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REQUEST FOR H®IJS~NG <br />AuT~oR~TY AcT®n~ <br />MEETING DATE: <br />RECORDING SECRETARY uSE ONLY: <br />NOVEMBER 15, 2010 <br />TITLE <br />QUARTERLY REPORT FOR HOUSING <br />DIVISION PROJECTS AND <br />ACTIVITIES <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />CONTIfVUED TO <br />EXECU VE DIRECTOR <br />RECOMMENDED ACTION <br />Receive and file. <br />COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION RECOMMENDATION <br />At its Regular Meeting of October 19, 2010, by a vote of 4:0 (Plascencia absent), the Community <br />Redevelopment and Housing Commission recommended that the Housing Authority receive and <br />file the Quarterly Report for Housing Division Projects and Activities. <br />DISCUSSION <br />This status report for the quarter ending on September 30, 2010 provides statistics for the day-to- <br />day affordable housing activities of the City and the Community Redevelopment Agency. The <br />report is divided into three sections: Loan Activity, Laan Portfolio Management, and Development <br />Projects. <br />Loan Activity <br />Applications <br />The Housing Services Division offers several <br />different programs. The loans offered include <br />homebuyer down payment assistance and <br />rehabilitation loans for historic single family, <br />single family and mobile homes. Mobile home <br />loans are offered as forgivable grants, and are <br />Chart 1 Applications Sent <br />Mobile Home <br />Homebuyer <br />town payment <br />Assistance 32 <br />~"~"~ ' Single Family <br />r ~, Rehab 12 <br />,,~ <br />