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13
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2021
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101921
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10/13/2021 2:18:54 PM
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10/13/2021 2:14:47 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
10/19/2021
DESTRUCT DATE
15Y
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Golden State Acquisition Fund (GSAF): This $93 million fund provides low-cost <br />financing aimed at supporting the creation and preservation of affordable housing across <br />the state. GSAF makes up to five-year loans to developers for acquisition or preservation <br />of affordable housing. <br />• Homekey: Homekey provides grants to acquire and rehabilitate a variety of housing types, <br />such as hotels and residential care facilities, to serve people experiencing homelessness <br />or who are also at risk of serious illness from COVID-19. <br />Housing for a Healthy California (HHC) Program: This program provides funding to <br />deliver supportive housing opportunities to developers using the federal National Housing <br />Trust Funds (NHTF) allocations for operating reserve grants and capital loans. The HHC <br />program is intended to create supportive housing for individuals who are recipients of or <br />eligible for health care provided through the California Department of Health Care <br />Services' Medi -Cal program. <br />• Housing Navigator's Program: This grant program allocates funding to counties for the <br />support of housing navigators to help young adults aged 18 to 21 years secure and <br />maintain housing, with priority for individuals in the foster care system. <br />• Infill Infrastructure Grant Program (IIG): This program promotes infill housing <br />development by providing grant funding, in the form of gap assistance, for infrastructure <br />improvements required for qualifying multi -family or mixed-use residential development. <br />• Joe Serna, Jr. Farmworker Housing Grant (FWHG) Program: This program provides <br />deferred payment loans for both owner -occupied and rental housing for agricultural <br />workers, with a priority for lower income households. <br />• Local Housing Trust Fund (LHTF) Program: This program provides matching funds to <br />local or regional housing trust funds for the creation, preservation, and rehabilitation of <br />affordable housing, transitional housing, or emergency shelters. <br />• Mills Act: The Mills Act is an economic incentive programs for the restoration and <br />preservation of qualified historic buildings by private property owners. It grants local <br />governments the authority to enter into contracts with owners of qualified historic <br />properties who actively participate in the restoration and maintenance of their historic <br />properties while receiving property tax relief. Pleasanton administers a Mills Act program, <br />which furthers housing affordability by reducing property taxes and preserving existing <br />housing stock. <br />• Mobilehome Park Rehabilitation and Resident Ownership Program (MPRROP): This <br />program provides financing to support the preservation of affordable mobilehome parks <br />through conversion of the park to ownership or control by resident organizations, nonprofit <br />housing sponsors, or local public entities. <br />• Multifamily Housing Program (MHP): This program provides deferred payment loans <br />for the construction, preservation, and rehabilitation of permanent and transitional rental <br />housing for lower-income households. <br />Housing Resources City of Pleasanton I G-5 <br />
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