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Rosemead council authorizes reallocation of nearly $1.98M in PLHA funds to housing development and homeownership assistance
Summary
Council adopted Resolution No. 2026-11, approving an amendment to the city's PLHA five-year plan to reallocate approximately $1,980,000 to support the Marshall Heart housing development (predevelopment/development costs) and a new homeownership assistance program offering deferred, 0% loans up to 150% of area median income; the measure passed 5–0.
Rosemead City staff recommended and the City Council adopted an amendment to the city’s Permanent Local Housing Allocation (PLHA) five‑year plan to reassign previously awarded state PLHA funds to housing activities ready for implementation.
Housing consultant Debbie Sotek said the state Department of Housing and Community Development awarded Rosemead about $1,980,000 in PLHA funds in 2022, and…
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