Page 389 - FY 2020-21 Blue Book Volume I

Housing and Community Investment

Development and Finance
Program Changes Direct Cost Positions Total Cost
Changes in Salaries, Expense, Equipment, and Special
Continuation of Services
18. Affordable Housing Bond Program 757,796 - 1,087,315
Continue funding and resolution authority for seven positions
consisting of three Financial Development Officer Is, one
Financial Development Officer II, two Management Analysts,
and one Senior Administrative Clerk within the Affordable
Housing Bond Program. Partial funding is provided by the
Municipal Housing Finance Fund ($641,845), the HOME
Investment Partnership Program Fund ($88,773), and various
other special funds ($13,290). Related costs consist of
employee benefits.
SG: $757,796
Related Costs: $329,519

19. Affordable Housing Covenants 606,731 - 876,068
Continue funding and resolution authority for six positions
consisting of one Senior Management Analyst II, one Senior
Management Analyst I, and four Management Analysts to
prepare and enforce affordable housing covenants. Funding is
provided by the Municipal Housing Finance Fund. Related
costs consist of employee benefits.
SG: $606,731
Related Costs: $269,337
20. Proposition HHH Program Staff 1,318,214 - 1,875,037
Continue funding and resolution authority for 11 positions
consisting of five Financial Development Officer Is, two
Financial Development Officer IIs, one Community Housing
Program Manager, and three Management Analysts to provide
underwriting support for the Homelessness Reduction and
Prevention, Housing, and Facilities Bond Issue Program
(Proposition HHH). Two vacant positions consisting of one
Rehabilitation Construction Specialist I and one Financial
Development Officer I are not continued. One Management
Analyst position is not continued. These positions will be
reimbursed by Proposition HHH Bond Proceeds. Related costs
consist of employee benefits.
SG: $1,318,214
Related Costs: $556,823
21. Proposition HHH Contracts 230,000 - 230,000
Continue one-time funding in the Contractual Services Account
for cost estimating ($80,000) and prevailing wage compliance
($150,000) services to provide additional support to the
Proposition HHH Program.
EX: $230,000

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