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Reso 2016-116
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Reso 2016-116
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Last modified
2/5/2018 8:27:11 AM
Creation date
10/10/2016 5:52:21 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
9/19/2016
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PERM
Document Relationships
_CC Agenda 2016 0919 CS + RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2016\Packet 2016 0919
4A Public Hearing 2016 0919
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2016\Packet 2016 0919
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CR -15 - Resources and Investments 91.520(a) <br />Identifv the resources made available <br />Source of Funds <br />Source <br />Resources Made <br />Available <br />Amount Expended <br />.......... <br />During Program Year <br />CDBG <br />Public — federal <br />$628,306 <br />$506,397 <br />HOME <br />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 />Identifv the <br />r <br />Target Area' <br />Percentage of <br />Allocation <br />Actual Percentage of <br />Allocation <br />Narrative Description <br />City -Wide <br />100 <br />100 <br />- ioentiry the geographic distribution and location of investments <br />City of San Leandro FY 2014-2015 CAPER 7 <br />OMB Control No: 2506-0117 (exp. 07/31/2015) <br />
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