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Clearlake hears plan to join regional housing trust fund to leverage state matching funds
Summary
County and city staff briefed the council on a proposed Lake County Regional Housing Trust Fund that would pool local contributions to attract state matches and provide gap financing for affordable housing; council asked questions about governance, contributions and priorities and directed staff to return with administrative guidelines.
Clearlake councilmembers on Nov. 7 heard a multi‑jurisdiction presentation on forming a Lake County Regional Housing Trust Fund designed to pool local dollars and leverage state matching funds for affordable housing production, preservation and supportive services.
Lisa Judd, deputy county administrative officer for housing, told the council the trust fund would be a regional mechanism covering the County of Lake, Clearlake and Lakeport. She said the county has identified $2 million in seed funding (a combination of $1 million ARPA and $1 million general fund), and that additional contributions could include permanent…
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