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Report ID: 18-035a   
Type: Regular - Finance & Audit
Meeting Body: Board of Directors - Regular Meeting
Meeting Date: 6/12/2019 Final action: 6/12/2019
Recommended Action: Consider authorizing the General Manager or his designee to execute a standard agreement and related documents in substantially similar form under the State of California's Affordable Housing and Sustainable Communities Program (AHSC) as a joint applicant and joint grantee with Satellite Affordable Housing Associates (SAHA) and with the City of Oakland in connection with the project at 3268 San Pablo Avenue, Oakland, California.
Attachments: 1. STAFF REPORT, 2. Att.1. Full Std Agreement Package 3268 SP, 3. Att.2. AC-Oakland-SAHA 3-Party Indemnity
TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager
SUBJECT: AHSC Grant Agreement for 3268 San Pablo Avenue

ACTION ITEM

RECOMMENDED ACTION(S):

Title
Consider authorizing the General Manager or his designee to execute a standard agreement and related documents in substantially similar form under the State of California's Affordable Housing and Sustainable Communities Program (AHSC) as a joint applicant and joint grantee with Satellite Affordable Housing Associates (SAHA) and with the City of Oakland in connection with the project at 3268 San Pablo Avenue, Oakland, California.

Body
BUDGETARY/FISCAL IMPACT:

The grant award will provide the District with $1,200,000 to purchase a zero-emission bus and any required infrastructure. The type and manufacturer of the bus have not yet been determined, but the funding along with other available grant sources should be sufficient to cover the expected capital costs so that no District Capital matching funds will be required. The developer is also receiving nearly $140,000 in AHSC grant funds to provide EasyPasses for residents for three years.

BACKGROUND/RATIONALE:

With the approval of Staff Report 18-035 the Board authorized joining an application for funding under the AHSC program that includes funding for a zero-emissions bus. The application is based on an affordable housing development at 3268 San Pablo Avenue in the City of Oakland. The project is planned to be a 51-unit affordable housing development for low-income seniors led by SAHA in partnership with the City of Oakland. AC Transit is a co-applicant along with the developer and Oakland.

The grant application was awarded and staff is now returning to the Board to seek approval to enter into the necessary agreements for the funding award. Specifically, under this award the District will receive $1.2 million to purchase a zero-emissions bus to be used primarily on the 72, 72M, or 802 lines that serve the nearest bus stop to the hou...

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