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SR-407-006 (17) e e L/t' r~o 0 b HA - I HDV 1 3 1984 C/ED:HD:CR:wp HousIng AuthorIty MeetIng 11/13/84 Santa MonIca, California TO: Hous~ng AuthorIty FROM: CIty Staff SUBJECT: RecommendatIon to Adopt a ResolutIon AuthorIZing Execution of Sect10n 8 ASs1stance Payments Programs Annual ContrIbutIons Contract INTRODUCTION ThIS report transmIts for adoptIon a ResolutIon authorIZIng the executIon of an amendment to the eXIstIng HOUSIng AuthorIty An- nual ContrIbutIons Contract WIth the U.S. Department of HOUSIng and Urban Development (HUD). ThIS amendment Includes a new a1- locatIon of twenty-fIve (25) SectIon 8 EXIstIng CertIfIcates, and thIrty (30) SectIon 8 certifIcates and vouchers In support of the new HUD Rental RehabilItatIon Program. BACKGROUND On July 24, 1984 the CIty submItted an applIcatIon to HUD for an addItIonal 150 certifIcates for the SectIon 8 EXIstIng Program. On September 27, 1984 the CIty receIved notIfIcatIon that a new allocatIon of twenty-fIve (25) Section 8 EXIstIng certIfIcates had been granted. In order to receive these addItIonal certlfi- cates the HOUSIng AuthorIty must amend Its current Annual Con- trlbutlons Contract. /-111 -I NOV 1 3 19M - 1 - e e In addItion, In July of 1984 the CIty submItted an applIcatIon to HUD for a grant under the new Rental RehabIlItatIon Loan Program. ThIS applIcatIon was accepted and the Department of HUD granted the City $151,500 for rehabIlItatIon loans. The RehabIlItatIon Loan Program was approved by CouncIl on October 9, 1984. In ad- dItIon, HUD allocated one SectIon 8 certIfIcate or voucher for each $5,000 of rental rehabIlltatlon funds. Therefore, the City receIved nIneteen (19) SectIon 8 certIfIcates, and eleven (11) SectIon 8 vouchers WhICh may be used In conJunctIon wIth the rehabIlItation loan program, and may also be used for those households currently on the Section 8 EXIstIng waitIng lIst untIl they are needed for a rehabIlItatIon proJect. AgaIn, In order to utIlIze these certIfIcates or vouchers the HousIng AuthorIty must amend the current Annual ContrlbutIons Contract. The last amendment to the Annual ContrIbutlons Contract was In November of 1981 when the City receIved forty-four (44) unIts. The current breakdown of SectIon 8 allocations by household type and number of bedrooms is as follows: Elderly FamIly Total SIngle 45 0 45 1 Bedroom 228 0 228 2 Bedroom 25 171 196 3 Bedroom @ 16 16 4 Bedroom 0 4 4 Total 298 191 489 - 2 - e e The new allocatIon of twenty-fIve (25) SectIon 8 EXIsting Cer- tIfIcates is broken down as follows: SECTION 8 EXISTING Elderly F am 11 y Total 1 Bedroom 2 Bedroom 10' @ l@ 5 20' 5 10 15 25 SECTION 8 EXISTING IN SUPPORT OF RENTAL REHAB Elderly Fami ly Total 2 Bedroom 0' 3@ 30 The amendment wIll increase the number of unIts WhIch can be as- sIsted In the program from 489 to 544. In support of these Increased allocatIons on October 18th the HousIng CommIssion formally recommended that the Housing AuthorI- ty adopt the resolutIon to execute the amended Annual Contribu- tIons Contract. The marketIng, applIcatIon processIng and propertyowner payments WIll be handled by the HOUSIng AuthorIty of the County of Los Angeles as part of the eXIsting CooperatIon Agreement. FINANCIAL BUDGETARY IMPACT There IS no fInancial or budgetary Impact as a result of thIS action. - 3 - e e RECOMMENDATION It IS recommended that the HousIng AuthorIty adopt the attached ResolutIon AuthorIzIng Execution of the Annual ContrIbutIons Con- tract and extendIng the current General DeposItory Agreement. Prepared By: Candy Rupp, HousIng Analyst Ann SewIll, ActIng HousIng Program Manager Attachment: ResolutIon AuthorIZIng ExecutIon of the Annual ContrIbutIons Contract - 4 -