SR 06:111 - Laserfiche WebLink

In 1998, the City of Pleasanton joined with the City of Livermore and with Allied Housing (a nonprofit housing developer) to implement the new Tri-Valley Housing Scholarship Program discussed earlier. This program, which is now administered by Tri-City Homeless Coalition, is part of a series of collaborative efforts that have improved the delivery of housing and services to Tri-Valley residents. The City of Pleasant on has continued to take a lead role in the activities of the Tri Valley Affordable Housing Committee (TV AHC), which is made up of representatives of cities in the Livermore Amador Valley area (Pleasanton, Livermore, Dublin, San Ramon, and Danville). The TV AHC has actively participated in annual outreach activities promoting public awareness of affordable housing in the Tri-Valley area, working with the East Bay Housing Organizations (EBHO). In addition, the TV AHC recently initiated the successful establishment of the Tri- Valley Housing Opportunity Center (TVHOC). The TVHOC serves as a "clearing house," initially for ownership programs and ultimately for a continuum of housing assistance of different types in the Tri-Valley area. PUBLIC HOUSING IMPROVEMENTS AND RESIDENT INITIATIVES The City currently administers two below-market rent senior housing projects: I) Ridge View Commons (200 units; owned by a private non-profit), and 2) Kottinger Place (50 units ofHUD- subsidized Public Housing; owned by the Pleasanton Housing Authority). Ridge View Commons was opened in 1989, and the current operating budget (which includes an ample replacement reserve) is deemed sufficient to maintain current levels of maintenance and service to residents. City Housing staff recently completed a refinancing of the existing $8 million mortgage with CalHFA. This restructuring will ensure the continued financial well-being of the project. As part of an on-going program, the City has allocated CDBO and City Housing Funds for several years to make facility improvements at Kottinger Place, which is 34 years old. Past improvement projects include reroofing, repainting, installation of new doors, and landscape rehabilitation to decrease maintenance costs. This program will continue in FY 2006 with an emphasis on interior and exterior rehabilitation improvements. A $260,000 federal ClAP grant was awarded to the project in 1996 and construction was recently completed on modernization improvements at Kottinger Place. The complex now receives an annual allocation of Capital Funds from HUD (approximately $60,000 per year) which is enabling improvements to both the physical and operational aspects of the project. Action Plao ~ FY06 City of PleasantoD Page 34