Title:
Title
(Housing Authority/City Council) Sacramento Housing and Redevelopment Agency 2020 Budget Overview [Oral Report]
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FileID
File ID: 2020-00613
Location
Location: Citywide
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Recommendation:
Recommendation
Receive and file.
FileName
Contact: La Shelle Dozier, Executive Director, (916) 440-1319, Sacramento Housing and Redevelopment Agency
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Presenter: Susana Jackson, Chief Financial Officer, (916) 440-1373, Sacramento Housing and Redevelopment Agency
Attachments:
1-Description/Analysis
Description/Analysis
Issue Detail: Along with other state and local agencies, the COVID-19 pandemic has brought uncertainty and increased costs to the Sacramento Housing and Redevelopment Agency (Agency). Fortunately for the Agency and the populations we serve, the federal government passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27, 2020, which will have a positive impact on the overall revenue and expenditure outlook for the remaining fiscal year.
The CARES Act funding that the Agency will receive includes additional Housing Choice Voucher Administration funding (HCV) , additional Public Housing Operating Subsidy, as well as Community Development Block Grant funding (CDBG), Emergency Solutions Grant funding (ESG) and Housing for Persons with AIDS funding (HOPWA).
Additionally, the Agency has applied for Federal Emergency Management Agency (FEMA) funding through the California Office of Emergency Services, (CalOES) and is preparing a project application for submittal to Cal OES which will hopefully offset some of the administrative costs incurred while responding to the worldwide pandemic. The following chart details the additional funding provided to the Agency:
Looking forward to the 2021 Agency budget, Staff plans to present a status quo/roll forward budget for approval on August 11, 2020.
Policy Considerations: None
Economic Impacts: Not applicable
Environmental Considerations: This is an informational presentation only and is not subject to CEQA pursuant to CEQA Guidelines Section 15378.
Sustainability: None
Commission/Committee Action: On June 17, 2020, the Sacramento Housing and Redevelopment Commission received the information contained in this report.
Rationale for Recommendation: Not applicable.
Financial Considerations: None
Local Business Enterprise (LBE) - M/WBE and Section 3 requirements: Not applicable