B.19. MEMORANDUM OF UNDERSTANDING WITH SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS FOR A REGIONAL EARLY ACTION PLANNING GRANT PROGRAM OF 2021 AWARD (N. MARICICH, J. ALKIRE, F. CONTRERAS, T. FARRIS, E. ROTMAN]: SUBJECT: The City Council will consider adopting a Resolution to enter a Memorandum of Understanding for REAP 2.0 Notice of Funds Available for Lasting Affordability Program Grant ("MOU") with the Southern California Association of Governments ("SCAG") as part of the Regional Early Action Planning Grant Program of 2021 ("REAP 2.0"). The grant will support the City's feasibility study for establishing a Community Land Trust ("CLT") and exploring alternative strategies and models to preserve, improve, and develop permanent affordable housing, as outlined in the City's certified 6th Cycle Housing Element. This action is exempt from CEQA.