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Board authorizes PLHA Amendment 5 to reallocate local housing funds, covering Greenfield Commons and first-time buyer programs
Summary
Monterey County authorized an amendment to its Public Housing Local Allocation (PLHA) plan to reclassify previous activity allocations and secure funding commitments for Greenfield Commons and new first-time homebuyer assistance; the board approved the amendment by unanimous vote.
The Monterey County Board of Supervisors authorized staff to request California Department of Housing and Community Development approval for Amendment 5 to the county's Permanent Local Housing Allocation (PLHA) plan on June 17.
Housing staff explained the PLHA program (created by the state's Building Homes and Jobs Act) allocates revenues from a real-estate recording fee to local housing activities. Monterey County and several smaller jurisdictions (Carmel-by-the-Sea, Greenfield, Soledad) pooled formula grants…
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