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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />NOVEMBER 20, 2018 <br />TITLE: <br />RECEIVE AND FILE THE QUARTERLY <br />REPORT FOR HOUSING <br />DIVISION PROJECTS AND ACTIVITIES <br />JULY 2018 — SEPTEMBER 2018 <br />{STRATEGIC PLAN NO. 5, 3} <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 181 Reading <br />❑ Ordinance on 2ntl Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Receive and file the Quarterly Report for Housing Division Projects and Activities for the period of <br />July 2018 — September 2018. <br />COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION ACTION <br />At a Meeting on October 24, 2018, by a vote of 7:0, the Community Redevelopment and Housing <br />Commission approved the recommended action. <br />DISCUSSION <br />This report for the quarter ending on September 30, 2018 provides statistics for all of the <br />affordable housing projects and activities for the Housing Division. The report is divided into three <br />sections: Loan Activity, Loan Portfolio Management and Monitoring, Affordable Housing Funds <br />and Commitments, and Development Projects. <br />Loan Activity <br />Applications <br />The Housing Division offers several different programs including down payment assistance for <br />first-time homebuyers and rehabilitation loans for mobile homes, single-family, multi -family, and <br />historic homes. Inquiries are received from the public and applications are mailed out, received <br />and approved for these programs on a continual basis. Table 1 shows the number of inquiries, <br />applications sent out, received and approved by type for the quarter and for the total fiscal year. <br />19F-1 <br />