Laserfiche WebLink
■ As EXHIBITS 4 and 6 indicate, most planned community improvement activities will meet or <br />exceeded planned five -year goals. Those activities that have not met five -year goals are <br />typically a result of the lack of projects, i.e., no funding has been requested for an eligible - <br />CDBG project. A handful of activities have become problematic and have required staff <br />scrutiny and additional oversight. While several projects were evaluated for funding <br />consideration, no Neighborhood Sponsored Projects were undertaken during the report <br />period. 2008 -2009 funds will be combined with 2009 -2010 Neighborhood Sponsored <br />projects with the hope of identifying one or more eligible projects. CDBG funding was also <br />allocated to fund a portion of road improvements at Centennial Park. As previously <br />discussed, the City's CDBG- funded Multi - Family Housing Rehabilitation program continues <br />to struggle to fund participants. Program staff continues to evaluate the program in order <br />to find participants. After two years of negotiation, it became apparent that the CDBG- <br />funded Orange County Natural History Museum rehabilitation program would not come to <br />fruition. These project funds have been recaptured and will be reprogrammed. <br />■ Finally, the Fair Housing Council of Orange County substantially exceeded its planned goal <br />for 2008 -2009; however, for the past three years, the Fair Housing Council had significantly <br />underperformed (33 %, 52% and 60% annual goal attainment in 2005 -2006, 2006 -2007 and <br />2007 -2008 respectively). Presently this agency has only met 65% of its planned five -year <br />service goals. <br />3. Are malor goals on target? <br />4. Barriers that have a negative impact on fulfilling the strategies and overall vision? <br />The City has encountered some barriers as it endeavored to implement its overall vision for <br />community improvement; the most significant include the following: <br />■ Perhaps the greatest barrier or obstacle impacting the City's ability to implement its <br />community vision has been housing costs. While the cost of home buying has dropped <br />during past 12 months homeownership still remains a challenge for lower income <br />households. During the report period the housing market in Orange County continued to <br />experience high property values and rents. Regionally, the median home purchase prices <br />dropped to $425,000 (10.5% lower than a year earlier) — Santa Ana's median home <br />purchase price dropped to approximately $268,900, 21.6% lower that a year ago.10 Despite <br />10 O.C. Register, August 7, 2009. Home price data as of July 20, 2009. <br />35 <br />19F -41 <br />Draft 8/26/2009 <br />