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19
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2012
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050112
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19
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4/26/2012 12:58:29 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
5/1/2012
DESTRUCT DATE
15Y
DOCUMENT NO
19
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GEOGRAPHIC DISTRIBUTION <br /> Funding for the activities listed in the preceding table will generally be distributed within the <br /> City of Pleasanton. However, certain projects receiving funding may be located within other <br /> jurisdictions, such as the adjacent cities of Livermore and Dublin, in cases where the agencies <br /> serve Pleasanton residents as part of services provided within the greater Tri-Valley area. All <br /> activities shown in the preceding table are targeted to serve eligible households that reside within <br /> the City of Pleasanton. Certain programs, such as the Mortgage Credit Certificate (MCC) <br /> program, are not tracked to a particular geographic locale before specific sites are funded. <br /> ACTIVITY LOCATIONS <br /> For many programs using CDBG funds, such as residential or business rehabilitation, the exact <br /> location of the activity is not determined prior to funding the program as a whole. Pursuant to <br /> the Final Rule for the CDBG Program, the Action Plan must identify who may apply for <br /> assistance, the process by which the grantee will select those to receive assistance, and how <br /> much and under what terms the assistance will be given. <br /> Alameda County HCD administers a Rehabilitation Program using CDBG funds for most <br /> jurisdictions in the HOME Consortium, although the level of rehabilitation services varies <br /> among cities. [The City of Pleasanton will utilize a different contractor, Neighborhood <br /> Solutions, to administer its Housing Rehabilitation Program in FY 2012.] The goal of the <br /> program is to conserve, preserve, and improve the housing and neighborhoods of low and <br /> moderate income people living in the County. To that end, the program provides grants or low <br /> interest loans to qualifying properties and owners to provide a variety of rehabilitation services, <br /> such as rental housing rehabilitation, minor and major home repairs, mobile home repairs, <br /> exterior paint or clean-up assistance, seismic retrofitting, and accessibility repairs. <br /> The owner rehabilitation program is targeted to owner-occupied households that qualify as low <br /> income by earning less than 80 percent of the PMSA median income. Depending on the level <br /> and cost of rehabilitation, grants or low- or no-interest loans are offered. For the owner <br /> programs, income, the applicant's address, and the type and extent of rehabilitation work are <br /> checked to determine the applicant's eligibility, the type of financing, and whether the <br /> rehabilitation program is offered in the applicant's jurisdiction. <br /> The rental rehabilitation program is available to those properties in which at least 51 percent of <br /> the units are occupied by low and very low income households, or in which 51 percent of the <br /> units will be rent-restricted through a rental agreement to qualified low income households after <br /> rehabilitation. This program provides below market interest rate loans to property owners to <br /> complete the rehabilitation. Tenants' incomes are verified to determine whether at least half of <br /> the units are occupied by lower income households. The property's operating budget is also <br /> examined to determine the property's long-term financial feasibility. <br /> Action Ran—FY 2012 <br /> City of Reeeantan <br /> Page 24 <br />
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