4A Public Hearing 2014 1006 - Laserfiche WebLink

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WORKING DRAFT FOR HCD REVIEW EVALUATION OF 2010 ELEMENT 2-19 SAN LEANDRO HOUSING ELEMENT Policy 55.4 encourages property managers and absentee owners to offer “rent with the option to buy” programs. This continues to be a valid policy, although it is carried out largely by the non-profit and private sectors rather than by the City’s Housing Division. Policy 55.5 supports national, state, county, and regional initiatives to reduce the risk of foreclosure. This is a less pervasive issue than it was in 2010 when this policy was added to the Housing Element. However, it was effectively implemented in 2010-2014 through administration of the Neighborhood Stabilization Program. The policy should be retained in the event of future economic downturns. Table 2-3 indicates the progress that has been made on the five action programs that were included in Goal 55. goal 56: affordable housing conservation Goal 56 encouraged the preservation and rehabilitation of the existing affordable housing stock. This goal provides the framework for City programs to preserve existing below market rate housing units, provide loans and grants to help low-income homeowners take care of their properties, and renovate older apartment buildings and convert them to affordable units. The goal also provides the framework for City policies on condominium conversions, second units, and mobile home park preservation. There were six quantified objectives established:  Provide rehabilitation assistance to 20 lower-income homeowners a year through the minor home repair grant program  Provide rehabilitation assistance to 10 lower income homeowners a year through the owner assisted rehabilitation loan program  Provide rehabilitation assistance to one mobile home park and at least 20 mobile home owners  Rehabilitate at least 100 units of rental housing by 2014, and ensure that at least 30 percent of the units are affordable to low- or very low income households  Conserve San Leandro’s stock of 679 below market rate units  Assist at least 15 extremely low income households through these programs The City achieved and exceeded some of these objectives and fell short on others. The City was not able to provide rehabilitation assistance grants to 20 owners a year, as funding for this program was cut after the loss of the Redevelopment Agency. The program was initiated again in FY 2012-13 and 2013-14 using General Fund and CDBG revenues. Eleven owners were assisted in 2012-13 and 14 were assisted in 2013-14. The rehabilitation assistance loan program was also eliminated when the Redevelopment Agency was eliminated. It has not been funded for the last three fiscal years.