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'pi~ewra~ o, yOo a * 'A' a'. ~~ ~H OE11E~0f Honorable Jennifer Hosterman Mayor City of Pleasanton P.O. Box 520 Pleasanton, CA 44566 Dear Mayor Hosterman: U.S. Depsrtmwtt of Mowing and Urban DavelopmtNlt Sant Frandsca Regbrt2d 01Ace -Region !X 800 Harrison Street San Frandsao, CaNfomla 94107-1387 www.hud.gov R ~' , espand.hud.gov ' Fig 1 3 2008 Ft~ ~ ~ 2QQ8 SUBJECT: City of Pleasanton, California Annual Community Assessment Report Program Year 2006 The U.S. Department of Housing and Urban Development's (HUD) Office of Community Planning and Development (CPD) annually reviews the performance of communities managing Community Development Block Grant (CDBG), Home Investment Partnership Program (HOME), and other Federal program funds. These funds are used to carry out strategies described in the City's five-year Consolidated Plan for preserving existing affordable housing, developing new affordable housing, improving neighborhoods, and expanding economic opportunities for low- and moderate-income people. Our office has reviewed the City of Pleasanton's 2006 Consolidated Annual Performance Report (CAPER). Based upon our review of the CAPER and other available information, we have determined that the City of Pleasanton has the continuing capacity to implement and administer its HUD programs in an effective manner. Overall, the City of Pleasanton made progress in addressing the priority needs described in its five-year Consolidated Plan and implemented housing and non-housing programs in accordance with requirements of the Housing and Community Development Act. in PY 2006, the City received $287,563 in CDBG funds. This grant was augmented with $237,229 of unexpended CDBG funds from the previous program yeaz and $2,349 in program income for a total of $527,141. The City expended $495,699 of CDBG funds on activities that primarily benefited low- and-moderate income residents. As in previous years, the City combined CDBG funds with other Federal, State, and local funding sources, including HOME, California Housing Finance Agency (Ca1HFA) funds, the City`s Lower-Income Housing Funds, and the General Funds, to implement strategies to preserve and develop the supply of affordable rental and ownership housing, make infrastructure/public facilities improvements, and provide needed public services for its low- and moderate-income residents. We commend the City for its success in utilizing the City's Lower Income Housing Funds to supplement the Federal and State Funds to finance affordable housing developments, home purchase assistance, and the preservation of existing housing stock. During the past yeaz,