Reso 1996-146 to 150 - Laserfiche WebLink

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SECTION B: INVESTMENT OF AVAILABLE RESOURCES Priority #1: Increase the Availability of Affordable Rental Housing for extremely low, low and moderate income households. Resources Used: The City applied CDBG, HOME, Section 8 and Redevelopment funding sources to programs during this year. Activities Undertaken: The City worked with rental property owners to develop long-term affordability covenants in two existing multi -family developments. The following two projects are under rehabilitation construction, containing a total of 25 units designated for occupancy by low income households - the Mission Bell and the Lewis property. The CDBG program assisted in the commencement of the Mission Bell rehabilitation project by providing $16,469 for architectural and engineering costs. The Redevelopment Agency loaned the owners $685,000 funds for rehabilitation construction costs. The project is currently under construction and will be completed by January 1997. When complete, 20 of the 24 units will be available to low- and very -low income households. The Redevelopment Agency also provided $102,000 for the rehabilitation of five housing units at the Lewis property, located at 11 Dutton Avenue. The Housing Authority of Southern Alameda County continued to administer the Section 8 Assistance Certificate and Voucher Program in Southern Alameda County, which includes San Leandro. During this time period, 20 new vouchers and certificates were issued to San Leandro residents. In conjunction with the rental housing owners, the City conducted two sessions of the Multifamily Management Assistance Program (MMAP) Educational Program. This program is a management course for owners and managers of rental properties. One of classes in each session covered the Section 8 program and was used to market the program among San Leandro landlords. Geographic Distribution: These programs are City wide. The Mission Bell and Lewis property project are located in census tract 4323. Leverage of Non -Federal Resources: Redevelopment Agency Set -Aside funds Matching Contributions: N/A Actual Investment vs. Planned: No change.