No earlier than 2:45 p.m., the Board will hear a request from the Community Development Agency to approve a Measure W community housing funding recommendation for 430 Aspen in Bolinas. The nonprofit Bolinas Community Land Trust applied for $150,000 in Measure W funds to renovate a 1-bedroom home and accessory dwelling unit for lower-income occupants. One alternative is to allocate $100,000 based on the County's past practice of investing approximately $50,000 for each unit of affordable housing. Another alternative is to allocate the full $150,000 as requested given the high cost of development in the coastal areas and the limited opportunities to create affordable housing in West Marin. Staff recommends that the Board review and approve one of two funding recommendations outlined in the staff report and authorize the Board President, subject to County Counsel approval, to execute documents related to the funding request. The use of Measure W funds has no impact on the County's General Fund.
This agenda item was postponed to a later date.
Need more info? See the staff report about the use of Measure W community housing funds.
Contact: Leelee Thomas, Planning Manager, Community Development Agency
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