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WORKING DRAFT FOR HCD REVIEW <br /> <br /> <br />EVALUATION OF 2010 ELEMENT 2-24 SAN LEANDRO HOUSING ELEMENT <br />Action Summary Progress <br />56.02- <br />A <br />Continue the Apartment Rehabilitation <br />Program, which funds projects on a case-by- <br />case basis using sources such as HOME, <br />CDBG, Redevelopment Agency set-asides, <br />and the Affordable Housing Trust Fund. The <br />following specific actions related to this <br />program should be pursued: (a) Funding to <br />rehabilitate and/or acquire and rehabilitate <br />additional apartment complexes in the City <br />by 2014; (b) Measures to use this program as <br />a strategy for extending the affordability of <br />expiring units; (c) Expanded publicity of the <br />apartment rehab program <br />ADVANCE. City-assisted apartment rehab efforts have <br />been diminished by the loss of redevelopment funding. <br />However, the City has continued to help non-profit <br />developers acquire and rehabilitate apartments for <br />affordable housing. In addition, the private sector <br />acquired and refurbished the 840-unit Lakeside <br />Apartment complex and converted it to affordable <br />housing. Relative to the 2010 objectives: (a) the City <br />assisted Christian Church Homes in the acquisition and <br />refurbishment of 75-unit Fargo Senior Homes for very <br />low income seniors in 2013, and it assisted Eden Housing <br />in acquiring and refurbishing the 91-unit Las Palmas <br />apartments and the 46-unit Surf Apartments; (b) The <br />apartment refurbishment program has not been used to <br />protect expiring BMR units, but there has been a net gain <br />in the number of BMR units due to Lakeside Apartments; <br />(c) The City has not expanded publicity of the program, <br />since funding for implementation has been limited. <br />56.05- <br />A <br />Develop a strategy to protect the 18 below <br />market rate (BMR) rental units at the Tan <br />Apartments (825 San Leandro Blvd) and <br />Warren Manor (111 Preda) set to expire in <br />2014. The strategy should include direct <br />contact with the owners, low-interest <br />rehabilitation loans or other forms of <br />financial assistance in exchange for an <br />agreement to retain the units as affordable, <br />working collaboratively with the project <br />owners and non-profit housing developers, <br />and other incentives (such as fee reductions <br />or allowances for additional development) in <br />exchange for a renewal of affordability <br />restrictions. <br />REPLACE. As of April 2014, the City has been unable <br />to protect the expiring BMR units at the Tan Apartments <br />and Warren Manor. The program should be replaced to <br />reflect other subsidized properties at risk of converting to <br />market rate apartments in the next 10 years. The <br />strategies (to preserve BMR units) listed here remain <br />relevant, but additional funding is needed for effective <br />implementation. As noted elsewhere, the addition of 840 <br />affordable units at Lakeside Apartments will result in a <br />substantial net gain in BMR units, even if the Tan <br />Apartments and Warren Manor are not retained. <br />56.05- <br />B <br />In addition to the units described above, <br />monitor the status of other assisted housing <br />units that are at risk of conversion beyond the <br />timeframe of this Housing Element. <br />Particular attention should be given to the 60 <br />below market rate (BMR) units at Parkside <br />Commons expiring in 2018. <br />REVISE. Parkside Commons ended its affordability <br />period in March 2011 by paying off its housing bond <br />earlier than expected. This action should be updated to <br />reflect other units at risk of converting in the next 10 <br />years. <br />56.05- <br />C <br />Work with ECHO Housing, Davis Street, <br />Building Futures, and other local non-profits <br />to respond to the needs of persons in rental <br />properties that face displacement due to <br />foreclosure by an absentee owner. Where <br />feasible, assist such households in relocation <br />to suitable rental housing elsewhere in San <br />Leandro. <br />REPLACE. The displacement of lower income tenants <br />from foreclosed rental properties was an issue during <br />2009-2010 when the foreclosure rate in San Leandro was <br />relatively high. A link was provided from the City’s <br />website to the National Low Income Housing Coalitions <br />fact sheet on this issue. This is a less critical issue today <br />than it was in 2010. However, the threat of displacement <br />still exists due to rapidly rising rents in the City. This <br />action should be replaced with a new action to reduce the <br />risk of displacement due to rising rents. <br />