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• Support the purchase and rehabilitation and construction of units by non-profit housing <br /> developers. <br /> • Continue participation in the Mortgage Credit Certificate (MCC) program operated by the <br /> County of Alameda. <br /> • Continue to provide support to non-profit, community-based housing developers and service <br /> providers. <br /> • Promote joint development with other governmental or quasi-governmental agencies to <br /> implement community development programs (as exemplified in the recent collaborative <br /> acquisition and rehabilitation of the Sojourner House shelter facility, the establishment of the <br /> Tri-Valley Housing Opportunity Center, and the future relocation of the Axis Community <br /> Health community clinic facility). <br /> MATCHING PLAN <br /> The matching requirements of HUD programs will be satisfied primarily through the use of City <br /> Lower Income Housing Funds, where needed, or through funds provided by non-profit agencies <br /> which are the sub-recipients of HUD funds allocated to the City. The matching requirement is <br /> included in City application forms for federal funding used for sub-recipients and the <br /> requirement is ensured throughout the project review and approval process. <br /> PUBLICLY OWNED LAND <br /> The 7.4-acre parcel of land on Case Avenue where "The Promenade" apartment project was built <br /> was provided by the City through a long-term ground lease. The property had an appraised value <br /> of approximately$2.2 million at the time of construction. In 2006, the City contributed (through <br /> a similar ground lease) an additional 3.6-acre site on Sunol Boulevard valued at over $3.5 <br /> million for the construction of the Parkview assisted care facility for seniors. The City recently <br /> completed a comprehensive update to its Housing Element that involved the rezoning of 70 acres <br /> of land throughout Pleasanton for high density residential use. These parcels, some of which <br /> may eventually come under the City's ownership, are expected to yield significant new <br /> opportunities for affordable housing development over the next decade. The updated Housing <br /> Element was submitted to the state in late 2011 for certification. <br /> Adlon Ran—FY 2012 <br /> City of Reeeantan <br /> Page 13 <br />