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REQUEST FOR HOUSING <br />AUTHORITY ACTION <br />MEETING DATE: <br />MARCH 2, 2009 <br />TITLE: <br />QUARTERLY REPORT FOR HOUSING <br />DIVISION PROJECTS AND ACTIVITIES <br />t <br />XECUTI E DIRECTOR <br />RECOMMENDED ACTION <br />Receive and file. <br />RECORDING SECRETARY USE ONLY: <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />CONTINUED TO <br />COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION RECOMMENDATION <br />At its Regular Meeting of February 3, 2009, by a vote of 4:0 (Villasenor <br />absent), the Community Redevelopment and Housing Commission recommended <br />that the Housing Authority receive and file the Quarterly Report for the <br />Housing Division Projects and Activities. <br />DISCUSSION <br />This status report for the fiscal year 2008-09 quarter ending December <br />31, 2008, provides statistics for the day-to-day affordable housing <br />activities of the City and the Community Redevelopment Agency. The <br />report is divided into three sections: Loan Activity, Laan Portfolio <br />Management, and Development Projects. <br />Loan Activity <br />Chart ~ Applications Sent <br />First Time <br />Homebuyer42 <br />Applications <br />The Housing Services <br />Division offers several <br />NEobilel-Some different ro rams. The <br />ss P g <br />loans offered include first <br />time homebuyer assistance <br />(American Dream Down-payment <br />Assistance, "ADDI"), rehab <br />Single Family <br />Rehab~4 <br />~~ <br />~= <br />