02 - 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 Pleasanton has continued to take a lead role in the activities of the Tri Valley Affordable Housing Committee (TVAHC), which is made up of representatives of cities in the Livermore Amador Valley area (Pleasanton, Livermore, Dublin, San Ramon, and Danville). 'fhe TVAHC 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 (FBHO). In addition, the TVAHC recently initiated the successful establishment of the Tri- Valley Housing Opportunity Center (TVHHC). The "1'VHOC 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: 1) Ridge View Commons (200 units; owned by a private non-profit), and 2) Kottinger Place (50 units of I IUD- subsidized Public Housing; owned by the Pleasanton E Iousing 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 CaIHFA. Phis restructuring will ensure the continued financial well-being of the project. As part of an on-going program, the City has allocated CDBG and City I Iousing Funds for several years to make facility improvements at Kottinger Place, which is 35 years old. Past improvement projects include reroofing, repainting, installation of new doors, and landscape rehabilitation to decrease maintenance costs. This program will continue in PY 2007 with an emphasis on interior and exterior rehabilitation improvements. A $260,000 federal CIAP 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 IIUD (approximately $60,000 per year) which is enabling improvements to the physical aspects of the project. In 2006, the complex began receiving E IUD Operating Subsidy funds of approximately $90,000 which will greatly improve the operational aspects of the project. In November 2003, the City Council approved a 11-member task force to study the potential for redeveloping Kottinger Place. This is part of a long-term effort to plan for the eventual replacement of these units, which comprise the only housing units administered by the Action Plan - FY07 City of Pleasanton Page 34