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SR-HA-2 (5) I . , HA-2 RMD JM SW Santa Monica, California Housmg Authonty Meetmg NOV 2 2 199,. TO- Housing Authonty FROM- City Staff SUBJECT RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR TO ENTER INTO AN ANNUAL CONTRIBUTIONS CONTRACT FOR 38 HOUSING ASSISTANCE VOUCHERS AND CERTIFICATES INTRODUCTION The Department of Housing and Urban Development (HUD) published a Notice of Funding Availability (NOFA) In the July 11, 1994, Federal Register The NOFA Informed Housing Authontres of the avallabrllty of new Vouchers and CertIficates for the SectIon 8 Program In response to an application filed on August 26, 1994, staff has been notified by HUD of the awarding of 38 additional Vouchers and Certificates to the City of Santa Momca ThiS report transmits for adoption a resolution authonzlng the ExecutIVe Director of the HousIng AuthOrity to enter mto an Annual Contributions Contract (ACe) With HUD for the 38 SubSidies BACKGROUND The Santa MOnica Housing Authonty administers two types of federal rental assistance programs the Section 8 Housing Certificate Program and the Section 8 Housing Voucher Program Both programs prOVide rental assistance to eligible households As families relocate, the assistance moves with them rather than being dedicated to the Units Both programs are based on the tenant paYing 30% of theIr adjusted Income as theIr portIon of NOV 2 2 1991t HA.. 2 . rent With the Certificate, eligible tenants pay 30% of their Income toward the rent regardless of the total rent of the unIt The maximum rent for the Unit IS set by the Federal Government and the Housing Authority IS required to do a rent reasonableness test for the area MaXimum annual Increases are established by the Federal Government Certificates are transferable statewide With a Voucher, an elIgIble tenant IS entitled to a rental subsIdy whIch IS the difference between 30% of their Income and the actual rent for the Unit Payment standards are usually adjusted annually to prOVide Increased tenant subsidies to offset rent Increases Vouchers are transferable to any City with an active HOUSing Authority Insunng the greatest mobility for Section 8 applicants The Santa Monica HOUSing Authonty currently has an allocation of 737 Certificates, 225 Vouchers and 152 Emergency Earthquake Certificates This new authorization prOVides for an additional 28 Vouchers and 10 Certificates, which represents an additional 38 families that will be assisted FISCAUBUDGETARY IMPACT HOUSing ASSistance Payments for Certificate and Vouchers are budgeted In account number 12-700-695-7734-00000 AdmInistrative costs associated with operating the . program are budgeted In account number 12-700~95-00000-7725-00000 All program and administrative costs are federally funded Funds for the 38 Certificates and Vouchers are currently budgeted No additional budget changes are required RECOMMENDA liONS It IS recommended that the Housing Authonty authonze It's ExecutIve Director to enter Into Annual Contributions Contrad with HUD for an allocation of 38 Certificates and Vouchers for the Section 8 Program Prepared by Jeff Mathieu, Resource Management Department Director Steven Wagner, Housing Coordinator Troy Betancourt, Acting Housing SpecIalist RESOLUTION NO 65 (HAS) HOUSING AUTHORITY SERIES A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF SANTA MONICA AUTHORIZING THE EXECUTIVE DIRECTOR TO ENTER INTO AN ANNUAL CONTRIBUTIONS CONTRACT (ACC) WITH H U D WHEREAS, the Department of Housing and Urban Development has awarded the City of Santa MOnica 28 Housmg Assistance Vouchers and 10 Housing Assistance Certificates for ItS Section 8 Program, and WHEREAS, the acceptance of the 38 additional SubSidies IS consistent with the Comprehensive Housing Affordablllty Strategy (CHAS), for our area of operation, NOW, THEREFORE, THE HOUSING AUTHORITY OF THE CITY OF SANTA MONICA RESOLVE AS FOLLOWS SECTION 1 The Executive Director IS authorrzed to enter Into an Annual Contrrbutlons Contract with the Department of Housing and Urban Development for 10 Housing Assistance Certificates and 28 HousIng Assistance Vouchers on behalf of the City of Santa Monica Housing Authorrty SECTION 2 The Secretary shall certIfy to the adoption of thiS Resolution, and thenceforth and thereafter the same shall be In full and effect APPROVED AS TO FORM ~~k~ , Marsha Jones Moutrre City Attorney Adopted and approved tills 22nd day of November, 1994 ~i d/? Chair I hereby certify that the foregomg Resolution No 65 (HAS) was duly adopted at a meetmg of the Housmg COmrnJSSlOn held on the 22nd day of November. 1994 by the followmg vote" Ayes ComnusslOners Abdo, Genser. Greenberg, Holbrook, Olsen, Rosenstem. Vazquez Noes COInmlssloners None Abstam" CorllimsslOnerS" None Absent COITUmSSlOners None ATTEST ,- /' / /7 /' /' Y r-, ,- / ?~,,~ ~- (.? , ldU1 !-ft>>(l b - \ -/y,' / - '--" ~ Secretary'