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6.B. - Page 4 of 8 <br />Despite these existing and new funding sources, staff anticipates that there will be a far greater need in <br />the community for rental assistance than what the current funding sources can provide. With the current <br />funding that's available, staff estimates that 80-100 households could receive assistance. Fair Oaks <br />Community Center staff have experienced a significant increase in the number of calls from residents <br />seeking rental assistance help and is averaging about 50 calls per day for rental assistance. <br />In 2018, the City Council committed the Transient Occupancy Tax (TOT) it collects from short-term rental <br />uses (e.g. Airbnb) to the Affordable Housing Fund (Fund 299), which is intended to provide affordable <br />housing to extremely -low to moderate income households. The City has $150,000 available in short-term <br />rental TOT funds that could be used to support a COVID-19 emergency rental assistance fund. This would <br />increase the funding available for rental assistance to approximately $400,000. <br />The COVID-19 emergency rental assistance fund would be implemented through the Fair Oaks Community <br />Center and would help households who have no other remedies (e.g. paid leave, unemployment <br />insurance) to replace lost income due to COVID-19. Staff recommends the following program parameters <br />based on input from Fair Oaks Community Center staff: <br />• COVID-19 impacted households who qualify as low income (earning 80% or less of area median <br />income) <br />• Rental assistance up to $3,000 per household <br />• Demonstrated COVID-19 impact (e.g. a copy of the employer notification about reduced work <br />hours and/or layoff) <br />• Rental assistance funds would be made available through May 31, 2020 <br />Staff will continuously evaluate the needs of the community and usage of the funds, and recommend that <br />the City Council authorize the City Manager or her designee to modify program parameters to better serve <br />the community, if needed. <br />Utility Payment Research <br />Most Redwood City residents receive water, sanitary sewer, and solid waste (trash and recycling services) <br />from the City in concert with Silicon Valley Clean Water and Recology. To preserve public health, water <br />service will not be shut off for any residential customer while shelter in place orders are in effect. Staff <br />recommends conducting additional research about the feasibility and impact of deferring and/or <br />eliminating late payment penalties for late payment of utilities related to COVID-19 financial impacts to <br />residents. With City Council support, staff will return at a future date with recommendations for the City <br />Council's consideration. <br />General Outreach/Education to Residential & Commercial Tenants <br />Staff will work with Bay Area Legal Aid, California Apartment Association, Community Legal Services of <br />East Palo Alto, Fair Rents for Redwood City, Faith in Action, Legal Aid Society of San Mateo County, Project <br />Sentinel, One Redwood City, Redwood City Tenants Union, and other tenant/landlord stakeholders to <br />Page 4 of 6 <br />AL . <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />126 <br />