Laserfiche WebLink
6.3.A. - Page 105 <br />SP -30 Influence of Market Conditions — 91.215 (b) <br />Influence of Market Conditions <br />Affordable Housing <br />Market Characteristics that will influence <br />Type <br />the use of funds available for housing type <br />Tenant Based Rental <br />Although rental assistance has been identified as a high priority need in <br />Assistance (TBRA) <br />the community, the City will not receive sufficient HOME funds to make <br />such a program practical. <br />TBRA for Non- <br />Although rental assistance has been identified as a high priority need in <br />Homeless Special <br />the community, the City will not receive sufficient HOME funds to make <br />Needs <br />such a program practical. <br />New Unit Production <br />Extreme rental affordability conditions of the local market will make this a <br />high priority program for City HOME funds. <br />Rehabilitation <br />The aging housing stock and needs of low income home owners are the <br />primary factors that make owner occupied home repair programs a high <br />priority. <br />Acquisition, including <br />Extreme rental affordability conditions of the local market will make this a <br />preservation <br />high priority program for City HOME funds. <br />T.ble 49 — Influence of Market Conditions <br />Consolidated Plan REDWOOD CITY 102 <br />OMB Control No: 2506-0117 (exp. 07/31/2015) <br />