DEPARTMENT: Neighborhood and Housing Services
DEPARTMENT HEAD: Verónica R. Soto, AICP
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
Briefing on the City’s Affordable Housing Business Plan progress through July 2019.
SUMMARY:
Briefing on the City’s Affordable Housing Business Plan progress through July 2019.
BACKGROUND INFORMATION:
The FY 2019 Adopted Budget includes $25 million for Affordable Housing initiatives including $17 million in new funding. The $25 million budget includes $11.7 million for housing preservation and repair, $3.2 million for homebuyer assistance, $1.4 million to develop a coordinated housing system, $7.7 million for gap financing, and a $1 million risk mitigation fund. In November, the City received a $1 million private sector donation for additional funding for our Under 1 Roof program.
ISSUE:
Below is a table that summarizes the implementation status for the 10 housing-related activities that are included in the FY 2019 Affordable Housing Business Plan. The Neighborhood and Housing Services Department has updated the Business Plan to include the City’s prioritization of the anti-displacement work plans. Following the table are summary paragraphs that provide updates on each activity not completed to date.
|
Activity |
2019 Status (October through July) |
|
Affordable Housing Coordination Across All Housing Entities |
On Schedule |
|
Housing Trust & PFC Strategic Plan Development |
On Schedule |
|
Owner Occupied Rehab Program Delivery |
Behind Schedule 13 of 19 Homes Completed 39 Homes Under Contract |
|
Under 1 Roof Program Delivery |
Behind Schedule 312 of 354 Roofs Completed |
|
Homebuyer Assistance & Counseling Programs |
Behind Schedule 199 of 202 Clients Completed |
|
Develop a Housing Risk Mitigation Fund Policy |
Completed |
|
Gap Financing Awards for New Affordable Rental and Homeownership Development Projects |
Completed |
|
Consolidate City Housing Staff into the Neighborhood and Housing Services Department (NHSD) |
Completed |
|
Reconstitute the Housing Commission |
Completed |
|
LISC Support Contract Execution |
Completed |
Coordinated Housing System
• NHSD hosted ForEveryoneHome teams and staff during a 3 day tour.
• Removing Barriers to Affordable Housing Committee met on July 15.
• CivTech presented affordable housing portal prototype on July 30.
Strategic Plan/Review of Housing Trust & Public Facility Corporation
• Strategic Assessment and Executive Summary were presented to City Council members.
• Final draft submitted on July 24, staff receiving feedback for final assessment
Owner Occupied Rehabilitation
• Thirteen (13) homes completed in July.
• Thirty-Nine (39) homes under construction.
Under 1 Roof
• 312 roofs replaced
Homebuyer Assistance & Counseling Programs
• Assisted 199 residents with first-time housing down payment financial assistance
• Staff received 1,742 applications.
Risk Mitigation Fund
•Team assisted 192 families through the end of July
FISCAL IMPACT:
This report is for briefing purposes only.
RECOMMENDATION:
This report is for briefing purposes only.