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14 <br />Eligible uses for the LIHF are summarized below: <br /> <br />Property Acquisition <br />x Purchase of land for new construction <br />x Purchase of existing housing units for conversion, redevelopment or <br />rehabilitation <br />x Purchase of existing affordable housing units to preserve affordability <br /> <br />New Construction <br />x Payment of costs associated with the construction of new rental or ownership <br />housing for very low or low-income households. <br />x Payment of costs associated with the construction of new ownership housing <br />for moderate-income, first-time home buyer households. <br /> <br />Rehabilitation <br />x Projects or activities that increase the City’s stock of low- and low-income <br />rental and ownership housing. <br />x Projects or activities related to the physical maintenance of rental and <br />ownership housing occupied by very low or low-income households. <br /> <br />Housing Counseling / Public Services related to housing <br />x Provide counseling and similar assistance to expand housing opportunities in <br />Pleasanton for very low and low-income households (which must benefit at <br />least 70% of low-income households). <br /> <br />Financial Activities <br />x Direct and indirect financial assistance to projects that provide affordable <br />housing. <br />x Funding for a second mortgage and down payment assistance programs for <br />low- and moderate-income households. <br /> <br />City General Funds for Human Services <br /> <br />Since 1994, the City of Pleasanton has implemented an annual Human Services Grant <br />Program to support nonprofit, community-based organizations through the City’s <br />General Fund. The program's objective was “to enhance the quality of life in <br />Pleasanton.” In 2009, the City Council approved changes to the City’s grant process, <br />moving the funding allocated for human services through the City grant program to the <br />new Housing and Human Services Grant (HHSG) program. <br />Page 154 of 694 <br />Docusign Envelope ID: 3C732151-0636-4143-B82E-F2170067845E