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restricted through a rental agreement to qualified low income households after rehabilitation. This <br /> program provides below-market-interest-rate loans to property owners to complete the rehabilitation. <br /> Tenant incomes are verified to determine whether at least half of the units are occupied by lower <br /> income households. The property's operating budget is also examined to determine the property's long- <br /> term financial feasibility and ability to repay the loan. <br /> HOME Investment Partnership funding is allocated to the jurisdictions within the Alameda County HOME <br /> Consortium on a formula basis. HOME funds are distributed throughout all parts of the HOME <br /> Consortium. All activities to be undertaken are intended and open to serve eligible households living in <br /> the Consortium. <br /> Discussion <br /> \ . <br /> N <br /> i <br /> Consolidated Plan PLEASANTON 67 <br /> OMB Control No:2506-0117(exp.07/31/2015) <br />