Laserfiche WebLink
<br /> Consolidated Plan REDWOOD CITY 95 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br />SP-30 Influence of Market Conditions – 91.215 (b) <br />Influence of Market Conditions <br />Affordable Housing <br />Type <br />Market Characteristics that will influence <br />the use of funds available for housing type <br />Tenant Based Rental <br />Assistance (TBRA) <br />Although rental assistance has been identified as a high priority need in <br />the community, the City will not receive sufficient HOME funds to make <br />such a program practical. <br />TBRA for Non- <br />Homeless Special <br />Needs <br />Although rental assistance has been identified as a high priority need in <br />the community, the City will not receive sufficient HOME funds to make <br />such a program practical. <br />New Unit Production Extreme rental affordability conditions of the local market will make this a <br />high priority program for City HOME funds. <br />Rehabilitation 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 />preservation <br />Extreme rental affordability conditions of the local market will make this a <br />high priority program for City HOME funds. <br />Table 50 – Influence of Market Conditions <br /> <br /> <br /> <br />6.3.F. - Page 107