<br />ATTACHMENT 3
<br />
<br />SUMMARY OF PAST USES OF THE LOWER INCOME HOUSING FUND
<br />
<br />Amount Project f Activity Year DescriDtion
<br />$210,000 Rotarv Commons 1994 Contributed of Citv-owned land for 7 low income ownershio units
<br />$3,500,000 Assisted Living Facility 2005 Contributed of City-owned land for 105-unit assisted living facility with 31 units
<br />or verY low and extremelv low income seniors
<br />$150,000 Town Square 1998 Second mortgage loans ($50,000 each) for 3 moderate income ownership
<br />units
<br />$65,000 Supplement to COBG Program 1994- Loan to HOUSE, Inc., for acquisition of housing for rental by extremely low
<br />Present income developmentally disabled adults
<br />$3,925,000 SUBTOTAL PROPERTY ACQUISITION ACTIVITIES
<br />$98,648 Palomino Place 1992 Payment of City fees waived for entire project which included 4 moderate
<br />income ownershio units
<br />$125,391 California Somerset I 1993 Payment of City fees for 26 median income ownershiD units
<br />$42,600 Sycamore Place 1994 Payment of City fees for 6 moderate income ownershin units
<br />$97,909 Rotarv Commons 1994 Payment of City and School District fees for 7 low income ownership units
<br />$114,053 Division SI. Senior ADtS. 1994 Pavment of Citv fees for 20 low and verY low income senior apartments
<br />$814,850 Stan lev Senior Ants. 1997 Payment of City fees for 86 low and very low income senior apartments
<br />$40,000 Stanley Senior Apts. 1997 Payment of deferred street improvement costs for 86 low and very low income
<br />senior anartments
<br />$150,000 Town Square 1998 Second mortgage loans ($50,000 each) for 3 moderate income ownership
<br />units
<br />$2,101 ,500 Archstone Hacienda Apts. 2001 Payment of City development impact fees waived for entire 540-unit
<br />anartment nroiect which included 135 units for low income households
<br />$966,641 Greenbriar f Bernal Property 2002 Payment of City fees (Pub Fac, City Water/Sewer, and insp) for 56 low
<br />income ownershin units and 31 low and verY low income rental aDartments
<br />$741,449 Ponderosa I Busch Property 2004 Payment of City fees (Pub Fac, Traffic, City Water/Sewer) for 172-unit
<br />anartment nrolect with 138 units for low and verY low income seniors
<br />$271,300 Assisted Living Facility 2005 Payment of City fees for 105-unit assisted living facility which included 31
<br />units for verY low and extremelv low income seniors
<br />$5,564,341 SUBTOTAL NEW CONSTRUCTION ACTIVITIES
<br />$275,301 Supplement to COBG Program 1994 - Housing rehabilitation activities at Kollinger Place, Pleasanton Gardens, and
<br />Present BACS (rental housing for very low income seniors and disabled)
<br />$275,301 SUBTOTAL HOUSING REHABILITATION ACTIVITIES
<br />$444,926 Supplement to COBG Program 1994- Service contracts with ECHO Housing and Community Resources for Indep.
<br />Present Living (CRIL) to provide housing counseling services to Pleasanton residents
<br />$444,926 SUBTOTAL HOUSING COUNSELING ACTIVITIES
<br />$225,618 Palomino Place 1992 Second mortgage loans (varying amounts) for 4 moderate income ownership
<br />units
<br />$50,192 Rotarv Commons 1994 Second mortoaoe loans (varvino amounts) for 4 low income ownership units
<br />$1 ,71 9,820 The Promenade Apts. 1997 City long-term loan for financing of 146-unlt family apartments with 68 units at
<br />low and verY low Income rents
<br />$250,000 Nolan Farms 2001 Second mortoaoe loans ($50,000 each) for 5 verY low income ownership units
<br />$1,120,000 Greenbriar I Bernal Pro""rtv 2002 Second mortaaae loans for 56 low income ownershiD duet homes
<br />$205,000 Ponderosa I Busch Property 2004 15-year loan for 172-unit apartment project which included 138 units for low
<br />and verY low income seniors
<br /> Matching funds for $450,000 allocation of State HELP funds for Down
<br />$150,000 OPA program 2004 Payment Assistance program providing loans to low and moderate income
<br /> home buyers
<br />$2,490,000 Assisted Living Facility 2005 Predevelopment and peonanent loans for 1 05-unit assisted living facility with
<br />31 units for veN low and extremelv low income seniors
<br />$365,000 Supplement to COBG Program 1994- Loans provided to low income households through the City's Housing
<br />Present Rehabilitation Program
<br />$15,000 Supplement to COBG Program 1994- Loans provided to small businesses through the City's Downtown Design
<br />Present sslstance Program
<br />$6,659,630 SUBTOTAL FINANCIAL ACTIVITIES
<br />$16,800,198 GRAND TOTAL
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