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HUD . RESOURCES ANTICIPATED AmoUNT ACTUAL RECEIVED Santa Ana Redevelopment Agency Low - Income Housing Set - $15,000,000 $15,057,680 Aside Fund CalHome 1 $900,000 $0 Ryan White Title I (Countywide AIDS funding) $0 $? SUBTOTAL $15,600,000 $? TOTAL $26,659,045 $? 1. The City was awarded 59UU,000 by the State OT uautornia Tor the ua -uts report penoa; nowever aue w uie >ad.e > UUUr'M > I IUI L u> U I I I I l� has been placed on hold. 3. Progress Toward Meeting Goals and Obiectives EXHIBIT 4 provides a summary of the City's progress toward meeting five -year goals. Since 2008- 2009 is the City's fourth year in the current Consolidated Plan five -year cycle, it is reasonable to set a 80% goal attainment rate as a test for program progress (i.e., at the end of four years programs should have met at least 80% of five -year goals). With respect to ownership housing, after four years the City has only managed a 36.4% five - year goal attainment rate (assistance for 568 units planned — 207 assisted through the 2008- 2009 program year). Similar to rental housing accomplishment trends, the five -year goal for Extremely Low - Income homeowners has been exceeded after four years (assistance for 30 units planned — 102 completed to date — 340.0% accomplishment rate). Furthermore, the City is on track to meet the planned five -year goal for Very Low - Income homeowners (assistance for 90 units planned — 74 assisted to date — 82.2% goal attainment); however, the City has only met 28.9% of its five -year goal for Low - Income owners and 36.4% for Moderate - Income owners. The primary reason for these accomplishment trends is the fact that the City has focused its limited housing resources on assisting households at the lowest income levels, which often require a larger subsidy thus limiting resources to assist units for higher income households. Furthermore, the vast majority of resources committed for rental housing have been utilized in 12 Draft 8/26/2009 19F -18