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Commissioners Lombardo and Soby asked about the payoff of loans and how those funds would be reallocated. Vice Chairperson Welsh asked again about the 25% being allocated for administration purposes and Commissioner Soby questioned whether loan applicants were also paying interest on the administration amount. Flora Garcia/ Cheryl Thomas, Abode Services—advised Commissioners that Abode Services is seeking funding to help them provide solutions to homelessness by providing case management services to clients of the-Di-Valley Housing Scholarship Program (TVHSP), a program that provides temporary tenant-based rental assistance to residents in Pleasanton that are participating in job training or education programs that will enable them to earn a living wage. Assistance is provided for two years and helps the clients pay housing expenses while enrolled in education programs. Commissioner Lombardo was advised by Ms. Garcia that participants in the program have typically been young adults but recently they have also seen older adults who are returning to school. He was also informed that clients need to have some connection to Pleasanton to qualify for a subsidy. Commissioner Soby questioned how Abode determined who could enter into the program and how a subsidy was achieved. Ms. Thomas provided information about Pleasanton apartment rents and how the subsidies were determined. Ms. Thomas discussed with Commissioner Cass the possibility of providing shared housing as a means of helping solve the housing problem. Vice Chairperson Welsh asked about Fair Market Rent (FMR) guidelines and was advised that these are issued by HUD and serve as the maximum rent levels that can be charged. She discussed the possibility of having the LIHF cover amounts in excess of the FMRs. Ms. Thomas informed the Commission about participant referrals Abode receives from Las Positas College and other Pleasanton connections. Commissioner Lombardo noted that the current funding request indicates providing assistance for approximately five (5) Pleasanton residents. Ms. Garcia advised that Abode currently has seven (7) in the program. Vice Chairperson Welsh discussed with Mr. Erickson and Ms. Thomas the fact that Pleasanton is a high cost rental area and the difficulty the program has in finding affordable housing. Mr. Erickson noted that he is working with Abode on this and has discussed with them units that will become available soon in new developments such as Anton Hacienda. Commissioner Soby asked about the sustainability of the program. Ms. Thomas advised that Abode will do everything it can to make the program work. Mr. Erickson advised Commissioners that thirty-five (35) BMR units would be made available in the new Anton Hacienda development. Commissioner Cass asked about BMR units in other developments. Page - 4 -