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Executive Summary ES-05 Executive Summary 1. Introduction In FY 2014, the City will allocate $119,500 in local Lower Income Housing Funds and $164,280 in local General Funds to supplement funding for several housing projects and services which sought funds under the CDBG program funding allocation process. The City recently committed land valued at $3.5 million for the new Parkview assisted living facility that opened in 2008 at 100 Valley Avenue. The City also provided $2.49 million in predevelopment and permanent loans and paid $271,300 in City fees for a total of over $3.77 million in City assistance. The City may, on a case by case basis, waive (or pay on the behalf of developers) City development fees for projects which include the construction of lower income units, either rental or ownership. In 2005, the City allocated approximately $1.5 million to pay City fees for the 172-unit senior apartment project (The Gardens at Ironwood). This project includes 138 units for rental by low and very low income senior households. The affordability requirement will apply in perpetuity. The City has earmarked $10 million from its Lower Income Housing Fund for the Kottinger Gardens project which involves the redevelopment of two aging rental complexes for elderly into a new development that will increase the total units from 90 to 185. Activities undertaken with federal HOME Investment Partnership Program (HOME) funds are described separately in the Alameda County HOME Consortium Action Plan. In order to implement its Housing and Community Development Strategic Plan during the next fiscal year, the City of Pleasanton will allocate CDBG funds to non-profit agencies serving low income persons for the implementation of approximately 30 different projects (including projects that are wholly locally funded). Approximately $173,100 in CDBG funds will go toward capital and rehabilitation projects, benefiting formerly homeless families, domestic violence victims, elderly, and indigent persons without access to health care. Approximately $39,900 will go to fund public services in the community which are needed by low income persons, including housing counseling. As stated above, the CDBG budget for FY 2014 will be supplemented by approximately $285,000 in local funds. All FY 2014 activities are targeted to serve eligible households which reside within the City of Pleasanton, although several projects are located in the adjacent cities of Livermore and Dublin but serve Pleasanton residents. The Alameda County Housing and Community Development (HCD) Program administers the HOPWA program for Alameda County, under contract from the City of Oakland. The HOPWA entitlement is received by Oakland as the largest city in the eligible Metropolitan Area. HOPWA funds can be used for a variety of housing and service activities for persons living with HIV and AIDS and are intended to serve all of Alameda County. Annual Action Plan 2 2014 (DRAFT) OMB Control No:2506-0117(exp.07/31/20151