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<br /> <br /> <br /> <br /> <br /> <br /> <br /> V. HOME NARRATIVE STATEMENTS <br /> <br /> <br /> A. ASSESSMENT OF RELATIONSHIP OF HOME FUNDS & CONSOLIDATED PLAN GOALS & OBJECTIVES <br /> <br /> Assessment of HOME Funds to Meet Highest Priority Activities <br /> The City used HOME funds to <br /> expand and preserve the TABLE 13-2012-2013 HOME-ASSISTED HOUSING COMPLISHMENTS <br /> UNITS OWNEROCCUPIV <br /> supply of housing affordable BY INC( to Low- and Moderate- Extremely Low-Income 3 Units <br /> <br /> income households. During Very Low-Income t <br /> the report period, HOME <br /> Low-Income <br /> resources were utilized to <br /> assist both rental and owner TOTAL nits AIL " No units were completed d , units were under <br /> units. Table 13 provides a construction and will be rer <br /> summary of Santa Ana's distribution of HOME fu, dgories for housing <br /> activities undertaken during the report ped wing these activities is <br /> summarized in ExHIBIT6. <br /> <br /> Progress Toward Meeting Affordat 'Inds <br /> As demonstrated above, HOME oe housing units during the report <br /> period. EXHIBIT 9 provi Program Year 2012-2013 housing <br /> accomplishments and e r goals. <br /> <br /> Progress Toward' _r Income Persons <br /> As noted abo, Ate their primary residence with HOME funds during <br /> 2012-201 ed with prior year ADDI funds. While no HOME-assisted <br /> <br /> rental- Bring the report period 101 HOME-funded rental housing <br /> units ,orted in subsequent CAPERS. <br /> fr <br /> EXHIBIT9 prove ata regarding Program Year 2012-2013 housing accomplishments and <br /> efforts to meet t f Lower income households. <br /> <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 /> <br /> non-federal dollar for every four HOME dollars spent (i.e. 25%). The City was notified by HUD that <br /> for the 2012-2013 report period its HOME match requirement was reduced to 0% because the <br /> <br /> 12 Total includes 1 household assisted with ADDI funding to purchase a home. <br /> <br /> 08/11/2013 41 <br /> <br /> 19E-49 <br />