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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />NOVEMBER 18, 2014 <br />TITLE: <br />QUARTERLY REPORT FOR HOUSING <br />DIVISION PROJECTS AND ACTIVITIES <br />JULY 2014 — SEPTEMBER 2014 <br />(STRATEGIC PLAN NO. 5,3) <br />CTrY MANAGE <br />RECOMMENDED ACTION <br />Receive and file. <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1" Reading <br />❑ Ordinance on 2n' 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 October 8, 2014, by a vote of 4 -0 (Sandoval and Verino absent), the <br />Community Redevelopment and Housing Commission recommended that the City Council <br />receive and file. <br />DISCUSSION <br />This status report for the quarter ending on September 30, 2014 provides statistics for the day -to- <br />day 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 for the fiscal year. <br />1901-1 <br />