Laserfiche WebLink
Existing Programs Review City of Pleasanton I D-5 <br />ownership units in 2018- noted in <br />2020. Program 8.1 <br />are sufficient. <br />Housing Affordability <br />The City's ability to secure <br />Continue/ <br />an open source of funding <br />Update: <br />for affordable housing has <br />Update funding <br />The objective <br />been hampered by the <br />sources <br />of this program <br />significant reduction and/or <br />identified to <br />Seek State and Federal assistance for the development of <br />is to secure <br />elimination in recent years <br />reflect relevant <br />housing to meet the housing needs of households with <br />available <br />of many programs (e.g., <br />and available <br />extremely low, low, and very low incomes as well as those with <br />funding <br />Sections 202, 811, and <br />funding <br />disabilities (including developmental disabilities). Potential <br />required to <br />HELP). The City continues <br />programs. <br />sources may include the HUD Section 202 and 811 programs <br />finance new <br />to re view available options <br />to a <br />(for senior housing and housing for persons with disabilities), <br />affordable <br />project -specific basis <br />the State HELP and CHFA programs, State/Federal lower- <br />housing <br />and has approved financing <br />income housingtax credits, and bond financing. The timing of <br />g. g <br />development. <br />programs related to new <br />9.7 <br />application will depend upon the schedule for specific projects <br />A timeline <br />Housing Division <br />affordable housing projects. <br />proposed by individual developers in as much as the City does <br />would be <br />The City worked with <br />not currently own any land for development of housing <br />developed on <br />Alameda County to secure <br />affordable to low- and very low-income households and those <br />a project by <br />Measure Al bond funds: <br />with disabilities. If the City is successful in securing an open <br />project basis <br />$4.6 million for Kottinger <br />source of funding for housing affordable to low- and very low- <br />affordable <br />Gardens Phase 2 <br />income households, such as State HELP funds, the availabilityas <br />development <br />(completed in 2019), and <br />of these funds will be promoted through the City's web site, in <br />inquiries/ <br />nearly $7.2 million for <br />local newspapers, and through posting at public places subject <br />applications <br />Sunflower Hill (completed <br />to normal procedures. <br />are submitted <br />in 2020). The City <br />to the City. <br />continues to monitor the <br />availability of new funding <br />sources for affordable <br />housing and applies for <br />funding as appropriate. <br />Seek creative alternative and non-traditional means, including <br />The City continues to <br />Continue <br />using available City financial and property resources and <br />communicate with several <br />9'2 <br />working cooperatively with community groups, that will assist in <br />Planning Division, <br />groups, including MidPen <br />the production of or preserve housing for extremely low-, very <br />Housing Division <br />Housing, Sunflower Hill and <br />low-, low-, and moderate -income- households as well as special <br />Tri -Valley REACH, which <br />needs housing including housing for those with disabilities. <br />may lead to the <br />development of new <br />Existing Programs Review City of Pleasanton I D-5 <br />