Title:
Title
Approval of Agreement for the Youth Workforce Program
End
FileID
File ID: 2019-00271
Location
Location: District 1
Recommendation:
Recommendation
Adopt a Resolution: 1) approving a funding agreement with the Housing Authority of the City of Sacramento for the Youth Workforce Program in the amount of $100,000; 2) establishing the Youth Workforce Program project (I19142000); and 3) establishing revenue and expenditure budgets in the amount of $100,000 in I19142000.
Contact: Sonja Sanders, Administrative Officer, (916) 808-8824; Shannon Brown, Interim Director, (916) 808-6076, Youth, Parks and Community Enrichment Department.
Body
Presenter: None
Attachments:
1-Description/Analysis
2-Contract
3-Resolution
Description/Analysis
Issue Detail:
The Housing Authority of the City of Sacramento (HACS) administers the collection of the Supplemental Annual Administrative Fees (Fees) on behalf of the City of Sacramento. The Fees are collected from multifamily low-income housing developments which were financed with Mortgage Revenue Bonds issued by HACS. The Fees are paid only by developments that file a Welfare Tax Exemption on property taxes due under Revenue and Taxation Code Section 214. Under the exemption, property taxes are waived based on the number of units that are restricted to low income families under a regulatory agreement. This statute requires that the property tax savings must be used to benefit the low-income housing residents
In North Natomas, there are eight affordable housing apartment projects that file for the property tax exemption and pay the Fees. In the past, HACS has used the Fees to contract with a service provider to offer after school and summer youth enrichment programs. HACS and City staff have decided to use these Fees to establish a Youth Workforce Program. This program will engage about 80 youth from area high schools that serve these housing projects into City youth programs and activities to encoura...
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