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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />MARCH 4, 2014 <br />TITLE: <br />QUARTERLY REPORT FOR HOUSING <br />DIVISION PROJECTS AND ACTIVITIES <br />OCTOBER - DECEMBER 2013 <br />CITY dAG <br />RECOMMENDED ACTION <br />Receive and file. <br />DISCUSSION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 18t Reading <br />❑ Ordinance on 2nd Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For__ <br />CONTINUED TO <br />FILE NUMBER <br />This status report for the quarter ending on December 31, 2013, provides statistics for the day -to- <br />day affordable housing activities of the City and the Community Development Agency. The <br />report is divided into three sections: Loan Activity, Loan Portfolio Management and Monitoring, <br />and Development Projects. <br />Loan Activity <br />Applications <br />The Housing Division offers several <br />45 <br />different programs including homebuyer <br />40 <br />down payment assistance and <br />35 <br />rehabilitation loans for historic single - <br />family, single - family and mobile homes. <br />30 <br />Mobile home loans are offered as <br />25 <br />forgivable grants and are used to cover <br />the cost of essential repairs. <br />20 <br />Applications are mailed out and <br />15 <br />received for these programs on a <br />continuing basis. Chart 1 shows the <br />10 <br />number of applications sent out by type <br />5 <br />for the quarter. Of the applications <br />0 <br />sent, six been returned and are being <br />processed. <br />Chart 1: Applications Mailed <br />During the Quarter <br />19D -1 <br />Single Family Rehab Mobile Home Hardship <br />