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4A Public Hearing 2014 0915
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4A Public Hearing 2014 0915
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9/17/2014 2:20:15 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/15/2014
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_CC Agenda 2014 0915 CS+RG
(Reference)
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\City Clerk\City Council\Agenda Packets\2014\Packet 2014 0915
Reso 2014-095
(Amended)
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\City Clerk\City Council\Resolutions\2014
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<br /> DRAFT City of San Leandro FY 2013‐2014 CAPER 6 <br />OMB Control No: 2506‐0117 (exp. 07/31/2015) <br />CR‐15 ‐ Resources and Investments 91.520(a) <br /> <br /> <br />Identify the resources made available. <br />Source <br />of Funds <br />Source <br />(Federal, state, local) <br />Expected Amount Available <br />(system generated) <br />Actual Amount Expended <br />Program Year 2013 <br />CDBG public - federal $257,614 <br />HOME public - federal $100,000 <br />Table 3 ‐ Resources Made Available <br /> <br />Narrative <br /> <br />The City also appropriated the following local General Funds to the following programs in FY 2013‐2014. These <br />programs assist the City in addressing the affordable housing, homelessness, and community development <br />needs of the City, as identified in the City's FY 2010‐2014 Five‐Year Consolidated Plan. <br /> $11,000 to Davis Street Family Resource Center to provide affordable housing services to City residents. <br /> $25,000 to ECHO Housing to provide San Leandrans with rental housing counseling, which includes <br />resolving tenant‐landlord issues as well as administering the City's Rent Review Program. <br /> $35,000 to Bay Area Homebuyer Agency (BAHBA) to administer and monitor the City's First‐Time <br />Homebuyer Program. <br /> $150,000 to non‐profit agencies providing social support services to San Leandrans. <br /> <br />Additionally, the City has $67,856 in its Affordable Housing Trust Fund and $913,893 in loan repayments from <br />Redevelopment Housing Set‐Aside loans for first‐time homebuyer loan borrowers and owner‐occupied <br />housing rehabilitation loan borrowers as well as for affordable rental housing projects. The City intends to use <br />both sources of funds to fund future affordable housing development as well as affordable housing‐related <br />services. <br /> <br />Identify the geographic distribution and location of investments <br /> <br />Target Area Planned Percentage of <br />Allocation <br />Actual Percentage of <br />Allocation <br />City-Wide 100 100 <br />Table 4 – Identify the geographic distribution and location of investments <br /> <br />
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