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3A Public Hearing 2007 0416
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3A Public Hearing 2007 0416
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Last modified
5/4/2007 12:37:43 PM
Creation date
4/13/2007 9:18:55 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
4/16/2007
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_CC Agenda 2007 0416
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Path:
\City Clerk\City Council\Agenda Packets\2007\Packet 2007 0416
Reso 2007-052
(Reference)
Path:
\City Clerk\City Council\Resolutions\2007
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<br />The City will also receive Home Investment Partnership Program (HOME) funds in the amount <br />of $300,064 from HUD via the Alameda County HOME Consortium. Alameda County is the <br />lead administrator for HOME funds under the County HOME Consortium. The City will also <br />carryover $1,244,045 in HOME funds from previous years. The City proposes to use its HOME <br />funds in FY 2007-08 for acquisition, rehabilitation and/or new construction of affordable rental <br />housing. The City is in discussion with Eden Housing, Inc., an experienced non-profit developer <br />based in Hayward, about Eden acquiring a site on East 14th Street for the new construction of 51 <br />units of affordable rental housing for very low-income seniors. <br /> <br />Draft Action Plan - FY2007-08 <br />City of San Leandro <br />Page 2 <br />
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