REPORT TO BICYCLE AND PEDESTRIAN ADVISORY COMMISSION
SUBJECT
Title
Review Complete Streets Checklist for Housing Incentive Pool Grant
Report
REPORT
The Metropolitan Transportation Commission (MTC) is the metropolitan planning organization for the nine-county San Francisco Bay Area region, which includes Santa Clara County. The MTC administers the federally funded Housing Incentive Pool (HIP) funding which provides transportation grants to promote the production and preservation of affordable housing by rewarding the local agencies that produce the most housing units. Established by MTC in October 2018, the HIP includes $76 million in funding for transportation projects, including $58 million in flexible federal funds through the second round of the One Bay Area Grant (OBAG 2) program and $18 million in local funds available for project selection by MTC through a funding exchange.
On December 20, 2023, MTC revised Resolution No. 4348 (Attachment 1) to define the eligibility and programming guidelines for the distribution of $71 million in HIP grant funds. The grant is on a per-unit basis to the 15 jurisdictions that issued certificates of occupancy for the greatest number of eligible housing units over the five calendar years 2018 through 2022, and Sunnyvale is one of the 15 jurisdictions. The eligible housing units includes both newly built units, and those preserved as affordable to households with low-, very-low- and moderate-incomes.
On February 26, 2020, MTC revised Resolution No. 4202 (Attachment 2) to clarify language within the federal funded One Bay Area Grant 2 (OBAG 2) Project Selection Criteria and Programming Policy to reflect the adoption of the HIP program guidelines per MTC Resolution No. 4348.
On March 27, 2024, MTC revised MTC Resolution No. 4202 (Attachment 2) to reflect the final HIP award amounts to the 15 jurisdictions; Sunnyvale's allocation is $1,836,000.
City of Sunnyvale plans to submit three applications to obtain the HIP funds...
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