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Leveraging <br />Explain how federal funds leveraged additional resources (private, state and local funds), including <br />a description of how matching requirements were satisfied, as well as how any publicly owned land <br />or property located within the jurisdiction that were used to address the needs identified in the plan. <br />Marea Alta <br />BRIDGE Housing leveraged $650,000 in federal HOME program loan to construct Mare; Alta, a 115 -unit <br />affordable rental housing project that is currently under construction. The tax credit 'furded project is <br />projected to be completed by or before Fall/Winter 2016. BRIDGE Housing received nearly V 500,pre- <br />applications for the 115 units. 1,500 households have been randomly chosen through a lottery'''to be <br />processed for eligibility to move into Marea Alta. <br />City of San Leandro FY 2014-2015 CAPER 8 <br />OMB Control No: 2506-0117 (exp. 07/31/2015) <br />