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FULL PACKET_2014-09-16
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FULL PACKET_2014-09-16
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9/16/2014 10:21:14 AM
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Agenda Packet
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Clerk of the Council
Date
9/16/2014
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support services designed to increase or maintain the independence of its tenants and is <br />LEED Gold certified. <br />3) WBBB Affordable Housing Project— During the 2013 -2014 report cycle, this project resulted <br />in the construction of 50 affordable rental housing units for persons with incomes at or <br />below 50% of the Area Median Income for Orange County. <br />4) Habitat for Humanity Project — During the 2013 -2014 report cycle, three properties were <br />completed and sold to qualified households. For the next program year four for -sale units <br />are currently under construction and will be sold to ,qualified households, with another <br />seven units that will begin construction. <br />5) Single Family Rehab and Down Payment Assistance Program <br />EXHIBIT 9 provides additional data regarding Program Year 2013-2014 housing accomplishments and <br />efforts to meet the needs of Lower Income households. <br />B. MATCH REPORT <br />Recipients of HOME funds are required to match each HOME dollar spent during the report period. <br />Typically, a HOME Participating Jurisdiction (PJ) is required to match HOME funds at a ratio of one <br />non - federal dollar for every four HOME dollars spent (i.e. 25 %). The City was notified by HUD that <br />for the 2013 -2014 report period its HOME match' requirement was reduced to 0% because the <br />City's "family poverty rate" was 125% or more of the average national poverty rate, and the City's <br />per capita income was less than 75% of the national average. Even though the City does not have a <br />match obligation, a record of eligible HOME match has been maintained —the City has cumulatively <br />logged over $15.4 million in HOME match through the 2013 -2014 report period (see FORM HUD - <br />4107A - EXHIBIT 10). <br />C. MINORITY & WOMEN BUSINESS ENTERPRISES CONTRACTS & SUBCONTRACT <br />The City is required to report HOME resources awarded to Minority Business Enterprises (MBE) and <br />Women Business Enterprises (WBE) via contracts and subcontracts. PART III of HUD FORM 4107 <br />(EXHIBIT 10) provides this information. <br />D. ADDITIONAL ASSESSMENTS <br />Results of On -site Inspections of Affordable Rental HOME - Assisted Housing <br />As required by HUD, the City conducted on -site inspections of HOME- assisted rental housing units <br />to ensure units met minimum housing standards. HOME regulations require annual inspections of <br />projects with 26 or more total units; inspections every two years for projects with five to 25 total <br />units, and inspections every three years for projects with one to four total units. <br />41 DRAFT 2013- 2014 CAPER <br />Exhibit 2 <br />19F -50 <br />
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