HomeMy WebLinkAboutReso 2024-102
RESOLUTION NO. 2024-102
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AMENDING THE FISCAL YEAR 2023/24
DEPARTMENT OF HOUSING AND HOMELESS SERVICES
BUDGET TO FUND A LOCAL MATCH TO THE LOCAL
HOUSING TRUST FUND
WHEREAS, on May 23, 2023, the City Council adopted the Housing and Homeless
Services Department budget for Fiscal Year 2023/24; and
WHEREAS, pursuant to Section 1005 of the City Charter, the City Council may amend or
supplement the budget by a motion adopted by the affirmative votes of at least four members; and
WHEREAS, the California Department of Housing and Community Development (the
“Department”) issues an annual Notice of Funding Availability for its Local Housing Trust Fund
(“LHTF”) program for use in the production of affordable housing; and
WHEREAS, the City of Chula Vista desires to apply for LHTF funds in order to increase
and improve the supply of affordable housing in Chula Vista; and
WHEREAS, in order to qualify for the LHTF funds, applicants must have a local housing
trust fund that provides a local dollar-for-dollar match of the funds applied for from the
Department; and
WHEREAS, the Finance Department of the City of Chula Vista is setting up a Project,
named the Local Housing Trust Fund, within Fund 313 to receive LHTF funds and hold local
matching funds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista,
that it amends the Fiscal Year 2023/24 Department of Housing and Homeless Services budget to
allocate the transfer of $500,000 from the Housing Inclusionary account (Fund 313) into the Local
Housing Trust Fund Project.
[SIGNATURES ON THE FOLLOWING PAGE]
DocuSign Envelope ID: B0B37183-0825-4F21-9499-C79C56ECE1E1
Resolution No. 2024-102
Page No. 2
Presented by Approved as to form by
Stacey Kurz Marco A. Verdugo
Director of Housing and Homeless Services City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 21st day of May 2024 by the following vote:
AYES: Councilmembers: Chavez, Gonzalez, Morineau, Preciado, and McCann
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
John McCann, Mayor
ATTEST:
Kerry K. Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2024-102 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 21st day of May 2024.
Executed this 21st day of May 2024.
Kerry K. Bigelow, MMC, City Clerk
DocuSign Envelope ID: B0B37183-0825-4F21-9499-C79C56ECE1E1