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Owner Occupied Housing Rehabilitation 2 July 5, 2011 <br />seniors. There are 9 (nine) grants currently pending. See attached Exhibit A for a summary of FY <br />2010 -11 program accomplishments to date. <br />While the $600,000 budget for the program is the same amount as the current fiscal year's, staff has <br />recommended reducing the administrative budget from $144,000 in the current fiscal year to $132,000 <br />for FY 2011 -12 as an administrative cost savings measure and to allow more funds for grants and <br />loans. <br />Current Redevelopment Agency Policy <br />Not Applicable <br />Previous Redevelopment Agency Actions <br />The City Council/Redevelopment Agency approved funds from the Housing Set Aside Fund for <br />the Housing Rehabilitation Program on June 6, 2011 with adoption of the budget. <br />City Council Committee Review and Action <br />Not Applicable <br />Applicable General Plan Policv <br />Housing Element Policy 56.01, Rehabilitation of Owner - Occupied Housing -- undertake a range of <br />programs that assist private property owners, particularly low and moderate income owners, in <br />maintaining and improving the condition of their homes. <br />Permits and Variances Granted <br />Not Applicable <br />Environmental Review <br />Not Applicable <br />Code Compliance Review <br />Not Applicable <br />Board /Commission Findings <br />Not Applicable <br />Summary of Public Outreach Efforts <br />Not Applicable <br />Fiscal Impact <br />The contract is for $132,000, which is 22 percent of the total amount available for the program <br />($600,000) as allocated by the City Council in the Redevelopment Agency budget. The remaining <br />$468,000 will remain in the budget to fund rehab loans and grants. <br />