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2016 This Measure will raise 580 million dollars
<br /> for affordable housing across Alameda
<br /> County.ALL funds from the proposed
<br /> Ala m eiia bond MUST STAY LOCAL,dedicated to
<br /> affordable housing needs in Alameda
<br /> County ONLY.
<br /> 01.1 fltY This measure includes independent
<br /> annual audits to ensure funds are spent
<br /> Affordable as approved by voters.
<br /> The cost to property owners is
<br /> OtiS,u Bond . - projected to be$12-$14 per$100,000
<br /> of assessed value(not to be confused
<br /> F ACT S with market value).The assessed value
<br /> of a property is often much lower than
<br /> its market value.The typical Alameda
<br /> County homeowner would pay$48-$56
<br /> per year,or less than $5 per month to
<br /> support this critical initiative.
<br /> Rental Housing Development Program HALF OF FUNDS TO BASE CITY ALLOCATIONS
<br /> REGIONAL FUNDING ALLOCATION City Base Allocations by: Total Population
<br /> throughout Alameda County City of Alameda $10,370,727
<br /> City of Albany $2,588,918
<br /> HALF OF FUNDS TO REGIONAL POOLS City of Berkeley $15,796,369
<br /> Regional Pools Allocations by: %of Total Need Blend of Poverty City of Dublin $8,831,465
<br /> and RHNA LI&VLI
<br /> City of Emeryville $2,799,109
<br /> North County 44.7% $89,325,065
<br /> City of Fremont $33,264,459
<br /> Mid County 24.9% $49,803,134
<br /> East County 13.7% $27,332,372 City of Hayward $20,298,294
<br /> South County 16.8% $33,539,429 City of Livermore $12,722,700
<br /> City of Newark $6.029,275
<br /> ALAMEDA COUNTY TOTAL 100.0% $200,000,000
<br /> City of Oakland $54,803,565
<br /> City of Piedmont $2,431,300
<br /> North County Region:Albany,Berkeley,Emeryville,Oakland and Piedmont.
<br /> City of Pleasanton $13,720,684
<br /> Mid County Region: Alameda,Hayward,San Leandro,and City of San Leandro $11,907,775
<br /> Unincorporated County.
<br /> Unincorporated County $19,671,892
<br /> South County Region: Fremont,Newark and Union City.
<br /> City of Union City $9,763,468
<br /> East County Region: Dublin,Livermore,and Pleasanton.
<br /> ALAMEDA COUNTY TOTAL $225,000,000
<br /> Homeowner Program funds($120 Million)and Rental Housing Innovation
<br /> and Opportunity Program funds($35 Million)to be allocated countywide. Allocations based on average of%AV and%Total Population,with
<br /> minimum no less than original projections.
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<br /> Questions?
<br /> A.
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<br /> Want more information?
<br /> c4t,FOAt°P ALAMEDA COUNTY
<br /> Community Development Agency ....p.•CArr,....ty DC,C,QpnVol Contact:alcohousingbond @acgov.org
<br /> For more information go to: www.acgov.org/board/housingbond.htm
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