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29A - HOMEBUYER DOWN PAYMENT ASSISTANCE LOAN PROGRAM
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29A - HOMEBUYER DOWN PAYMENT ASSISTANCE LOAN PROGRAM
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Last modified
11/15/2013 8:56:05 AM
Creation date
11/15/2013 8:51:15 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
29A
Date
11/18/2013
Destruction Year
2018
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Substantial Amendment to the 1 2010/11. 2014/15 CITY OF SANTA ANA CONSOLIDATED PLAN <br />2013/14 ACTION PLAN <br />INTRODUCTION <br />The City is amending the 2013 -14 Action Plan to include the following activity: <br />Activity Name: Homebuyer Down Payment Assistance Loan Program <br />Activity Description: Consistent with the City's goal to promote neighborhood stability <br />and homeowner for low- income households, the City proposes to use HOME and CDBG <br />funds for down payment assistance. Approximately $280,000 of HOME funds and <br />$120,000 of CDBG funds will be used be used to provide deferred down payment <br />assistance loans to qualified lower income households, up to 80% of the area median <br />income. <br />Estimated Cost: $400,000 <br />CITIZEN PARTICIPATION <br />In accordance with 24 CFR 91.105(c)(3) for local governments, the substantial amendment <br />Public Notice for the use of CDBG and HOME funds was released for citizen review and <br />comments on October 18, 2013. During the 30 -day public comment period from October <br />18,2013 through November 16, 2013 the Public Notice for the Draft Substantial Amendment <br />was made available during regular business hours between 8:00 a.m. and 5:00 p.m., Monday <br />through Thursday in the offices of the Housing Department, 20 Civic Center Plaza, 3rd Floor, <br />Community Development Agency, 20 Civic Center Plaza, 6th Floor, Office of the Clerk of the <br />Council, 20 Civic Center Plaza, Room 809, the Main Public Library, 26 Civic Center Plaza, Santa <br />Ana, California and on the city's website. The Community Redevelopment and Housing <br />Commission of the City of Santa Ana held a public hearing on November 5, 2013, at 6:00 p.m., <br />at the City Council Chambers, 22 Civic Center Plaza, Santa Ana, California 92701. The City <br />Council of Santa Ana will hear and vote on this Substantial Amendment to the 2013 -14 Action <br />Plan on November 18, 2013. A copy of the public hearing notice is presented in Exhibit 2. A <br />summary of citizen comments received during the public comment period and responses to <br />these citizen comments are presented in Exhibit 2. <br />SUMMARY OF CITIZEN PARTICIPATION PROCESS <br />A copy of the public hearing notice is presented in Attachment 2. A summary of citizen <br />comments received at the public hearing and the remainder of the public comment period, and <br />responses to these citizen comments are also included in Attachment 2. <br />SUBSTANTIAL AMENDMENT TO THE <br />2013 -2014 ANNUAL ACTION PLAN <br />29A -4 <br />10/18/2014 <br />
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