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03 ATTACHMENTS
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2010
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051810
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03 ATTACHMENTS
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5/13/2010 11:55:20 AM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
5/18/2010
DESTRUCT DATE
15 Y
DOCUMENT NO
03 ATTACHMENTS
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low income apartments) and Stanley Junction Senior Apartments (86 below market <br /> apartments for seniors). <br /> The City has also used an average of over $100,000 per year in Housing Funds to supplement <br /> several housing projects which sought funds under the CDBG program funding allocation <br /> process. In addition, the City has committed approximately $500,000 in Housing Funds over <br /> the past several years to start several loan programs (including the current down payment <br /> assistance program being funded in part with state HELP funds) to assist low and moderate <br /> income first -time home buyers with primary and second mortgages to enable the purchase of <br /> existing homes in Pleasanton. In 2001, the City used $250,000 in Housing Funds to buy <br /> down the sales price of five homes in the Nolan Farm development by SummerHill Homes <br /> (described earlier). The five single- family homes were sold at a below market price of <br /> $130,000 (compared to a market value of over $400,000). The developer delivered the <br /> homes at a cost of $180,000, and the City provided $50,000 second mortgages. In addition, <br /> the Housing Fund was used to provide up to $20,000 in second mortgage loans for each of <br /> the buyers of the 56 below market priced duet homes on the Bernal property. Recently, the <br /> Pleasanton City Council approved the use of Housing Funds, starting with a new allocation <br /> of $250,000, to continue the operation of the Down Payment Assistance program using 100% <br /> local funding (the program was formerly funded in part through Ca1HFA HELP funds). The <br /> Council will consider additional Housing Fund allocations to this program as needed. <br /> Lead Abatement <br /> Because of the relatively young age of Pleasanton's housing stock, the City does not currently <br /> participate in the existing Joint Powers Authority (JPA) for Lead -Based Paint Abatement. <br /> However, the City recently worked jointly with the Alameda County Lead Poisoning <br /> Prevention Program and the City of Livermore to produce a professionally designed color <br /> brochure which was sent to home owners in housing built prior to 1978 and to programs and <br /> facilities whose clients are young children. The City will continue to monitor this issue and <br /> may consider future participation in the JPA. Starting in July 2010, the City will begin to <br /> routinely compile lead paint data for each new residential rehabilitation project processed <br /> through the Housing Rehabilitation Program, including assumed lead present, lead safe work <br /> practices followed, testing, abatement, and clearance test performed. <br /> City General Funds for Human Services <br /> The City of Pleasanton also provides General Funds each year to supplement limited CDBG <br /> funds for important human services. These funds (formerly under the "City Grant Program <br /> will be allocated as part of the City's new comprehensive Housing and Human Services <br /> Grant (HHSG) program starting in FY 2010. The City will allocate $170,000 in General <br /> Funds in FY 2010 for human services. <br /> Action Plan FY10 <br /> City of Pleasanton <br /> Page 11 <br />
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