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REQUEST FOR <br />COUNCIL ACTION <br />AUGUST 5, 2014 <br />TITLE: <br />QUARTERLY REPORT FOR HOUSING <br />DIVISION PROJECTS AND ACTIVITIES <br />APRIL 2014 — JUNE 2014 <br />CITY MANAG <br />RECOMMENDED ACTION <br />Receive and file. <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on V' Reading <br />❑ Ordinance on 2nd Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION RECOMMENDATION <br />At its regular meeting on July 16, 2014, by a vote of 6:0, the Community Redevelopment and <br />Housing Commission recommended the action stated above. <br />DISCUSSION <br />This status report for the quarter ending on June 30, 2014 provides statistics for the day -to -day <br />affordable housing activities. The report is divided into three sections: Loan Activity, Loan <br />Portfolio Management and Monitoring, and Development Projects. <br />Loan Activity <br />Applications <br />The Housing Division offers several different programs including homebuyer down payment <br />assistance and rehabilitation loans for historic single- family, single - family and mobile homes, <br />Inquiries are received from the public and applications are mailed out and received for these <br />programs on a continuing basis. Table 1 shows the number of inquiries, applications sent out, <br />received and approved by type for the quarter and the total fiscal year. <br />19D -1 <br />