Pleasanton Gardens will be relocated from their current homes to the new Kottinger Gardens development. However, the Pleasanton Gardens tenants would be given first priority to relocate back to the new development on the current Pleasanton Gardens site should they wish to do so. MidPen and its relocation consultant will be finalizing the tenant relocation plan over the next few months. Assuming HUD's approval, MidPen will begin preparing an application to the state for a March 2015 submittal for 9% low income housing tax credits, which will provide the Page 3 of 4