General Plan - Moreno Valley

CHAPTER 8 – HOUSINGOverview8.1 Housing Element GoalsThe goals of the Housing Element areto:G.8.1. Improve and maintain decent,sanitary and affordable housing.G.8.2 Improve and maintain decent,sanitary and affordable housingfor very-low income householdsand seniors.G.8.3 Reduce substandard housingand health and safety violations.G.8.4 Assist in the revitalization ofolder neighborhoods.G.8.5 Improve and maintain decentand affordable rental housing.G.8.6 Assist very low, low andmoderate-income first timebuyers to purchase homes.G.8.7 Add to the number of affordablerental units for very low and lowincomehouseholds.G.8.8 Create affordable housing unitsfor senior households.Objective 8.1Rehabilitate a minimum of fifteen singlefamilyhomes under the Home ImprovementLoan Program (HILP).Objective 8.2Rehabilitate a minimum of fifteen singlefamilyhomes under the HomeownerAssistance for Minor Rehabilitation, loanprogram (HAMR).Policies:MORENO VALLEY GENERAL PLAN8.2.1 Rehabilitate single-family homes tocorrect substandard conditions, improvehandicap accessibility, and improve theaesthetics of older neighborhoods, therebycontributing to their preservation andrevitalization.Programs:8.1 Utilize the Home Improvement LoanProgram (HILP) that provides a 3%loan for up to $15,000 deferred for20 years. Available citywide for verylow to lower income homeowners.8.2 Utilize the Homeowner Assistancefor Minor Rehabilitation (HAMR) loanprogram that provides a 3% to 5%loan for up to $7,500 amortized overa 10-year term.HOUSING ELEMENT OBJECTIVES,POLICIES AND PROGRAMSObjective 8.3Rehabilitate a minimum of ninety mobilehomes, for very low-income homeowners, inmobile home parks citywide, under theMobile Home Grant Program.Policies:8.3.1 Correct substandard conditions inmobile home parks.Programs:8.3 Utilize the Mobile Home GrantProgram that provides grants up to$10,000 for owner-occupants ofmobile homes.Page 8-78 July 11, 2006