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FULL PACKET_2013-06-03
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FULL PACKET_2013-06-03
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4/6/2017 4:24:47 PM
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6/3/2013 9:53:36 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Date
6/3/2013
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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />JUNE 3, 2013 <br />TITLE: <br />QUARTERLY REPORT FOR HOUSING DIVISION <br />PROJECTS AND ACTIVITIES <br />(JANUARY 2013 — MARCH 2013) <br />/I I Z' <br />CITY MANAGER <br />RECOMMENDED ACTION <br />Receive and file. <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1St Reading <br />❑ Ordinance on 2 n Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION RECOMMENDATION <br />At its special meeting held May 14, 2013, by a vote of 5:0 (Bist, Garcia absent) the Community <br />Redevelopment and Housing Commission recommended that the City Council receive and file. <br />DISCUSSION <br />This status report for the quarter ending on March 31, 2013, provides statistics for the day -to -day <br />affordable housing activities of the City and the Community Development Agency. The report is <br />divided into three sections: Loan Activity, Loan Portfolio Management and Monitoring, and <br />Development Projects. <br />Loan Activity <br />Applications <br />The Housing Division offers several different <br />programs including homebuyer down payment <br />assistance and rehabilitation loans for historic <br />single - family, single - family and mobile homes. <br />Mobile home loans are offered as forgivable <br />grants and are used to cover the cost of <br />essential repairs. Applications are mailed out <br />and received for these programs on a <br />continuing basis. Chart 1 shows the number of <br />applications sent out by type during the quarter. <br />19D -1 <br />Chart 1: Applications Mailed <br />Homebuyer <br />Assistance <br />\ (32) <br />Single \ <br />Family <br />Rehab (17) <br />Mobile <br />Home <br />Hardship <br />(5) <br />
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