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Agenda Packet_2024-03-19
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Agenda Packet_2024-03-19
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Clerk of the Council
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3/19/2024
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A <br />B <br />I C <br />I D <br />8 <br />Program Implementation Status pursuant to GC Section 65583 <br />Housing Programs Progress Report <br />Describe progress of all programs including local efforts to remove governmental constraints to the maintenance, improvement, and development of housing as identified in the housing <br />element. <br />9 <br />10 <br />1 <br />2 <br />3 <br />4 <br />11 <br />Name of Program <br />Objective <br />Timeframe in H.E <br />Status of Program Implementation <br />A. Provide funding and technical <br />In CY 2023, the Affordable Housing Projects financed in 2022, WISEPIace, <br />38. Permanent Supportive <br />assistance to support the development <br />Ongoing <br />Crossroads at Washington, and Westview Hosue, are under construction and <br />Housing <br />of permanent supportive housing for <br />due for completion in 2024. <br />110 <br />people experiencing homelessness. <br />At the end of CY 2023 the City had six (6) affordable housing projects under <br />construction, and two (2) affordable housing projects in pre -development. Each <br />project was made possible through the financial assistance provided by the City <br />in CY 2022. The projects under construction are all due for completion by the end <br />of CY 2024. Estrella Springs-CDBG ($1,687,047); Eight -nine (89) PBVs consisting <br />of 34 HUD-VASH PBVs and 55 regular PBVs. Archways ( Formally known as <br />B. Provide financial assistance to <br />Westview House)- Inclusionary Housing ($1,514,113), HOME Investment <br />support the production ale or <br />Partnerships Program ($2,003,705), Rental Rehabilitation Program ($386,523), <br />rehabilitation of affordable housing for <br />and twenty-six (26) Mainstream Program PBVs Crossrads at Washington -HOME <br />41. FamilyHousing <br />g <br />extremely low-, very low-, and low- <br />Ongoing <br />g g <br />Investment Partnerships Program HOME $3,007,489 , Neighborhood <br />p g (HOME) ( ) g <br />income large families (see program No. <br />Stabilization Program ($1,637,420), sixty-five (65) year ground lease agreement <br />1). <br />for 1126,1136 and 1146 E. Washington Avenue (Appraised Value as of September <br />22, 2019: $4,108,136) and fifteen (15) PBVs Habitat for Humanity-Inclusionary <br />Housing ($565,271) and a 99-year ground lease agreement for 416 Vance Street <br />and 826 N. Lacy Street (Appraised Value as of Oct 25, 2018: $578,000) WISEPIace <br />Permanent Supportive Housing- HOME -American Rescue Plan ($5,256,327); <br />Twenty-five (25) PBVs FX Residences- Housing Successor Agency ($1,656,947), <br />three (3) PBVs, 99-year ground lease agreement for 801 E. Santa Ana Blvd. <br />111 <br />(Appraised Value as of Oct 25, 2018: $788,000). <br />C. Offer down payment assistance to <br />In CY 2023, eighteen (18) households were provided with a down payment <br />112 <br />41. Family Housing <br />qualified low-income and moderate- <br />Ongoing <br />assistance loan in order to purchase their first home in the City. <br />income families see program No. 34). <br />B ips <br />City Council 13 — 247 3/19/2024 <br />
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