SR 06:111 - Laserfiche WebLink

GEOGRAPHIC DISTRIBUTION Funding for the activities listed in the preceding table will generally be distributed within the City of Pleasanton. However, certain projects receiving funding may be located within other jurisdictions, such as the adjacent cities of Livermore and Dublin, in cases where the agencies serve Pleasanton residents as part of services provided within the greater Tri- Valley area. All activities shown in the preceding table are targeted to serve eligible households that reside within the City of Pleasant on. Certain programs, such as the Mortgage Credit Certificate (MCC) program, are not tracked to a particular geographic locale before specific sites are funded. ACTIVITY LOCATIONS For many programs using CDSO funds, such as residential or business rehabilitation, the exact location of the activity is not determined prior to funding the program as a whole. Pursuant to the Final Rule for the CDSO Program, the Action Plan must identifY who may apply for assistance, the process by which the grantee will select those to receive assistance, and how much and under what terms the assistance will be given. Alameda County HCD administers a Rehabilitation Program using CDSO funds for most jurisdictions in the HOME Consortium, although the level of rehabilitation services varies among cities. [The City of Pleasant on may utilize a different contractor, Neighborhood Solutions, to administer its Housing Rehabilitation Program in FY 2006.] The goal of the program is to conserve, preserve, and improve the housing and neighborhoods of low and moderate income people living in the County. To that end, the program provides grants or low interest loans to qualifYing properties and owners to provide a variety of rehabilitation services, such as rental housing rehabilitation, minor and major home repairs, mobile home repairs, exterior paint or clean-up assistance, seismic retrofitting, and accessibility repairs. The owner rehabilitation program is targeted to owner-occupied households who qualifY as low income by earning less than 80 percent of the PMSA median income. Depending on the level and cost of rehabilitation, grants or low- or no-interest loans are offered. For the owner programs, income, the applicant's address, and the type and extent of rehabilitation work are checked to determine the applicant's eligibility, the type of financing, and whether the rehabilitation program is offered in the applicant's jurisdiction. The rental rehabilitation program is available to those properties in which at least 51 percent of the units are occupied by low and very low income households, or in which 51 percent of the units will be rent-restricted through a rental agreement to qualified low income households after rehabilitation. This program provides below market interest rate loans to property owners to complete the rehabilitation. Tenants' incomes are verified to determine whether at least half of the units are occupied by lower income households. The property's operating budget is also examined to determine the property's long-term financial feasibility. Action Plan - FY06 City of Pleasanton Page 23