CITY COUNCIL REGULAR MEETING AGENDA PACKET 4-21-26

Page 1 of 3 Item #4 CITY COUNCIL AGENDA REPORT April 21, 2026 Community and Economic Development TITLE: ADOPT A RESOLUTION AUTHORIZING (1) CONTINUED PARTICIPATION OF THE CITY OF PLEASANTON IN THE ALAMEDA COUNTY HOME CONSORTIUM AND (2) EXECUTION OF THE NECESSARY DOCUMENTS TO MAINTAIN ELIGIBILITY OF THE CONSORTIUM FOR HOME PROGRAM FUNDS IN ACCORDANCE WITH THE NATIONAL AFFORDABLE HOUSING ACT OF 1990 SUMMARY The City needs to renew the cooperative agreement with Alameda County to continue Pleasanton's participation in the Alameda County HOME Consortium for the next three fiscal years (2027, 2028, and 2029). The proposed action is necessary for the City to continue receiving an annual federal HOME grant for affordable housing projects and activities. RECOMMENDATION Adopt a resolution authorizing the renewal of a cooperative agreement with Alameda County to participate in the Alameda County HOME Consortium for the purpose of receiving federal HOME funds for affordable housing development for Fiscal Years 2027, 2028, and 2029. BACKGROUND The Home Investment Partnership Program (HOME) was established through the Cranston- Gonzalez National Affordable Housing Act of 1990 to provide funding for the new construction or substantial rehabilitation of affordable housing. The program is separate from other federal programs, such as the Community Development Block Grant (CDBG) program. When the HOME program was first established, the only cities in Alameda County that met the Department of Housing and Urban Development (HUD) criteria for an independent HOME funding allocation were Oakland and Berkeley. To attain eligibility to receive a HOME funds allocation, the remaining smaller jurisdictions in Alameda County entered into an agreement in 1993 to form the Alameda County HOME Consortium. The Consortium provided the necessary mass to qualify as a "jurisdiction" for the purpose of receiving HOME funds. Pleasanton has been a member of the Alameda County HOME Consortium since 1993, and has participated in the HOME program through an existing cooperative agreement with Alameda County, which was approved by the City Council in 1993 and renewed every three years. The last three-year cooperative agreement was approved in 2023. The agreement delegated to the City Manager the authority to perform the necessary administrative functions related to the HOME program during the terms of the past three-year cooperative agreements. The current cooperative agreement expires on June 30, 2027. Through this participation, the City has been eligible to receive approximately $130,000 of HOME funds each year. The use of these funds over the past 25 years is shown in Attachment 3, and has included contributions to affordable housing projects, and in more recent years, Page 45 of 846