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19F - QRTLY RPT HOUSING
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19F - QRTLY RPT HOUSING
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Last modified
5/12/2016 11:32:58 AM
Creation date
5/13/2016 8:51:03 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
19F
Date
5/17/2016
Destruction Year
2021
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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />MAY 17, 2018 <br />TITLE; <br />QUARTERLY REPORT FOR HOUSING <br />DIVISION PROJECTS AND ACTIVITIES <br />JANUARY 2016 — MARCH 2016 <br />(STRATEGIC PLAN NO. 5, 3) <br />CITY MANAGER <br />!RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />C] As Recommended <br />j� As Amended <br />CJ Ordinance onl'tReading <br />❑ Ordinance on 2 "0 Reading <br />❑ Implementing Resolution <br />[j Set Public Hearing For <br />CONTINUED TO <br />Receive and file the quarterly report for Housing Division Projects and Activities (January 2016 — <br />March 2016). <br />CQfNMUNITY REDEVELOPMENT AND HOUSING COMMISSION ACTION <br />At Its regular meeting on April 27, 2016, by a vote of 5:0 (A, Marcia absent), the Community <br />Redevelopment and Housing Commission approved the recommended action. <br />DISCUSSION <br />The status report for the quarter ending on March 31, 2016 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 clown payment assistance for <br />first -time homebuyers and rehabilitation loans for historic single - family, single- family and mobile <br />homes. inquiries are received from the public and applications are mailed out and received for <br />these programs on a continual basis. During this quarter, there was one Loan Subordination <br />request, Table 1 shows the number of inquiries, applications sent out, received and approved by <br />type for the quarter and the total fiscal year. <br />19F -1 <br />
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