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21
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2022
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031522
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3/14/2022 12:24:12 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
3/15/2022
DESTRUCT DATE
15Y
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General Plan Excerpts — Lower -Income Housing Fund ATTACHMENT 1 <br />transitional housing for the homeless, and units affordable to extremely low-, low - <br />and very low-income households with single -parent heads of households or those <br />with disabilities (including developmental disabilities). The City will continue to make <br />available funding from sources such as the City's Lower -Income Housing Fund, and <br />the City's Federal HOME and CDBG grants to assist local non-profit agencies and <br />housing developers. The City will also provide technical support to agencies to seek <br />other sources of funding and to plan and develop housing for persons with special <br />needs. <br />Program 43.4: Set aside a portion of the City's Lower -Income Housing Fund for <br />housing projects which accommodate the needs of special housing groups such as <br />for persons with physical, mental, and/or developmental disabilities, and persons <br />with extremely low -incomes. <br />Policy 46: Preserve and enhance environmental quality in conjunction with the <br />development of housing, including additions and remodels. <br />Program 46.2: Utilize the City's Lower -Income Housing Fund for low-interest loans <br />to support alternative energy usage and/or significant water conservation systems in <br />exchange for securing new and/or existing rental housing units affordable to low - <br />and very low-income households. <br />Policy 47: Implement Resolution 10-390, requiring enhancements to existing non- <br />discrimination housing policies. <br />Program 47.2: Survey older multi -family residential complexes and consider utilizing <br />the City's Lower -Income Housing Fund, Federal funds, and/or other funds to provide <br />low-interest loans to retrofit existing residential units for the purpose of developing <br />three bedroom rental units affordable to large low- and very low-income households. <br />Program 47.3: The City will coordinate a workshop with non-profit housing <br />developers and owners of sites rezoned to accommodate housing affordable to low - <br />and very low-income households for the purpose of facilitating discussion regarding <br />potential opportunities, programs, financial support, etc. The City will utilize its <br />Lower -Income Housing Fund, Federal funds, and/or other funds/financial support to <br />assist with the acquisition of a site or to assist with development of a project with <br />three bedroom units affordable to large low- and very low-income households by a <br />non-profit housing developer. The City will work cooperatively with developers to <br />identify any funding gap in project financing and will make contributions from its <br />Lower Income Housing Fund to help close this gap. A minimum of $1 million will be <br />made available for this purpose. <br />4 <br />
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