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HomeMy WebLinkAboutCouncil Agenda StatementCOMMUNITY DEVELOPMENT COMMISSION HOUSING AUTHORITY OF THE CITY OF NATIONAL CITY AGENDA STATEMENT MEETING DATE: June 18, 2013 AGENDA ITEM NO. ITEM TITLE: Resolution of the Community Development Commission Housing Authority of the City of National City adopting the Morgan Tower and Kimball Tower Budgets for Fiscal Year 2013-2014 (Housing and Grants) PREPARED BY: Alfredo Ybarra DEPARTMENT: Housing and GrantCj; 11 APPROVED PHONE: 619 336-4279 EXPLANATION: This is a request to approve the Morgan Tower and Kimball Tower Budgets for Fiscal Year 2013-14. The Community Development Commission Housing Authority of the City of National City operates housing programs that benefit very low, low and moderate -income households in the City of National City. All costs of operating these programs are revenue offset. There is no cost to the City General Fund. FINANCIAL STATEMENT: ACCOUNT NO. APPROVED: APPROVED: Finance MIS The funding source is Morgan Tower and Kimball Tower rental revenues and Section 8 rental subsidies from the U.S. Department of Housing and Urban Development. There is no cost to the City General Fund. ENVIRONMENTAL REVIEW: N/A ORDINANCE: INTRODUCTION: FINAL ADOPTION: STAFF RECOMMENDATION: Approve resolution. BOARD / COMMISSION RECOMMENDATION: ATTACHMENTS: 1. Background 2. Morgan Budget 3. Kimball Budget