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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />FEBRUARY 17, 2015 <br />TITLE: <br />QUARTERLY REPORT FOR HOUSING <br />DIVISION PROJECTS AND ACTIVITIES <br />OCTOBER 2014 — DECEMBER 2014 <br />{STRATEGIC PLAN NO. 5,3) <br />CITY MANAGEA <br />RECOMMENDED ACTION <br />Receive and file. <br />CLERK OF COUNCIL USE ONLY: <br />0119ROWC11 <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1st Reading <br />❑ Ordinance on 2n' Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />DISCUSSION <br />The status report for the quarter ending on December 31, 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 fiscal year. <br />Table 1: Applications Sent Out, Received & Approved <br />Program <br />Inquiries <br />Applications <br />Applications <br />Applications <br />Sent Out <br />Received <br />A proved <br />Q2 <br />Total <br />Q2 <br />Total <br />Q2 <br />I Total <br />Q2 <br />Total <br />FY <br />FY <br />I FY <br />FY <br />Single-Family Rehabilitation <br />12 <br />4 <br />22 <br />4 <br />5 <br />3 <br />5 <br />Mobile Home Rehabilitation <br />Homeownership <br />2 <br />232 <br />[1-87 <br />1 <br />3 <br />128 <br />0 <br />—41 <br />1 <br />7 <br />1 <br />2 <br />2 <br />4 li <br />19C -1 <br />