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FULL PACKET_2013-09-03
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FULL PACKET_2013-09-03
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4/6/2017 4:19:22 PM
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9/3/2013 7:47:22 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Date
9/3/2013
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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 />The City used HOME funds to <br />expand and preserve the TABLE 13- 2012-2013 HOME-ASSISTED HOUSING COMPLISHMENTS <br />D . <br />supply of housing affordable <br />BY INC( CCHVIPLETr <br />to Low- and Moderate- Extremely Low- Income 3 Units <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 <br />w 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, egories for housing <br />activities undertaken during the report pen wing these activities is <br />summarized in ExEiIBIT6. <br />Progress Toward Meeting Affordat 'nds <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 />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 />rental- wring the report period 101 HOME - funded rental housing <br />units ., orted in subsequent CAPERS. <br />EXHIBIT prove ata regarding Program Year 2012 -2013 housing accomplishments and <br />efforts to meet t f 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 was notified by HUD that <br />for the 2012 -2013 report period its HOME match requirement was reduced to 0% because the <br />12 Total includes 1 household assisted with ADDI funding to purchase a home. <br />08/11/2013 41 <br />19E -49 <br />
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