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V. HOME NARRATIVE STATEMENTS <br />A. ASSESSMENT OF RELATIONSHIP OF HOME FUNDS & CONSOLIDATED PLAN GOALS & OBJECTIVES <br />Assessment of HOME Funds to Meet Highest Priority Activities <br />Santa Ana has utilized its <br />HOME funds to expand and TABLE 13-2011-2012 HOME-AssISTED HOUSING ACCOMPLISHMENTS <br />preserve the City's supply of HOME-FUNDED UNITS OWNER OCCUPIED RENTER OCCUPIED <br />housing affordable to Low-BY INCOME CA" COMPLETED COMPLETED <br />and Moderate-income Extremely Low-Income 0 Units 13 Units <br />households. HOME Very Low-Income OUnits 21 Units <br />resources were utilized to Low-Income 1 Units 0 Units <br />assist both rental and owner <br />units. Table 13 provides a TOTAL I Units 13 34 Units <br />summary of Santa Ana's distribution of HOME funds among different income categories for housing <br />activities undertaken during the report period. Additional information regarding these activities is <br />summarized in EXHIBIT 6. <br />Progress Toward Meeting Affordable Housing Goals With HOME Funds <br />As demonstrated above, HOME funds were spent to assist 35 housing units during the report <br />period. EXHIBIT 9 provides additional data regarding Program Year 2011-2012 housing <br />accomplishments and efforts to meet one- and five-year goals. <br />Progress Toward Meeting Housing Needs of Lower Income Persons <br />As demonstrated above, while no homeowners rehabilitate their primary residence with HOME <br />funds during 2011-2012, 34 rental-housing units were assisted. One homebuyer was assisted with <br />prior year ADDI funds. <br />EXHIBIT 9 provides additional data regarding Program Year 2011-2012 housing accomplishments and <br />efforts to meet the needs of Lower Income households. <br />B. MATCH REPORT <br />Recipients of HOME funds are required to match each HOME dollar spent during the report period. <br />Typically, a HOME Participating Jurisdiction (PJ) is required to match HOME funds at a ratio of one <br />non-federal dollar for every four HOME dollars spent (i.e. 25%). The City has been notified by HUD <br />that for the 2011-2012 report period, the HOME match requirement has been reduced to 0% <br />because the City's "family poverty rate" was 125% or more of the average national poverty rate, <br />and the City's per capita income was less than 75% of the national average. Even though the City <br />does not have a match obligation, a record of eligible HOME match has been maintained -the City <br />13 Total includes 1 household assisted with ADDI funding to purchase a home. <br />08/23/2012 42 <br />19C-50