Page 371 - FY 2021-22 Blue Book Volume 1
P. 371

Housing

                                                Development and Finance
           Priority Outcome: Create a more livable and sustainable city.
           This program provides affordable housing financing, including Proposition HHH financing for supportive
           housing and tax-exempt bond conduit financing for rehabilitation, preservation and new housing construction.
           Responsibilities also include monitoring construction, relocation, and wage compliance.  The Program also
           handles land use and covenant requirements and environmental clearances in conjunction with the City
           Planning Department.






















                                  Program Changes                           Direct Cost  Positions   Total Cost
           Changes in Salaries, Expense, Equipment, and Special
             Apportionment of Changes Applicable to Various Programs          (2,085,114)        (5)   (3,649,672)
             Related costs consist of employee benefits.
             SG: ($1,912,614) EX: ($172,500)
             Related Costs: ($1,564,558)
           Continuation of Services
            17. Affordable Housing Managed Pipeline                              234,674          -       342,022
                Continue funding and resolution authority for two Financial
                Development Officer Is to support affordable housing
                development and the rehabilitation and financing programs for
                single-family homes and small rental properties. Funding is
                provided by the HOME Investment Partnerships Program Fund
                ($93,870), the Community Development Trust Fund ($96,803),
                and other special funds ($44,001). Related costs consist of
                employee benefits.
                SG: $234,674
                Related Costs: $107,348
            18. Affordable Housing Bond Program                                  665,470          -       974,504
                Continue funding and resolution authority for six positions
                consisting of three Financial Development Officer Is, one
                Financial Development Officer II, and two Management
                Analysts within the Affordable Housing Bond Program. One
                Senior Administrative Clerk is not continued. Funding is
                provided by the Municipal Housing Finance Fund ($595,935)
                and the HOME Investment Partnerships Program Fund
                ($69,535). Related costs consist of employee benefits.
                SG: $665,470
                Related Costs: $309,034

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