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ATT 2 - List of Eligible Activities per PLHA Program Guidelines

Mountain View City Council
October 25, 2022

Document
ATT 2 - List of Eligible Activities per PLHA Program Guidelines
Meeting
October 25, 2022
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Mountain View City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

Attachment 2
MHT/4/CDD
821-10-25-22Att3

LIST OF ELIGIBLE ACTIVITIES PER PLHA PROGRAM GUIDELINES

Recommended Eligible Activities for City PLHA Allocation

1. Multi-family rental housing: predevelopment, development, acquisition, rehabilitation, and preservation (up to 120% AMI)

2. Homeownership opportunities, including down payment assistance Eligible Activities to Consider for Future Use

3. Capitalized Reserves for Services related to preservation and creation of new Permanent supportive housing (up to 30% AMI)

4. Assisting persons experiencing or at risk of homelessness (up to 30% AMI):
rapid rehousing, case management, operating, and capital funding for emergency shelters and transitional housing activities

5. Accessibility modifications in lower-income owner-occupied housing (up to 80% of AMI)

6. Matching portions of funds placed into Local or Regional Housing Trust Funds

7. Affordable rental and ownership housing, including ADUs (up to 120% AMI):
predevelopment, development, acquisition, rehabilitation, and preservation Eligible Activities Not Applicable to the City

8. Matching portions of funds available through the Low- and Moderate-Income Housing Asset Fund

9. Acquisition and rehabilitation of foreclosed or vacant homes and apartments

10. Fiscal incentives made by a county to a city to incentivize approval of affordable housing projects, or matching funds invested by a county in an affordable housing development project

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