Report to Housing Authority
Tuesday, June 16, 2020
Consent
SUBJECT:
Title
CONSIDER THE CARSON HOUSING AUTHORITY'S ANNUAL REPORT AS REQUIRED BY STATE SENATE BILL 341 (HOUSING AUTHORITY)
Body
I. SUMMARY
The Carson Housing Authority (Authority) Annual Report (Report) provides information regarding the Authority's activities with respect to its Low and Moderate Income Housing Assets Funds for Fiscal Year 2018-2019. The Report includes information on housing fund expenditures, real property held by the Authority and expenditure targeting by income level. The Report has been prepared pursuant to California Health and Safety Code Section 34176.1(f), also referred to as Senate Bill 341 (SB 341).
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. RECEIVE and FILE.
Body
III. ALTERNATIVES
TAKE another action the Authority Board deems appropriate.
IV. BACKGROUND
The City of Carson formed the Carson Housing Authority as a separate and legal entity by adoption of Resolution No. 11-035 on March 8, 2011 in order to provide safe, sanitary and affordable housing opportunities for its residents. To finance the operations of the Authority, the Carson Redevelopment Agency adopted Resolution No. 11-017 to transfer all of its housing set-aside funds to the Authority. Since then, the Authority has been the responsible entity for housing monitoring, administration, and certain housing production requirements.
Upon the dissolution of redevelopment agencies throughout California on February 1, 2012, the Authority became the entity to oversee City's housing programs that were part of the former RDA. Unlike successor agencies that are charged with winding down the affairs of the former redevelopment agencies, the Authority is charged with monitoring and maintaining existing low- and moderate-income housing assets and meeting outstanding requirements for former redevelopment agencies. The dissolution ceased the set-aside of 20 percent of tax increment reve...
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