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RES 231370
City of Pleasanton
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RES 231370
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3/10/2023 4:04:47 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
3/7/2023
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coordinate a workshop with <br /> non-profit housing <br /> developers and owners of <br /> sites rezoned to <br /> accommodate housing <br /> affordable to low-and very <br /> low-income households for <br /> the purpose of facilitating <br /> discussion regarding <br /> potential opportunities, <br /> programs,financial support, <br /> etc.The City will utilize its <br /> Lower-Income Housing The City continues to support the development of new residential projects and projects <br /> Fund,Federal funds,and/or Schedule workshop by for those with special needs.The City is continuously working with developers to identify <br /> other funds/financial support Implement Resolution 10-390,requiring <br /> to assist with the acquisition enhancements to existing non- January 2017;other funding gaps in project financing and can provide contributions from its Lower Income <br /> of a site or to assist with discrimination housing policies. assistance dependent on Housing Fund to help close this gap.In 2018,the City approved the financing for <br /> development of s project specific proposals Sunflower Hill,which provides affordable rental housing for invidividuals/households with <br /> with three bedroom units developmental disabilities and was completed in 2020. <br /> affordable to large low-and <br /> very low-income households <br /> by a non-profit housing <br /> developer. The City will <br /> work cooperatively with <br /> developers to identify any <br /> funding gap in project <br /> financing and will make <br /> contributions from its Lower <br /> Income Housing Fund to <br /> help close this gap. A <br /> minimum of$1 million will be <br />
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