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-580 Corridors- Tri-Valley Request Request: $10,000,000 Appropriations Bill: Transportation-HUD Account: Surface Transportation Programs Lawmakers: Sen. Boxer, Rep. McNerney, Rep. Stark, Rep. Tauscher The Tri-Valley cities, including Pleasanton, Livermore, San Ramon, Dublin and Danville, through the Metropolitan Transportation Commission's Regional Transportation Plan and Alameda County Congestion Management Agency's Countywide Plan, have identified several critical congestion relief projects including an eastbound high occupancy vehicle (HOV) lane from Hacienda Drive to Greenville Road, a westbound HOV lane from Greenville Road to Foothill Road, and the SR84/I-580 Interchange projects. The State of California allocated $241.9 million of the estimated total project costs of $433 million in Corridor Mobility Improvement Account Funds (Prop. 1 B) to help expedite delivery of these projects. Remaining funds are a combination of state, regional and local sources including: State Transportation Improvement Program (STIP) funds, countywide sales tax measures, and local city development impact fees. The Tri-Valley cities will be seeking $10,000,000 from the federal government to help meet the funding gap. Tri-Valley Housing Opportunity Center- Tri-Valley Request Request: $2,600,000 Appropriations Bill: Transportation-HUD Account: Economic Development Initiative Lawmakers: Sen. Boxer, Rep. McNerney, Rep. Stark, Rep. Tauscher, Since 2005, the Tri-Valley Housing Opportunity Center (TVHOC) has made a significant impact by assisting more than 600 households that have attended homebuyer orientation sessions and over 70 families that have purchased homes in the Tri-Valley. As a result of TVHOC's success, none of the families served under this program have fallen victim to the sub prime lending crisis. The Tri-Valley Housing Opportunity Center is seeking funding to expand its services by offering a regional Foreclosure Prevention Program. This program would involve two main components: 1) educating households on avoiding foreclosure; and 2) assisting families who are actually facing foreclosure due to a changing interest rate such as a loan reset or adjustable rate mortgage with above market interest rates. Approximately 50 families would be served under the program. Once established, this regional program can be used as a model for other communities facing similar housing challenges. The TVHOC has developed partnerships with local lenders and other key stakeholders (e.g. California Housing Finance Agency [CaIHFA]), and has the capacity to begin offering the program once funded. Page 3 of 4