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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 is the City of Union City's Amended Affordable Housing Trust Fund Spending Plan, last updated in July 2020. The plan outlines how the city will allocate funds from its Affordable Housing Trust Fund to address affordable housing needs, including revenues, administrative mechanisms, and anticipated uses of the funds. The City anticipates $687,150 in revenues and interest by December 31, 2025, dedicating $1,284,054.06 to rehabilitation, veteran housing programs, and new construction, $770,432.44 to affordability assistance, and $513,621.63 to administrative costs. The document also includes a midpoint review of the City's progress in meeting its affordable housing obligations, indicating a realistic opportunity to achieve its goals.

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Timeline

First Discovered

Apr 4, 2026

Last Info Update

Apr 4, 2026

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