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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