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SBCAG approves REAP actions: terminates Housing Trust Fund 3D home project, reallocates unspent funds to Santa Maria
Summary
SBCAG voted to terminate the Housing Trust Fund's REAP 3D‑printed home agreement after cost overruns and technical vendor failures, and to reallocate the unspent $245,576.17 to the City of Santa Maria's downtown revitalization project; the board requested additional accounting and confirmation from HCD about repayment/clawback risk.
The SBCAG board on Nov. 20 approved staff recommendations on Regional Early Action Planning (REAP 2) grants that included terminating an agreement with the Housing Trust Fund of Santa Barbara County for a 3D‑printed affordable housing unit and reallocating the unspent grant funds to the City of Santa Maria.
Staff reported the Housing Trust Fund had been awarded $372,414 but incurred $126,837.83 in allowable expenses, leaving an unspent balance of $245,576.17. Mike Becker told the board that HCD…
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