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kitchen, baths, and/or electricity. The low number of affordable housing units and high housing rents <br />are even more problematic. The affordability problems facing low-income renters in the Consortium <br />were summarized under the previous Priority and more fully discussed in the Housing Needs <br />Assessment Section. <br />Additionally, the expiration of affordability restrictions on affordable housing properties has <br />diminished the number of affordable housing units in the Alameda County HOME Consortium. For <br />instance, according to the California Housing Partnership Corporation (CHPC), as of January 2010, <br />410 project-based Section 8 units in five (5) properties located within the Consortium jurisdictions <br />may face conversion to market-rate rents in the next five (5) years. Since 2000 the City of San <br />Leandro has lost fifty-two (52) affordable rental housing units due to expired affordability <br />restrictions in five (5) properties. The private owners of these Below Market Rate (BMR) properties <br />chose not to extend the affordability period on their properties. <br />While the City does not have affordable housing properties that are "at-risk" of conversion in the <br />next five (5) years, the City recognizes the importance of preserving the affordability of potential <br />"opt-out" units so that they do not convert to market-rate housing; thus preserving the current supply <br />of below market rental housing. As affordability restrictions expire, an increasing number oflower- <br />incometenants are burdened with steep rent increases or are even displaced outright which result in <br />the increased risk of homelessness or overcrowding conditions. Therefore, the City will continue to <br />be proactive in preserving the affordability of these below market rate units. <br />Objectives <br />Maintain programs to preserve and improve existing affordable rental and ownership housing for <br />low- and moderate-income households. Leverage available funding from HOME, CDBG, <br />Redevelopment Housing Set-Aside, Low Income Housing Tax Credits, and any other available <br />public or private funding sources to meet this objective. <br />Accomplishments <br />Single Family Housing Rehabilitation Program <br />^ This program provides low interest (3%) loans up to a maximum of $35,000 to rehabilitate low- <br />income owner-occupied units (includes 1 to 4 unit owner-occupied buildings), correct <br />deficiencies, and preserve the ownership housing stock. The program is funded with <br />Redevelopment Housing Set-Aside funds. Approximately twenty-five (25) low income housing <br />units will be assisted over the next five (5) years. <br />Minor Home Repair Program <br />^ The City's Minor Home Repair Program provides grants ranging from $1,000 to $5,000 for <br />minor home repairs including exterior paint, exterior yard clean-up, accessibility improvements, <br />seismic retrofit, and security locks. Grants through Redevelopment Housing Set-Aside funds are <br />available to very low- and low-income homeowners. Approximately seventy-five (75) low <br />income housing units will be assisted over the next five (5) years. <br />Housing and Community Development Strategic Plan - FY 2010-2014 <br />City of San Leandro <br />Page 9 <br />