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Council adopts Community Ownership Action Plan steps, approves $75,000 technical‑assistance grants
Summary
Mountain View adopted the Community Ownership Action Plan (COPE) framework and authorized a $75,000 technical‑assistance grant program to help community groups pursue community‑ownership housing models; council directed staff to finalize flexible loan guidelines and to return with a full NOFA and underwriting approach in Q1 2026.
The Mountain View City Council on Sept. 9 approved the Community Ownership Action Plan (COPE), a multi‑pronged strategy intended to preserve and expand community‑owned housing models — such as community land trusts, limited equity cooperatives and resident‑owned communities — and authorized a $75,000 technical‑assistance (TA) grant program to help community groups prepare acquisitions and proposals.
Housing Director Wayne Chen and Housing Officer Matthew Reed presented COPE as a response to the housing element program 3.2 requirement to preserve at least 50 units through community ownership approaches. Staff described a multi‑year approach that includes the city serving as funder, capacity builder, convener and policy leader. The plan proposes flexible funding terms (loans that could be low‑ or…
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