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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />AUGUST 20, 2019 <br />TITLE: <br />RECEIVE AND FILE QUARTERLY REPORT <br />FOR HOUSING DIVISION PROJECTS AND <br />ACTIVITIES APRIL 2019 — JUNE 2019 <br />(STRATEGIC PLAN NO. 5, 3C) <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 18t Reading <br />❑ Ordinance on 2nd 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 />April 2019 — June 2019. <br />COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION ACTION <br />At its regular meeting on July 24, 2019, by a vote of 7:0 (Urzua and Garcia absent) the <br />Community Redevelopment and Housing Commission approved the recommended action. <br />DISCUSSION <br />This report for the quarter ending on June 30, 2019 provides statistics for all of the affordable <br />housing projects and activities for the Housing Division. The report is divided into four sections: <br />Loan Activity, Loan Portfolio Management and Monitoring, Affordable Housing Funds and <br />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 accepted for these <br />programs on a continual basis. Table 1 shows the number of inquiries, applications sent out, <br />received and approved by type for the quarter and for the total fiscal year. <br />19F-1 <br />