File #: ID#23-538    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 8/24/2023 In control: City Council
On agenda: 9/12/2023 Final action:
Title: Establishment of an Affordable Housing Enterprise Fund
Attachments: 1. Staff Report - Affordable Housing Enterprise Fund, 2. Resolution -Enterprise Fund

Title

Establishment of an Affordable Housing Enterprise Fund

Recommended Action

Approve a Resolution authorizing the establishment of an Affordable Housing Enterprise Fund with corresponding revenue and expense accounts; and the allocation of all rental income received from City-owned properties purchased for use as affordable housing to the Affordable Housing Enterprise Fund.