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MEETING DATE: <br />DECEMBER 4, 2006 <br />TITLE: <br />MONTHLY REPORT FOR HOUSING <br />DIVISION PROJECTS AND ACTIVITIES <br />— OCTOBER 2006 <br />EXECUTIVE Df CTOR <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 />Recommended that the Housing Authority receive and file. <br />By a vote of 4:0 (Jauregui, Sarmiento, Welty) at its Regular Meeting of <br />November 20, 2006. <br />DISCUSSION <br />The October 2006 monthly status report provides statistics for the day- <br />to-day affordable housing activities of the City and the Community <br />Redevelopment Agency. The report is divided into four sections: Loan <br />Activity, Loan Portfolio Management, Compliance Monitoring, and <br />Development Projects. As the fiscal year progresses the graphs will <br />reflect the increased activities. <br />Loan Activity <br />Applications <br />The Housing Services Division offers <br />rehabilitation loan programs designed for <br />homebuyer assistance (American Dream <br />Down -payment Assistance, "ADDI") and the <br />rehab of owner occupied historic single <br />family, single family and mobile homes. <br />Chart 1 Applications <br />Single <br />Family 33 <br />ADD[ 17 <br />Mobile <br />iame 86 <br />