Marin County Housing Trust Fund (HTF)
The Marin County In-Lieu Housing Trust Fund (Housing Trust) was created to increase the stock of permanently affordable housing units in the County. The Housing Trust provides a local funding source for financial and technical assistance to help affordable housing developers produce and preserve affordable housing.
Permanent Local Housing Allocation (PLHA)
Senate Bill 2 (SB2) was part of a 15-bill housing package adopted in 2017 aimed at addressing the state’s housing shortage and high housing costs. Specifically, it establishes a permanent source of funding intended to increase the affordable housing stock in California, a permanent local housing allocation (PLHA). Marin County is eligible for non-competitive, entitlement funds. The maximum award amount for an entitlement County is approximately $725,000 per year in the non-competitive process.
The five-year plan for these funds allocates funds to match Housing Trust funds for predevelopment, development, acquisition, and preservation of multi-family projects, with an emphasis on projects that house those that are at or under 60 percent Area Median Income (AMI), as stipulated in the PLHA Final Guidelines.
Community Development Block Grants and HOME funding
The Federal Grants Division provides Marin communities with resources to address a wide range of unique community development needs. Federal funds are awarded to non-profits which provide community development activities, anti-poverty programs, and affordable housing for low- and moderate-income households throughout Marin County.
New and Upcoming Projects
Coast Guard Property
From the 1970s until the early 2000’s, families and officers lived in the 36 homes and barracks building on the Coast Guard property have been part of the Point Reyes community, with children attending local schools and residents using local businesses.
In 2014, the U.S. Coast Guard designated the Point Reyes Station facility as surplus with the intention of selling it on the open market. After strong community advocacy, in 2016, the U.S. Congress passed legislation that required the Coast Guard to sell the property to the County to be used as permanently affordable homes.
In December 2019, the property was acquired by the County of Marin from the federal government for $4.3 million. The purchase agreement includes language that restricts the property’s use to public benefit. In April 2020, a developer was selected for the project and the first phase funding process was initiated. More information about this project is available here.
Project Status: First Phase Funding Committed through the purchase of the land. Pending Local Housing Trust Fund Application.
Homeward Bound HUD Parcel
Homeward Bound of Marin, in partnership with the City of Novato and the Department of Veterans Affairs, proposes development of the 2.8-acre site on the former Hamilton Army Airfield, now known as the “HUD Parcel.” Two types of housing units are planned for the site, 24 units of permanently supportive housing for homeless veterans and 26 supportive housing units for people exiting homelessness and entering the local workforce.
Project Status: First Phase Funding Committed.
Second Unit Program
During the last four years, the Marin County single family home rehabilitation program expanded to incorporate ADUs and JADUs and has funded the rehabilitation of 20 existing second units and the creation of 10 new second units. All of the units developed as part of the Second Unit Program will be rented to qualifying applicants at 60% or below the Area Median Income.
The Marin Housing Authority (“MHA”), through the Home Ownership Programs Department (“the Department”) will perform the loan servicing on these loans. The Department has extensive experience over 45 years of servicing a deferred loan portfolio of over 215 loans consisting of Residential Rehabilitation Loans, Down Payment Assistance Loans, ADDI loans and CalHome Mortgage Assistance Loans. Marin Housing is working closely with the Marin County Community Development Agency, as well as local jurisdictions as they respond to the new State Laws regarding accessory dwelling units.
Project Status: First Phase Funding Committed pending LHTF Application.