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Reso 1997-046 to 050
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Reso 1997-046 to 050
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/31/1997
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(Header for Odd Numbered Pages: Times 8 point, bold, flush right) Action Plan - FYI 997 <br />City of <br />Page 3 <br />PRIVATE <br />Community Reinvestment Act (CRA): <br />Local lenders are encouraged to provide favorable lending terms for projects which involve the <br />provision and/or rehabilitation of affordable rental and ownership housing. <br />LEVERAGING AND MATCHING PLAN <br />For all housing and community development activities, San Leandro will support applications by other <br />entities to all public and private sources of financing. In the case of matching requirements for a <br />funding source, San Leandro will use for a match such sources as local redevelopment funds; local <br />affordable housing trust funds; local road funds; private donations; services funded by the State, City, <br />and foundations; other local agency funds; and publicly owned land. <br />PUBLICLY OWNED LAND <br />The City of San Leandro Redevelopment Agency has the ability to acquire land as needed for the <br />purposes of development projects which may include retail, commercial, industrial or residential uses. <br />There are currently no parcels identified for carrying out the activities as listed in the Action Plan for <br />FY 1997-98. <br />ii <br />
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