PERMANENT LOCAL HOUSING ALLOCATION FORMULA
§302 (c)(4) PLAN – AMENDMENT FOR YEARS 2020, 2021, 2022, 2023
THE CITY OF POMONA
Eligible Applicant Type
Entitlement
Local Government Recipient of PLHA Formula Allocation
City of Pomona
2020 PLHA Formula Allocation
$1,660,695
2021 PLHA Formula Allocation
$1,827,453
2022 PLHA Formula Allocation
$ 915,970
Approximate 2023 PLHA Formula Allocation
$ 938,107
Approximate PLHA Formula 5 Year Allocation
$6,410,670
§302(c)(4)(A) Describe the manner in which allocated funds will be used for eligible activities For the next 4 years, the City of Pomona plans to use its PLHA funding for 3 eligible activities: 2) The predevelopment, development, acquisition, rehabilitation, and preservation of affordable rental and ownership housing, including Accessory Dwelling Units; 3) Matching portions of funds placed into Local or Regional Housing Trust Funds; and 9) Homeownership opportunities, including but not limited to down payment assistance. §302(c)(4)(B) Provide a description of the way the Local government will prioritize investments that increase the supply of housing for households with incomes at or below 60 percent of Area Median Income (AMI) In Year 4, the City will fund the major repair of a 12-unit affordable rental housing for rent to families earning no more than 80% of AMI. The City will provide loans to construct or convert existing structures into ADUs/JADUs. ADUs/JADUs must be rented to tenants earning no more than 80% of AMI. To ensure targeting of tenants with incomes earning no more than 60% of AMI, collaboration with Pomona Housing Authority will be established to encourage owners with completed units become a participating landlord in the Section 8 Voucher Program. For the Down payment Assistance Program, subsidy layering with other funding sources (i.e. HOME Program) to enable families with incomes at 60% of AMI to afford a single family home. Funds will also be used as match to the San Gabriel Valley Regional Housing Trust. For Years 2 &3, the City will fund the Prisma Affordble Artist Loft Apartments, with National Core as developer. Some 74 units of this 75-unit project (1 unit is exempt manager's unit) will benefit residents earning no more than 60% of AMI, with 8 units reserved as permanent supportive housing and 10 units for developmentally disabled individuals. PLHA funds will serve as match to the San Gabriel Valley Local Housing Trust. §302(c)(4)(C) Provide a description of how the Plan is consistent with the programs set forth in the Local Government’s Housing Element.
The City of Pomona's 5-Year PLHA Plan is consistent with the following goals and activities of our 2013-2021 Housing Element: 1) Increase opportunities for homeownership in recognition of its contribution to neighborhood investment, maintenance and stability; 2) Support the construction of multi-family housing in close proximity to transit, employment centers, shopping, schools, community facilities and public services; 3) Encourage single-family and multi-family infill development integrated into and compatible with surrounding neighborhood; 4) Maintain the supply of rental housing available to low- and moderate-income households; 5) Support programs that provide decent and affordable housing to accommodate State identified special needs groups - female headed households, seniors, the disabled, large families and the homeless-with emphasis on groups having a more significant presence in Pomona; 6) Continue providing low-interest loans and/or grants for the rehabilitation of housing that services lower-income households; and, 7) Pursue funding available for appropriate workforce housing and the construction and rehabilitation of lower-income housing.
Activities Detail (Activities Detail (Must Make a Selection on Formula Allocation Application worksheet under Eligible Activities, §301)) §301(a)(2) The predevelopment, development, acquisition, rehabilitation, and preservation of Affordable rental and ownership housing, including Accessory Dwelling Units (ADUs), that meets the needs of a growing workforce earning up to 120 percent of AMI, or 150% of AMI in high-cost areas. ADUs shall be available for occupancy for a term of no less than 30 days. .
§302(c)(4)(E)(i) Provide a detailed and complete description of how allocated funds will be used for each proposed Affordable Rental and Ownership Housing Activity.
Enter Percentage of Funds Allocated for Affordable Owner-occupied Workforce Housing 10%
PLHA funding will also provide loans to create accessory dwelling units or to convert existing structures into ADUs. Through this program, the City hopes to expand the supply of affordable rental housing while providing low-income homeowners with an income stream through monthly rental payments. To qualify, the owner must have incomes at 80% or below of the Los Angeles County median income; and, the owner must rent the newly created rental unit (or the main unit) to tenants with incomes not exceeding 80% of AMI and at affordable rents. In Year 4 (2023), about $800,000 will be allocated for the rehabilitation of a 12-unit property located at 252 E 4th St. This property will be completely rehabilitated and will be offered as affordable rental units to tenants earning no more than 80% of AMI. Other funding sources for this project includes HOME-ARP, HOME Program and Housing Successor Agency funds.
Complete the table below for each proposed Affordable Rental and Ownership Housing Activity to be funded with 2020-2023 PLHA allocations. If a single Activity will be assisting households at more than one level of Area Median Income, please list the Activity as many times as needed to capture all of the AMI levels that will be assisted, but only show the percentage of annual funding allocated to the Activity one time (to avoid double counting).
Funding Allocation Year
2020
2021
2022
2023
2023
Type of Affordable Housing Activity
ADU/
JADU
ADU/
JADU
Rental
ADU/
JADU
Rental
§302(c)(4)(E)(i) Percentage of Funds Allocated for Each Affordable Housing Activity 50%
40%
90%
40%
45%
§302(c)(4)(E)(ii) Area Median Income Level Served
80%
80%
80%
80%
80%
TOTAL
§302(c)(4)(E)(ii) Unmet share of the RHNA at AMI Level
Note: complete for year 2020, 2021 and 2022 only
472
467
462
1,401
§302(c)(4)(E)(ii) Projected Number of Households Served 5 5
11 2
3 26
§302(c)(4)(E)(iv) Period of Affordability for the Proposed Activity (55 years required for rental housing projects) Due on sale
Due on sale
55 years
Due on sale
55 years
§302(c)(4)(E)(iii) A description of major steps/actions and a proposed schedule for the implementation and completion of the Activity. ADU Program - Program has started and applications are being received. There are about 60 applicants on the ADU/JADU program wait list 252 E. 4th Street - The project architect and estimator was selected. Tenants were relocated. RFP for contractor should be awarded in August 2024 upon completion of the plans, specifications and cost estimates. §301(a)(3) Matching portions of funds placed into Local or Regional Housing Trust Funds §302(c)(4)(E)(i) Provide a detailed and complete description of how allocated funds will be used for the proposed Activity.
Enter Percentage of Funds Allocated for Affordable Owner-occupied Workforce Housing 5%
PLHA funds will be used for the Prisma Artist Loft Affordable Housing Project, with National Core as developer. The project will be located at 501 E. Mission, which is a gravel parking lot. It will consist of 75 apartment units, including 15 live-work ground floor units with 1 manager's unit, 8 one-bedroom units operated through the HCV - Project Based Vouchers, and 66 units targeted for families earning between 30% to 60% AMI. It will also have a large community room and space for after school programs. In addition to PLHA funding, the City is providing a land loan, ARPA grant, development impact fee and Housing Successor Agency loans. Total PLHA funding for the project is $631,000 from 2020 funding and $800,000 from 2021 funding. The total $1,431,000 will be delegated to the San Gabriel Valley Regional Housing Trust (SGVRHT). This will allow the SGVRHT to apply for Local Housing Trust Fund Program to match the PLHA amounts by 100%, thus doubling funding available for this housing development.
Complete the table below for each proposed Affordable Rental and Ownership Housing Activity to be funded with 2020-2023 PLHA allocations. If a single Activity will be assisting households at more than one level of Area Median Income, please list the Activity as many times as needed to capture all of the AMI levels that will be assisted, but only show the percentage of annual funding allocated to the Activity one time (to avoid double counting).
Funding Allocation Year
2020
2021
Type of Affordable Housing Activity
Rental
Rental
§302(c)(4)(E)(i) Percentage of Funds Allocated for Each Affordable Housing Activity 38%
45%
§302(c)(4)(E)(ii) Area Median Income Level Served
60%
60%
TOTAL
§302(c)(4)(E)(ii) Unmet share of the RHNA at AMI Level
Note: complete for year 2020, 2021 and 2022 only
472
469
941
§302(c)(4)(E)(ii) Projected Number of Households Served 5 5
N/A
N/A
N/A
10 §302(c)(4)(E)(iv) Period of Affordability for the Proposed Activity (55 years required for rental housing projects) 55 years
55 years
§302(c)(4)(E)(iii) A description of major steps/actions and a proposed schedule for the implementation and completion of the Activity.
National Core shall be applying for a 9% tax credit in February 2024. At the same time, City staff is discussing with San Gabriel Valley Housing Trust the matching of the City's PLHA funding. Financing is anticipated to close in November 2024. The Project is anticipated to be completed in 2025. §301(a)(9) Homeownership opportunities, including, but not limited to, down payment assistance. §302(c)(4)(E)(i) Provide a detailed and complete description of how allocated funds will be used for the proposed Activity.
Enter Percentage of Funds Allocated for Affordable Owner-occupied Workforce Housing 5%
PLHA funding will; be used for the City's First Time Homebuyer Program. The program will provide a second silent of up to $100,000 to families earning no more than 120% of AMI. PLHA funding will be combined with other funding sources (i.e HOME) to allow families earning 60% of AMI and below to afford buying a home.
Complete the table below for each proposed Affordable Rental and Ownership Housing Activity to be funded with 2020-2023 PLHA allocations. If a single Activity will be assisting households at more than one level of Area Median Income, please list the Activity as many times as needed to capture all of the AMI levels that will be assisted, but only show the percentage of annual funding allocated to the Activity one time (to avoid double counting).
Funding Allocation Year
2020
2021
2022
2023
Type of Homeowner Assistance
Down Payment Assistance
Down Payment Assistance
Down Payment Assistance
Down Payment Assistance
§302(c)(4)(E)(i) Percentage of Funds Allocated for the Proposed Activity 7%
10%
5%
10%
§302(c)(4)(E)(ii) Area Median Income Level Served
120%
120%
120%
120%
TOTAL
§302(c)(4)(E)(ii) Unmet share of the RHNA at AMI Level
Note: complete for year 2020, 2021 and 2022 only
472
471
469
1412
§302(c)(4)(E)(ii) Projected Number of Households Served 1 2
1 1
5 §302(c)(4)(E)(iv) Period of Affordability for the Proposed Activity 15 years; 20 years new construction
15 years; 20 years new construction
15 years; 20 years new construction
15 years;
20 years new construction
§302(c)(4)(E)(iii) A description of major steps/actions and a proposed schedule for the implementation and completion of the Activity.
Program guidelines, policies and procedures are in place. Partnerships with mortgage lenders, real estate agents were established. The program was opened to interested first time homebuyers in FY 2021-2022.
CITY OF POMONA ATTACHMENT 1-
§302 (c)(4) PLAN AMENDMENT (3) EXHIBIT A