Cities Index.
ATT 2 - List of Eligible Activities per PIP Program Guidelines

Mountain View City Council
February 14, 2023

Document
ATT 2 - List of Eligible Activities per PIP Program Guidelines
Meeting
February 14, 2023
Body
Mountain View City Council
Original file
124 KB
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

LIST OF ELIGIBLE ACTIVITIES PER PIP PROGRAM GUIDELINES

Eligible Activities for City PIP Program funds

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

2. Homeownership opportunities, including down payment assistance

3. Capitalized Reserves for Services related to creation of new Permanent supportive housing

4. Assisting persons experiencing or At risk of homelessness: rapid rehousing, rental assistance, navigation centers, emergency shelters, and new construction, rehabilitation, and preservation of permanent and transitional housing

5. Accessibility modifications

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

7. Affordable rental and ownership housing (up to 120% AMI) 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 or matching funds to local agencies that approve new housing (up to 120% AMI)

← All documents from this meeting