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Use the lower-income-housing fee to generate funds for the provision of housing affordable to extremely low-,low- and very low-income households.The low- income housing fund should be used primarily to leverage State and Federal Program 18.1:Review and modify the lower funds in the development of housing income housing fee annually in conformance affordable to low-and very low-income with AB 1600,and consider changing the households and in-house loan programs, Annually Refer to the status for Program 17.1. basis of the fee to reflect the true cost of so that the fund may be used most providing housing. efficiently and maintained over time. When considering allocation of these funds,priority will be given to non-profit housing developers with a project including three bedroom units affordable to large extremely low,low-and very low- income households. Use the lower-income-housing fee to generate funds for the provision of housing affordable to extremely low-,low- and very low-income households.The low- income housing fund should be used primarily to leverage State and Federal ProProgram 18.2:Continue to exemptall funds in the development of housing 9 The City has continued to exempt all affordable housing units from the low income housingunits affordable to low-and verylow- affordable to low-and very low-income households and in-house loan programs, Ongoing housing fee in 2019.As the City works on future projects,the expectation is that all income households from the low income so that the fund may be used most units affordable to low-and very low-income households will be exempt from payment housing fee. of the Lower Income Housing Fee in conformance with the Citys long-standing policy. efficiently and maintained over time. When considering allocation of these funds,priority will be given to non-profd housing developers with a project including three bedroom units affordable to large extremely low,low-and very low- income households. Use the lower-income-housing fee to generate funds for the provision of housing affordable to extremely low-,low- and very low-income households.The low- income housing fund should be used Phase 1 of Kottinger Gardens,which utilized Lower Income Housing Funds,was primarily to leverage State and Federal completed and fully leased up in July 2017. Unused Lower Income Housing Funds Program 18.3:Use the Lower Income funds in the development of housing from Phase 1 was transferred to Phase 2,which began construction in January 2018 Housing Fund to help build housing affordable to low-and very low-income and completed in September 2019. In addition the City Council approved an affordable to low-and very low-income households and in-house loan programs, As needed/Ongoing Affordable Housing Agreement that included the dedication of 1.64 acres of land to the households on City owned land. so that the fund may be used most City to be used in partnership with Sunflower Hill on a future residential affordable efficiently and maintained over time. housing development for individuals with developmental disabilities which began When considering allocation of these construction in April 2019.The City also committed$225 million from the fund for the funds,priority will be given to non-profit Sunflower Hill project. housing developers with a project including three bedroom units affordable to large extremely low,low-and very low- income households. Use the lower-income-housing fee to generate funds for the provision of Program 18.4:Use the Lower Income housing affordable to extremely low-,low- Housing Fund to extend rent restriction and very low-income households.The low- agreements,purchase land,write down income housing fund should be used mortgage costs,rehabilitate units,subsidize primarily to leverage State and Federal rents,issue tax exempt bonds,post loan funds in the development of housing In July 2017,construction of Phase 1 of Kottinger Gardens was completed,and in collateral,pay pre-development costs,and affordable to low-and very low-income Explore ways to use the September 2019 Phase 2 was completed which included funds from the Lower otherwise help produce housing units households and in-house loan programs, fund for the list of activities Income Housing Fund(LIHF),to assist in the redevelopment of Kottinger Place and affordable to lower income households.The so that the fund may be used most in the program annually and Pleasanton Gardens,two aging rental complexes that provide housing to extremely objective of this is to utilize the Lower Income efficiently and maintained over time. as needed. low-income elderly persons.The City also committed$2.25 million from the fund for Housing Fund in a manner consistent with When considering allocation of these the Sunflower Hill project which began construction in April 2019. City ordinance and to support affordable funds,priority will be given to non-profit housing,particularly developments proposed housing developers with a project by non-profit developers that include units for including three bedroom units affordable large families at very low incomes. to large extremely low,low-and very low- income households.Quantified Objective: 150 units Use the lower-income-housing fee to generate funds for the provision of housing affordable to extremely low-,low- and very low-income households.The low- income housing fund should be used Program 18.5:When considering how to primarily to leverage State and Federal utilize the City's Lower-Income Housing Fund,funds in the development of housing Although this situation did not present itself in 2019,the City is currently working with consider whether a proposal with a non-profit affordable to low-and very low-income Consider prioritization by Sunflower Hill,a nonprofit organization,on a housing project within Irby Ranch and will housing developer and a for-profit housing households and in-house loan programs, developer partnership should be a higher so that the fund maybe used most January 2016. continue to consider both non-profit vs.for-profd partnerships on a case-by-case priority project due to its ability to potentially efficientlyand maintained over time. basis. secure better funding and be developed. When considering allocation of these funds,priority will be given to non-profit housing developers with a project including three bedroom units affordable to large extremely low,low-and very low- income households.