Res 2021-064/approving Substantial Amendment No. 10 to the Community Development Block Grant-Disaster Recovery (CDBG-DR) Action Plan

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of the payment plan signed by all applicable parties, along with documentation that they are current on their payment plan. 4) Residency status. The applicant and co -applicant must be U.S. citizens or a legal resident aliens. 5) Mortgage Payments. The applicant must be current on mortgage payments, if applicable. b) Single Family 1-4 Unit Rental Applicant Eligibility Requirements The Single Family 1-4 Unit Rental applications will be taken on a first come -first served basis. Only homes that sustained substantial damage or were destroyed will be considered for program participation. The owner of the rental unit will need to certify that the rental unit(s) will be rented to low to moderate income households for a period of five years. The owner must also be able to show the following: 1) Applicant's home must be located within the updated fleedplain within the city limits of San Marcos and have been damaged as a result of one or both of the major two floods of 2015. 2) Proof of ownership. The applicant must have been the owner of the damaged home at the time of the flood(s) as well as the current owner. Standard proof of ownership is a valid deed of trust or warranty deed which cites the applicant's name and that is recorded in the county records. The Texas Administrative Code Section 54.3 allows alternative proof of ownership for the purposes of federally funded disaster recovery programs. 3) Property taxes. Applicant must furnish evidence that property taxes are current, have an approved payment plan, or qualify for an exemption under current laws. If property taxes are not current, applicant must document that one of the following alternatives have been met. 4) Below please note the Affordability period per amount of assistance per unit (except for the Reconstruction of City Owned Property activity, added to the Action Plan by Substantial Amendment No. 6 that has a 30 year affordability period): Affordability Period Amount of Assistance per unit Length of Affordability Period Less than $15,000 5 years $15,001 to $40,000 10 years More than $40,000 15 years New Construction 20 years Uniform Relocation Act requirements will apply to landlords that have tenants at the time of application. The City is exploring options on the best way to approach temporary relocation needs for tenants during the program planning process. 4 U, Owner O c a,.,)q.r ii c, d 1 o Address Il .r ii o v .&. on Of II° tl o u,)� S ii ii Ioii, aIIII diii ce,Jl,IIii06i gii, ou, ll.rs aiii d 1Ilrose alii, iis11f of Ilroiir„oe 11essiii c ss The following household characteristics indicate a funding priority: Last Updated 3/03/20 Page 51 of 63