Exhibit CC 2-18-14 Item No. 5 - Housing Commission updateCity of Cupertino Housing Commission
Annual Update To City Council
Presented By:
Nicole Maroko, Housing Commissioner
February 18, 2014
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Current Housing Commission
Krista Wilson, Chair
Jimmy Chien, Vice Chair
3. Nicole Maroko, Commissioner
4. Harvey Barnett, Commissioner
5. Rajeev Raman, Commissioner
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Housing Programs Overview
General Plan 2015 — 2023 Housing Element Update
2 Below Market -Rate (BMR) For -Sale Program & Rental Program
3. Community Development Block Grant (CDBG) Program
4. General Fund Human Service Grants (HSG) Program
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General Plan 2015 -2023 Housing Element Update
January 23, 2014 — Joint Planning Commission /Housing Commission Study
Session regarding overview of the Housing Element.
2. February 12, 2014 — Housing Commission Community Workshop regarding
sites identification and provided direction to staff.
3. The Housing Commission will continue to work with staff, Planning
Commission and City Council throughout the Housing Element update process
and attend future meetings as needed.
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Below Market -Rate (BMR) For -Sale Program
BMR For -Sale Housing Portfolio = 118 units
Unit Types: Condominiums & Townhomes
Bedroom Count: 1 to 3 Bedrooms
• I ncome Levels: Median (81% - 100 %) AMI, and Moderate - Income (101% - 120 %) AMI
5 BMR Resale's 51 Households Applied 23 Applicants Annual Monitoring
Accepted Began Jan. 2014
4 BMR Resale's 43 Households Applied 31 Applicants Annual Monitoring
Accepted Performed Jan. 2013
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Below Market -Rate (BMR) Rental Program
BMR Rental Housing Portfolio = 136 units
Unit Types: Apartments
Bedroom Count: 1 to 3 Bedrooms
• Income Levels: very Low - Income (31% - 50 %) AMI, and Low - Income (51% - 80 %) AMI
11 BMR Units Rented
28 BMR Units Rented
CUPERTINO
46 Households Applied
65 Households Applied
247 Households on
Waiting List
215 Households on
Waiting List
180 Households
Attended BMR
Orientation
269 Households
Attended BMR
Orientation
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Community Development Block Grant (CDBG) Program
FY 2014/15 — Received 7 applications totaling $862,433. Housing Commission
began rating & ranking grant applications at the regular Housing Commission
Meeting on February 13, 2014. Housing Commission will finalize funding
recommendations at special Housing Commission meeting on February 24, 2014.
Will forward funding recommendations to City Council in April 2014.
84 Extremely Low - Income
Households Served
168 Extremely Low - Income
Households Served
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25 Very Low - Income
Households Served
45 Very Low - Income
Households Served
3 Low - Income
Households Served
6 Low - Income
Households Served
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General Fund Human Service Grants (HSG) Program
FY 2014/15 — Received 5 applications totaling $42,300. Housing Commission
began rating & ranking grant applications at regular Housing Commission
Meeting on February 13, 2014. Housing Commission will finalize funding
recommendations at special Housing Commission meeting on February 24, 2014.
Will forward funding recommendations to City Council in April 2014.
107 Extremely Low - Income
Households Served
149 Extremely Low - Income
Households Served
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8 Very Low - Income
Households Served
18 Very Low - Income
Households Served
63 Low - Income
Households Served
86 Low - Income
Households Served
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Staff Contact Information
Christopher "C.J." Valenzuela, Senior Housing Planner
10300 Torre Avenue, Cupertino, CA 95014
408.777.3251 (Phone); christopherv(a cupertino.org (E -mail)
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