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4A Public Hearing 2016 0919
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4A Public Hearing 2016 0919
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9/13/2016 3:00:24 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
9/19/2016
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Reso 2016-116
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\City Clerk\City Council\Resolutions\2016
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DR <br />A <br />F <br />T <br />City of San Leandro FY 2014‐2015 CAPER 7 <br />OMB Control No: 2506‐0117 (exp. 07/31/2015) <br />CR‐15 ‐ Resources and Investments 91.520(a) <br />Identify the resources made available <br />Source of Funds Source Resources Made <br />Available <br />Amount Expended <br />During Program Year <br />CDBG Public – federal $628,306 $506,397 <br />HOME Reported by Alameda County HCD <br />Table 3 ‐ Resources Made Available <br />Narrative <br />The City also appropriated the following local General Funds to the following programs in FY 2015‐2016. 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 2015‐2019 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 resolving <br />tenant‐landlord issues, and assisting in the administration of 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 (City Community Investment Program) to non‐profit agencies providing social support services to <br />San Leandrans. <br />Additionally, the City has a current balance of $104,583 in its Affordable Housing Trust Fund and approximately <br />$1.3 million in loan repayments from Redevelopment Housing Set‐Aside loans for past first‐time homebuyer <br />loan borrowers, owner‐occupied housing rehabilitation loan borrowers and affordable rental housing <br />development projects. These funds are earmarked for future City affordable housing development project, <br />programs and/or services. <br />Identify the geographic distribution and location of investments <br />Target Area Planned Percentage of <br />Allocation <br />Actual Percentage of <br />Allocation <br />Narrative Description <br />City‐Wide 100 100 <br />Table 4 – Identify the geographic distribution and location of investments
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