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Board receives Title 29 affordable‑housing report, forms ad hoc committee to explore funding alternatives
Summary
County staff reported $1.12 million dispersed from Title 29 in FY2023–24 and outlined projects funded or under development; the board received the report and created an ad hoc committee of supervisors to pursue alternative funding and housing policy options.
San Luis Obispo County staff presented the Title 29 Affordable Housing Fund annual report for fiscal year 2023–24 and the board voted to receive the report and form an ad hoc committee to work with stakeholders on housing‑funding options.
Marge Castle, program manager in Homeless Services, and George Solis, administrative services manager, told the board Title 29 dispersals totalled $1,121,031 during the year; committed but not yet disbursed prior allocations total $340,163; the 2024 action plan allocated $518,503 and the remaining balance stands at $149,085 (not adjusted for risk). Staff said 158 new affordable units were leased in the reporting period and described completed and in‑progress projects, including Templeton Place 2 (36 senior units), Rockview at Sunset (34 units, Morro Bay), Pismo Terrace (50 units) and Tuscano (38 units), plus projects in development such as Del Rio Ridge, Arroyo Terrace and Monterey Crossing.
Staff also noted risk‑rated funds totaling $27,567 (high and medium risk) that should not be included in the 2025 Notice of Funding Availability, leaving a recommended available amount of $121,518 for the next NOFA. The department said some projects remain dependent on additional state, local and tax‑credit funding.
Public commenters and industry representatives urged careful program design. Mike Brown (CoLab) recommended clearer slide presentations showing Title 29 amounts alongside the larger financing stacks that make multi‑family projects feasible and cautioned against reactivating the prior in‑lieu fee without adequate revenue. Lindy Hatcher of the Home Builders Association urged broader outreach and consideration of alternatives such as a hospitality‑sector transient occupancy tax allocation and employer‑led housing consortia.
In response to the report, the board unanimously received and filed the Title 29 report and directed staff to support an ad hoc Board committee (Supervisors Ortiz and Paulding volunteered) to engage nonprofit developers, the Home Builders Association and other stakeholders in developing alternatives and implementing previously directed actions from the board’s housing policy work plan.
What happens next: staff will return with details on implementation options, an updated schedule from Planning & Building and committee meeting logistics; the ad hoc committee will advise and make recommendations to the full board.
