Title:
Title
(City Council/Housing Authority) Approval of 2020 Sacramento Housing and Redevelopment Agency Budget [Noticed 10/15/2019]
End
FileID
File ID: 2019-01287
Location
Location: Citywide
Recommendation:
Recommendation
Conduct a public hearing and upon conclusion, adopt: 1) a City Council Resolution: a) approving the 2020 proposed budget for the Sacramento Housing and Redevelopment Agency (Agency); b) delegating authority to the Agency to administer certain federal funds as set forth in the budget; c) authorizing the Agency to submit grant applications for activities within the jurisdiction of the Agency; d) authorizing the Agency to enter into contracts, make fund transfers, transfer project appropriations, amend the Agency budget and to undertake other actions necessary to implement the programs and projects set forth in the budget; and e) consent to the Authority's submittal of the annual housing operating budgets and the application for Capital Fund Plan funding to the U.S. Department of Housing and Urban Development (HUD); 2) a Housing Authority Resolution: a) approving the 2020 proposed budget for the Housing Authority of the City of Sacramento (Authority); b) delegating authority to administer certain federal funds as set forth in the budget; c) authorizing the Authority to submit grant applications for activities within the jurisdiction of the Authority; d) authorizing the Executive Director to submit the annual housing operating budgets to HUD and the application to HUD for Capital Fund Plan funding; and e) authorizing the Executive Director to enter into contracts, make fund transfers, transfer project appropriations, amend the Agency budget and undertake other actions necessary to implement the programs and projects set forth in the budget; and 3) a City Council Resolution adopting a Multi-Family Loan and Mortgage Revenue Bond Application Schedule that corresponds with California Tax Credit Allocation Committee and Calif...
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