HomeMy WebLinkAboutTransmittal - 9/30/2024SALT LAKE CITY TRANSMITTAL
To:
Salt Lake City Council Chair
Start Date:
09/30/2024
Date Sent to Council:
09/30/2024
From:
Employee Name:
Matthes, Ruedigar
E-mail
ruedigar.matthes@slc.gov
Department
Community and Neighborhood
Department Director Signature Chief Administrator Officer's Signature*
Director Signed Date
09/30/2024
Chief Administrator Officer's Signed Date
09/30/2024
Subject:
Relocation Assistance Fund for Tenants Framework
Additional Staff Contact:
Tammy Hunsaker (Tammy.Hunsaker@slc.gov),Meredith Muller (Meredith.Muller@slc.gov)
Presenters/Staff Table
Meredith Muller, Ruedigar Matthes
Document Type*
Information Item
Budget Impact*
Yes
No
Budget Impact:
Recommendation:*
No action needed
Background/Discussion (?)
In 2023, the City Council adopted Thriving in Place (TIP) and Housing SLC (HSLC). Both of these housing plans articulated a need to support renter households, especially in light of increased development pressure. Accordingly, both plans set forth goals to develop and administer a Relocation Assistance Fund for Tenants (RAFT) who are displaced from their housing in Salt Lake City. Ahead of the adoption of TIP, the City Council allocated $180,000 toward the administration of RAFT through FY23-24 Funding our Future (FoF) funds. In fall 2023, a Request for Proposals was released, and a contractor was subsequently selected to administer RAFT. To aid in the administration of RAFT, the Administration has developed a framework that outlines eligibility criteria for households, types of displacement events that qualify, assistance amounts, eligible uses of funds, and data collection requirements to aid in monitoring the success of RAFT.
The Administration has developed a framework for the administration of the FY23-24 RAFT funding for the Council’s review and feedback. Since the City has not historically administered a program similar to RAFT, the Administration intends to administer the funds pursuant to this framework, report back to the Council on outcomes, and modify the framework based on learned information, if necessary. This transmittal is informational only, however, the Administration welcomes the Council's feedback.
Qualifying Categories of Displacement
Demolition,Substantial renovation or rehabilitation,Change of use of residential rental property, orRemoval of rent or income restrictions from housing development(s).
Tenant Eligibility for Assistance
Low-income household (80% AMI or less),Salt Lake City resident in housing effected by qualifying displacement event at time of qualifying displacement event,One tenant per household may receive assistance.
AssistanceLimits
Four (4) times the Fair Market Rent published by the U.S. Department of Housing and UrbanDevelopment (HUD) according to the greater of:
Number of bedrooms in unit from which displaced orNumber of persons in household
Funding will be disbursed on a first-come, first-served basis to qualifying households.
Eligible Uses
Due to the high price of housing in Salt Lake City, displaced households may have difficulty finding housing that meets their needs in Salt Lake City. While there is a preference for relocating within Salt Lake City, households may use funds to relocate anywhere within Utah. Eligible uses of funds include:
Moving expenses,Application fees and other fees required to secure new housing,Security deposits,Pet deposits,Deposits for first and last month rent,Utility connections, and/orOther expenses related to moving and settling into new housing.
Program Evaluation and Data Collection
Through the administration of RAFT, the City, or a third party administering RAFT on behalf of the City, will collect aggregate data to monitor the impact of RAFT. This data will include:
Number of households served Demographics of households served, including: Race/ethnicityLanguage spokenIf the household includes children under the age of 18DisabilityVeteran statusHousehold income band (e.g., < 30%AMI, <50% AMI, <80% AMI)ZIP code from where the household is being displacedZIP code to which the household is relocatingAmount of funding per household
Proposed Next Steps and Timeline
Fall 2024 – Launch RAFTJanuary 2025 – RAFT Q1 ReportApril 2025 – RAFT Q2 ReportJuly 2025 – RAFT Q3 ReportOctober 2025 – RAFT Year 1 Report
Will the City Council need to hold a public hearing for this item?*
Yes
No
Public Process
Council approved budget in the FY23-24 Budget; Competitive RFP process for contractor occurred in Fall-Spring 2023-2024.
Proposed next steps and timeline include:
Fall 2024 – Launch RAFTJanuary 2025 – RAFT Q1 ReportApril 2025 – RAFT Q2 ReportJuly 2025 – RAFT Q3 ReportOctober 2025 – RAFT Year 1 Report
Chief Administrator Officer's Comments