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April 1, 2009 thru June 30, 2009 Performance Report B-08-MN-06-0515 Grant: Palmdale, CA Grantee: 1 Community Development Systems Disaster Recovery Grant Reporting System (DRGR) ---PAGE BREAK--- Grant Number: B-08-MN-06-0515 Grantee Name: Palmdale, CA LOCCS Authorized Amount: $7,434,301.00 Estimated PI/RL Funds: $195,889.28 Obligation Date: 03/20/2009 Award Date: 03/09/2009 03/09/2013 Contract End Date: Reviewed and Approved Review by HUD: Total Budget: $7,630,190.28 Disasters: No Disasters Found Declaration Number N/A Total Obligated Total Projected Budget from All Sources This Report Period Total Budget $7,505,361.68 To Date $13,793.00 $7,505,361.68 Overall $0.00 $13,793.00 Narratives Areas of Greatest Need: The areas of greatest need are the urban neighborhoods and consist of 35 of the 70 block groups in the City of Palmdale. The eligible block groups have over 51% of the population has income of 120% or less of the area median income, and have a HUD assigned risk factor of 7 to 9. Block groups with a risk factor of 10 are rural areas and primarily vacant land. Distribution and and Uses of Funds: The funds will be used in eligible block groups identified with a HUD risk factor of 7 to 9 and a high concentration of homes financed by subprime mortgage related loans, high percentage of home foreclosures, and areas likely to face a significant rise in the rate of home foreclosures. The funds will be used for acquisition and rehabilitation of foreclosed residences, both multi-family and single family residences, demolition of blighted structures, and a land bank. Census tracts/block groups: 910201-1,2; 910206-1; 910402-1,2; 910403-1; 910404-1,2; 910501-1,2,3; 910502-1,2; 910503-1,2,4; 910601-1,2,3; 910602-1; 910603-1,2,3,4; 910604-2,3,4;910703-1,2; 910705-1,2; 910706-1; 910707- 910710-3,4. Definitions and Descriptions: Low Income Targeting: Palmdale's Neighborhood Stabilization Program participants must meet the income requirement of 120% of area median income as defined by HUD. 25% of the program funds will benefit households meeting the income requirement of 50% of area median income as defined by HUD. Acquisition and Relocation: The City is utilizing the Neighborhood Stabilization Program funds to acquire foreclosed vacant residential properties. Properties will be reviewed for relocation requirements based on visual inspection and certifications obtained from sellers. Public Comment: No public comment was received. Active QPR Contact: Grant Status: Sophia Reyes $0.00 $0.00 Total Funds Drawdown Grant Award Amount: $7,434,301.00 2 Community Development Systems Disaster Recovery Grant Reporting System (DRGR) ---PAGE BREAK--- $0.00 $0.00 $0.00 $22,688.87 $0.00 $0.00 $0.00 Total Funds Expended Program Income Drawdown $0.00 $0.00 Match Contributed Program Funds Drawdown $22,688.87 Program Income Received Staff has developed a list of eligible properties targeted for acquisition. Contracts are in process for Appraisal Services and Title/Escrow Services. Overall Progress Narrative: Progress Toward Required Numeric Targets $0.00 $0.00 Actual Limit on Public Services $0.00 0.00% 0.00% Overall Benefit Percentage (Projected) $0.00 Requirement Limit on Admin $0.00 $0.00 Limit on Admin/Planning $1,115,145.15 Target $743,430.10 Minimum Non-Federal Match Progress towards LH25 Requirement $1,907,547.57 $.00 Overall Benefit Percentage (Actual) Most Impacted and Distressed Threshold (Projected) $0.00 $0.00 Project Summary Project Project Title This Report Period To Date Program Funds Drawdown Project Funds Budgeted Program Funds Drawdown 2008-0001, Rehabilitation $0.00 $0.00 $0.00 2008-0003, Clearance and Demolition $0.00 $0.00 $0.00 2008-0004, Land Banking - Acquisition $0.00 $0.00 $0.00 2008-0005, Administration $0.00 $0.00 $0.00 2008-006, Redevelop demolished or vacant properties $0.00 $0.00 $0.00 Most Impacted and Distressed Expended $0.00 $0.00 3 Community Development Systems Disaster Recovery Grant Reporting System (DRGR) ---PAGE BREAK--- Activities 2008-0005 / Administration Project # / Title: Grantee Activity Number: Projected Start Date: Benefit Type: Overall $743,430.00 N/A City of Palmdale 38300 Sierra Highway Palmdale, CA Total Projected Budget from All Sources Match Contributed $743,430.00 $0.00 $0.00 $0.00 $13,793.00 $0.00 Total Budget National Objective: Program Income Drawdown Activity Status: Program Income Received Total Funds Drawdown Projected End Date: Completed Activity Actual End Date: Total Obligated 2008-005 $0.00 $0.00 $0.00 Apr 1 thru Jun 30, 2009 Activitiy Category: $0.00 $0.00 N/A 12/31/2014 $13,793.00 To Date 09/29/2008 ( ) $0.00 Most Impacted and Distressed Expended Responsible Organization: $0.00 Administration Under Way Activity Description: Program Administration including but not limited to application preparation, NEPA Clearance, reporting, acquisition and disposition of units. Location Description: N/A Staff has attended HUD trainings for the Neighborhood Stabilization Program. Request for Qualifications/Proposals have been issued and contracts are in process for Appraisal Services and Title/Escrow Services. Technical Assistance contract has been approved by Council to expand Consultant Services to include the Neighborhood Stabilization Program. Program Guidelines are in draft form and undergoing review. Staff has developed a list of Activity Progress Narrative: NSP Administration Activity Title: Project Number: 2008-0005 Project Title: Administration $22,688.87 $22,688.87 City of Palmdale 38300 Sierra Highway Palmdale, CA $0.00 Program Funds Drawdown $0.00 $22,688.87 $22,688.87 Total Funds Expended 4 Community Development Systems Disaster Recovery Grant Reporting System (DRGR) ---PAGE BREAK--- eligible properties targeted for acquisition. No Activity Locations found. Activity Locations No Other Funding Sources Found Other Funding Sources Amount Total Other Funding Sources No Other Match Funding Sources Found Other Funding Sources Budgeted - Detail No Accomplishments Performance Measures Accomplishments Performance Measures No Beneficiaries Performance Measures found. Beneficiaries Performance Measures 5 Community Development Systems Disaster Recovery Grant Reporting System (DRGR)