H-4 Preservation of At-Risk Housing

The City shall continue to monitor all units considered at risk of conversion to market rate and assist property owners in maintaining the affordability of these units. The City shall support and assist property owners in applying for State and Federal funding to preserve at-risk housing, and as funding permits, shall provide financial assistance to nonprofit housing developers in the acquisition and rehabilitation of at-risk housing projects. The City shall ensure that property owners comply with State noticing requirements to notify tenants one year ahead of their intent to terminate subsidy contract or affordability covenants. As necessary, the City shall also provide technical assistance to tenants to access other affordable housing resources.

Responsible Department(s):
City Manager
Supporting Department(s)/Partner(s):
Alameda County Department of Housing and Community Development
Program Type(s):
City Master Plans, Strategies, and Programs (MPSP)
Implements These Policy(ies):
Funding Source(s):
HOME, Inclusionary Housing In-Lieu Fees, other HUD and State Housing Preservation funds, Section 8 Rental Assistance

Program Status:
Not Started
In Progress