29A - CON PLAN ANNUAL UPDATE FOR FEDERAL FUNDED PROGRAMS

Home Browse Search

2010/11-2014-15 CITY OF SANTA ANA CONSOLIDATED PLAN 2013/14 I ACTION PLAN acquisition/development of new rental housing units are examples of activities slated for implementation during the 2013-2014 Program Year although these efforts will be severely limited due to the loss of redevelopment funding. Additionally, the City will use American Dream Downpayment Initiative (ADDI) funds on hand to assist an estimated four households to purchase a home.8 Finally, the City and local nonprofits will continue to provide services for underserved City residents. Social services to be funded during the 2013-2014 Program Year include senior meals, homelessness outreach, youth and gang diversion/enforcement services. By focusing resources on the housing and community needs identified as HIGH priority the City will be able to utilize limited resources more efficiently. When available, Santa Ana will seek out additional resources beyond federal and local funds to address barriers. FOSTERING AND MAINTAINING AFFORDABLE HOUSING Many of the barriers to maintaining and expanding affordable housing opportunities for all residents of Santa Ana are attributable to market constraints. Many of these market constraints are beyond the control of the City. Overcoming these barriers has been made more difficult with the loss of redevelopment funding. Prior to February 2012, the City would utilize its limited resources to foster and maintain affordable housing by leveraging federal funds with local redevelopment funds. The City will now seek other funding resources such as those available to nonprofit housing developers in an effort to increase the supply of long term affordable housing. The City's owner occupied housing stock will be preserved with rehabilitation funds for homeowners and enforcement of local housing/building codes. In July 2008, the Housing and Economic Recovery Act of 2008 was signed into law. This law authorized the creation of the Neighborhood Stabilization Program (NSP), which aims to curtail the negative impact of foreclosed homes on residential neighborhoods. The City of Santa Ana qualified as a direct HUD-NSP round one recipient ($5,795,151). With these funds, the City implemented a program that used funds to acquire and rehabilitate foreclosed residential properties. These units were marketed and sold to qualified homebuyers. Additionally, the City allocated 25 percent of program funds for housing for Very Low-Income persons by working in partnership with a nonprofit and for-profit housing developer. In January 2010, the City was awarded $10,000,000 in NSP2 funds as part of a nationwide competition. These resources were used in the same manner as NSP1 funding. The City has also qualified for NSP3 funds. In total the City has received approximately $17 8 The funding for the ADDI program has been terminated; however, the City has approximately $195,000 in funding on hand. DRAFT 04/22/2013 33 29A-38