ALAMEDA-CONTRA COSTA TRANSIT DISTRICT - Report ID: 18-316b

• Report ID: 18-316b
• Type: Regular - Finance & Audit
• Meeting Body: Board of Directors - Regular Meeting
• Meeting Date: 6/10/2020
• Final action: 6/10/2020
• Recommended Action: Consider authorizing the General Manager or his designee to execute standard agreements 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 Bridge Housing Corporation (BRIDGE) and the Berkeley Food and Housing Project (BFHP) in connection with the project located at 2012 Berkeley Way in Berkeley, California, and authorize the purchase of one zero emission bus with project grant funds.

Date	Action By	Action	Result
6/10/2020	Board of Directors - Regular Meeting	Approved	Pass

TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager
SUBJECT: Execute AHSC Grant Agreements and Bus Purchase for Berkeley Way

ACTION ITEM

RECOMMENDED ACTION(S):

Title
Consider authorizing the General Manager or his designee to execute standard agreements 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 Bridge Housing Corporation (BRIDGE) and the Berkeley Food and Housing Project (BFHP) in connection with the project located at 2012 Berkeley Way in Berkeley, California, and authorize the purchase of one zero emission bus with project grant funds.
Body

STRATEGIC IMPORTANCE:

Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization

Signing these documents is critical to the District being able to receive much needed grant funding.

BUDGETARY/FISCAL IMPACT:

The grant award will provide the District with $1.3 million for the purchase of one zero emission bus and necessary infrastructure. No District matching funds are required. The developer is also directly receiving $73,968 in AHSC grant funds to purchase EasyPass for residents for three years.

BACKGROUND/RATIONALE:

With the approval of Staff Report 18-316 the Board authorized joining an application for funding under the AHSC program that includes funding for purchase of one zero emission bus and associated infrastructure. The application is based on an affordable housing development in the City of Berkeley. The project is planned to be a 142-unit affordable housing development with 89 units of affordable housing and 53 units of permanent supportive housing. AC Transit is a co-applicant along with BRIDGE and BFHP. BFHP is a partner to BRIDGE in the supportive housing portion of the development.

The grant application was awarded, and staff is now returning to the Board to seek approval to enter into...