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General Plan - Moreno Valley

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CHAPTER 8 – HOUSINGMORENO VALLEY GENERAL PLANPolicyProgram2.1.01 The EDD/RDA will work with County, State and Federal Agencies and staff toensure that <strong>Moreno</strong> <strong>Valley</strong>’s housing programs benefit from any availableassistance and that they are an integrated part of meeting regional housingneeds.UpdateThe City of <strong>Moreno</strong> <strong>Valley</strong> has been very diligent and successful in obtaining funds toleverage its Low-income Housing Setaside. During the reporting period the City and theCity’s significant financial participation in projects succeeded in leveraging set aside fundswith California Housing Rehabilitation Program for Owners (CHRP-O) funds, HOME funds,Federal 202 funds, Federal Tax Credits, Federal Reserve Affordable Housing Program (AHP)and Community Development Block Grant (CDBG) funds.PolicyProgram2.1.02 The EDD/RDA, will work to directly subsidize the construction of at least 750 newhousing units of various types and sizes that are affordable to very low and lowincomehouseholds by 1995. This corresponds to 10.2% of the City’s identifiedfair share of regional housing needs of 3,375 very low and 4,023 low-incomeaffordable housing units.UpdateThe RDA has subsidized the construction of new housing units. The RDA focus has been onproviding long-term affordable housing to special needs groups and very low-income families.In total 104 new housing units have been constructed between 1992 and December of 1997.The 104 units comprise 7% of all the units constructed in the city between 1992 and 1997and 1% of the City’s identified fair share of regional housing needs.ProjectUnitsTELACU – 25105 Fir Street -senior housing 75Crippled Children – 24545 Bay Avenue - housing for handicapped adults 25Habitat for Humanity – 13191-13235 Scotty Lane – single family 4TOTAL 104Page 8-90 July 11, 2006

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