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General Plan - Moreno Valley

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CHAPTER 8 – HOUSINGHOUSING ELEMENT OBJECTIVES,POLICIES AND PROGRAMSObjective 8.8Assist households with down payment andclosing costs.Policies:8.8.1 Provide assistance to facilitatehomeownership for very low tomoderate-income householdsPrograms:8.9 Through the Homebuyer AssistanceProgram, provide 30-year deferredsilent second loans, with no interest,up to 20% or $200,000 of thepurchase price of resale homes.8.10 Work with local CHDO to constructand/or rehabilitate houses for verylow-income households.8.11 Purchase HUD homes for resale tofirst time homebuyers.HOUSING ELEMENT OBJECTIVES,POLICIES AND PROGRAMSObjective 8.9Create a minimum of 126 affordable rentalunits, citywide.Policies:8.9.1 Facilitate the creation of affordablerental units.Programs:8.12 Administer new construction homeownership program and youth jobtraining.8.13 Work with housing developers byproviding Agency assistance toMORENO VALLEY GENERAL PLANwrite-down the costs of units vialoans.8.14 Provide financial assistance for thedevelopment of affordable rentalunits for larger families.8.15 Revise <strong>General</strong> <strong>Plan</strong>.8.16 Continue to implement permitstreamlining.8.17 Revisep standards for mobile homeparks and mobile homesubdivisions.8.18 Review parking standards for multifamily3 and 4 bedroom units,including covered parkingrequirements to determine ifreductions are appropriate.8.19 Review second unit regulations todetermine if expansion is merited toadditional districts.8.20 Continue to pay the developmentfees for projects, on a case-by-casebasis, that have received State orFederal funds, such as Section 202and Tax Credits.8.21 Utilize Redevelopment Agencyfunds, where appropriate andnecessary, to facilitate infrastructurefor affordable projects.8.22 Propose general plan changes forrezoning areas in the city to housinguses or mixed uses that includehousing.HOUSING ELEMENT OBJECTIVES,POLICIES AND PROGRAMSObjective 8.10Create a minimum of seventy senior units.Page 8-80 July 11, 2006

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