5_Exhibit B_Resolution_Attachment 2

G-4 | City of Pleasanton Housing Resources • Renew AC – Home Improvement Loan Assistance Program: Renew AC provides low-income homeowners in Alameda County with one percent interest rate loans of $15,000 to $150,000 to complete home improvement projects ranging from correcting health and safety hazards to accessibility upgrades and structural rehabilitation. No monthly payments are required. Renew AC is operated by Habitat for Humanity East Bay/Silicon Valley, on behalf of Alameda County Housing & Community Development Department and funded by Measure A1. • Mortgage Credit Certificate Program: This program provides income eligible first- time home buyers the opportunity to reduce the amount of federal income tax they owe each year they own and live in their home. The Mortgage Credit Certificate (MCC) assists a family in qualifying for a higher first mortgage with no effect on monthly expenses. Refinanced Mortgage Credit Certificates (RMCC) are also available when the homeowner refinances their original MCC Loan. A RMCC must be issued for each refinance for the homeowner to continue receiving their federal tax credit. Funding for this program is provided by the California Debt Limit Allocation Committee (CDLAC), and the Alameda County MCC program has not received funds from CDLAC since 2019. Near-term funding from this program is highly unlikely. Housing Authority of the County of Alameda (HACA) • Section 8 Housing Choice Voucher Program (HCVP): Over 7,000 families and 3,500 housing owners participate in the HCVP. The HCVP provides rental assistance to eligible families and guarantees monthly payments to owners. The family’s portion of the rent ranges from 30 to 40 percent of household income, and HACA pays the difference directly to the landlord, up to the HUD-established payment standards. As of March 2022, there were 295 Housing Choice Voucher Program participants residing in Pleasanton 1. • Project-Based Program: This program subsidizes the rent and utilities of a unit in a subsidized development. If the tenant in a Project-Based unit moves out of the development during the first year of the lease, the tenant’s assistance ends. If the tenant moves out of the development after the first year, the assistance continues and follows the tenant. HACA provides 713 units of Project-Based assistance in various developments throughout the County, although none are currently in Pleasanton 2. • Section 8 Moderate Rehabilitation Program: This program subsidizes the rent and utilities of a unit in a subsidized development that has undergone some 1 Housing Authority of the County of Alameda, April 13, 2022, HACA Agenda Item No.: 8-6. 2 There are 31 Project-Based Section 8 units at Kottinger Gardens Phase II, but these contracts are directly with HUD, not HACA.