RESOLUTION NO. _____________

BOARD OF SUPERVISORS, COUNTY OF SAN MATEO, STATE OF CALIFORNIA

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RESOLUTION AMENDING THE 2007-08 STATE LEGISLATIVE SESSION PROGRAM TO INCLUDE LEGISLATIVE PROPOSALS REGARDING DEDICATED REVENUE AND FUNDING FOR LOCAL HOUSING TRUSTS

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RESOLVED, by the Board of Supervisors of the County of San Mateo, State of California, that

WHEREAS, there is strong consensus that developing affordable housing is necessary to sustain California’s economic vitality and to keep pace with the state’s population growth; and

WHEREAS, local governments, foundation and corporate contributions have combined to establish 37 local housing trusts in California, including in San Mateo County; and

WHEREAS, the State’s Strategic Plan for housing calls for dedicated revenue for affordable housing since there exists no dedicated revenue for affordable housing construction in California; and

WHEREAS, on November 30, 2006 the County hosted a housing forum to discuss dedicated revenue for California’s local housing trusts; and

WHEREAS, four legislative proposals that arose from the housing forum have been refined and show promise including document fees, the pooling of redevelopment authority funds, allocation of Proposition 1C funds to local housing trusts and the use of ERAF funds as a matching incentive for local investments in affordable housing.

NOW, THEREFORE, IT IS HEREBY DETERMINED AND ORDERED that the Board of Supervisors amends the 2007-08 State Legislative Session Program to include legislative proposals regarding dedicated revenue and funding for local housing trusts.

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