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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> a challenge for households earning less than 80% of county median income. Recent increases <br /> in housing costs have exacerbated this situation.8 <br /> <br /> The sub-prime mortgage industry crash has also made it difficult for lower income buyers to <br /> qualify for a mortgage. In response to the corresponding increase in mortgage defaults and <br /> foreclosures Congress created the Neighborhood Stabilization Program (NSP). The primary <br /> objective of NSP is to stabilize neighborhoods that have been distres y abandoned and <br /> foreclosed properties. Between 2008 and 2009, the City rece' NSP awards of <br /> $5,795,151 and $10,000,000. In Fiscal Year 2010-1011, the Ci d NSP grant <br /> <br /> award for $1,464,113. During 2012-2013, these funds were tate and <br /> subsequently sell eight housing units to qualified buyers. ~rting <br /> system for NSP funds. Reports regarding the use of 5 _wed on <br /> the City's website at http://www.santa-ana.org/cd <br /> • The City linked rehabilitation incentives with co, orts, The City <br /> made resources available to existing or r- iers to eliminate <br /> building code deficiencies. Once impr a supply of standard <br /> housing in the City. <br /> • Neighborhood residents were encr_ _ aration and implementation <br /> <br /> of neighborhood assessments `orhood Improvement Program <br /> provided the means to facil'= _ t members (i.e., District Managers) <br /> are assigned to one City. This staff is responsible for <br /> coordinating the im nmunity projects within their district and <br /> interacting with + iations. This coordination includes working <br /> with other cit, operty owners, tenants, nonprofit agencies and <br /> the school - , <br /> <br /> 5. A RESIDENTS INITIATIVES <br /> <br /> There <br /> of Santa Ana. <br /> 6. ACTIONS T ND REDUCE LEAD BASED PAINT HAZARDS <br /> Lead-paint hazar ically found in buildings constructed prior to 1978 - the year lead based <br /> paint was banned i e U.S. According to the Center for Disease Control and Prevention (CDC) <br /> approximately 250,000 U.S. children age 5 and younger remain at risk for exposure to harmful lead <br /> levels (i.e., blood lead levels greater than the CDC recommended level of 10 micrograms of lead per <br /> deciliter of blood (mcg-dQ). It is important to note that the CDC reports blood lead levels in <br /> children age five and younger has declined 89 percent between 1976 and 2004. The CDC reports <br /> <br /> <br /> B DataQuick News.com reports that at the end of June 2013, the median home sales price in Santa Ana was <br /> $385,000, an increase of 32.8% from a year earlier. <br /> <br /> 08/11/2013 25 <br /> <br /> 19E-33 <br />