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1996 EVALUATION: This program was merged with Program 11.1 for simplicity. <br /> <br /> Program 11.4-~: Exempt all low- and very-low-income housing <br /> units from the low-income housing fee. <br /> <br /> Responsible Agency: City Council <br /> Time Period: Annually <br /> Funding Source: Not Applicable <br /> <br />1996 EVALUATION: Objective met. Continue Program. All "low-income" and <br />"very-low-income" housing units in residential projects which were approved since 1991 were <br />exempt from payment of the City's in-lieu affordable housing fee. The City will continue to <br />implement this program. <br /> <br /> Program 11.6,~: Use the low-income housing fund to help build <br /> low-income housing on City-owned land. <br /> <br /> Responsible Agency: City Council <br /> Time Period: , nnn , nn~ ~~ <br /> Funding Source: Low-Income Housing Fund <br /> <br />1996 EVALUATION: Objective met. Continue Program. Since 1991, this program has <br />resulted in approximately $1.7 million used as a guarantee against the mortgage for Ridge View <br />Commons and roughly $3 million to cover fee waivers, loans, and similar assistance for "The <br />Promenade" Apartments, Stanley Senior Apartments, and Parkview Apartments <br />affordable-housing projects. <br /> <br /> 17 <br /> <br /> <br />