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Affordable Housing Trust Fund Spending Plan

BID #: N/A
ISSUED: 7/9/2020
DUE: 12/31/2025
VALUE: $2,568,108.13
100
Rating

Risk Rank

Green Risk

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Executive Summary

This document outlines Union City's Affordable Housing Trust Fund Spending Plan, amended in April 2018 and updated again in July 2020. The plan details the city's strategy for allocating funds to meet its affordable housing obligations, in accordance with the Municipal Land Use Law and the Fair Housing Act. The plan encompasses revenue projections, administrative mechanisms, and expenditure schedules for initiatives like rehabilitation programs, new construction, and affordability assistance. As of March 2, 2020, the Affordable Housing Trust Fund had a balance of $1,889,958.13, with projected revenues and interest totaling $2,568,108.13 through December 31, 2025.

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Timeline

First Discovered

Apr 2, 2026

Last Info Update

Apr 2, 2026

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Affordable Housing Trust Fund Spending Plan — Union (City) | MuniBidder