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Consolidated Plan Annual Performance Report—FY 2001-2002 City of San Leandro Page 17 Program, offering job training and job placement for very -low income San Leandro residents. Actions to Address Obstacles to Meeting Underserved Needs, Foster and Maintain Affordable Housing, and Eliminate Barriers to Affordable Housing In 1997, the City Council adopted a Five -Year Affordable Housing Strategy and Implementation Plan outlining programs recommended by the Housing Task Force. The programs, adopted into the current Five -Year Plan, includes the following: maintain affordable rents by assisting owners of older apartments with rehabilitation and seismic retrofitting; assist first-time homebuyers by providing second mortgages for down payment assistance; and explore opportunities for affordable senior housing. During FY 2001-2002 the City accomplished the following milestones: n Construction began on a 9-unit rental property rehabilitated with Redevelopment Set - Aside funds under the Apartment Rehab Program. The project, expected to be completed in October, will generate four affordable housing units. n The First -Time Homebuyer Program assisted 16 homebuyers and provided two home buying seminars for prospective low- and moderate -income buyers. 0 Ten Below Market Rate Inclusionary Housing units were completed and sold to moderate -income buyers at the Cherrywood development. The Agency also entered into an agreement with a private developer to provide two inclusionary units at the Halcyon Blvd. housing development. 0 The City supported affordable housing education efforts through participation in East Bay Housing Organization's (EBHO), campaign for community acceptance of affordable housing and contributed towards the publication costs of EBHO's affordable housing booklet. n The City worked with a citizens' advisory committee for approximately one year to draft the Housing Element Update. The updated Housing Element identifies housing sites, sets goals for the production of affordable housing and proposes new policies that promote fair housing practices, and affordable housing development. The Housing Element is expected to be adopted in January 2003. The Draft Housing Element has suggested a number of possible Zoning Code amendments to reduce regulatory barriers to constructing new affordable housing. The draft Housing Element was forwarded to the State HCD for review and comment and is expected to be adopted in January 2003. Actions Taken to Overcome Gaps in Institutional Structure and Enhance Coordination n During FY 2001-2002, the City coordinated CDBG, HOME, Redevelopment and Community Assistance funds to provide housing programs, public service assistance,