19F - CONSOLIDATED PERFORMANCE AND EVALUATION REPORT

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Housing Program Goals At the end of 2013 -2014, HOME - funded housing goal for rental units has met 25.7% of five -year goals (five -year goal of 175 - 76 assisted after four years). No rental units have been assisted with CDBG funds (five -year goal is to assist at least ten units). With respect to accomplishments for owner - occupied housing activities, after four years of efforts 50.9% the five -year goal has been met (planned assistance for 108 units; 58 assisted). Overall, after four years the City has met 35.3% of its five -year Consolidated Plan housing goals for the use of CDBG and HOME funds. It is important to note when Redevelopment funding is included, the City has exceeded its five -year housing goals (planned assistance for 293 units 300 completed through the end of the 2013 -2014 report period). Unfortunately, due to State legislation, redevelopment activity is winding down. Only those projects already under contract will be completed. With respect to the incomes of assisted units, data indicates that the City's owner- occupied housing programs are not focused on one income category but rather, programs have assisted households in all three Low- and Moderate - Income groups. Conversely, the City's rental housing programs have primarily focused on households with incomes below 500/6 of the area median income. The primary reason for the latter accomplishment is the City's intentional focus of limited housing resources on assisting households at the lowest income levels (0% to 50% of median income). The majority of resources committed for rental housing have been utilized by Community Housing Development Organizations (GHDOs). The primary mission of CHDOsis to create affordable housing opportunities for households with Extremely Lowe and Very Low- incomes. Detailed housing accomplishment information is provided in EXHIBIT 4. As previously stated, major source of funding originally identified in the City's Consolidated Plan has been lost. The State legislature and the governor took action in late 2011 to eliminate redevelopment financing throughout California. In addition to funding significant non - housing improvements, redevelopment funds were a significant funding source for affordable housing financing. In addition to the loss of project /program funding, the City lost significant resources for staffing. State law allows the City to complete certain projects that had enforceable agreements in place prior to the dissolution of the Redevelopment program. However, once these projects are complete all redevelopment activity will cease. The loss of redevelopment has had a significant impact on the City's ability to meet Consolidated Plan goals. While the City dealt with the loss of redevelopment funding, it was able to utilize Neighborhood Stabilization Program (NSP) resources to assist qualified households purchase homes. NSP regulations allow the City to assist households with incomes up to 120% of the area median income. During the report period, City also used ADDI funds (a sub -fund of the HOME program) to assist one household purchase a home. NSP funds were used to assist with the acquisition, rehabilitation and the resale of nine housing units. 9 DRAFT 2013 -2014 CAPER Exhibit 2 19F -18