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HomeMy WebLinkAbout2023-06-13; Community Development Commission; Resolution 564RESOLUTION NO. 564 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING ADJUSTMENTS TO THE FY 2022-23 OPERATING BUDGET OF THE CARLSBAD HOUSING AUTHORITY WHEREAS, the Carlsbad Housing Agency receives federal funding to provide rental assistance, known as the Housing Choice Voucher program, to lower income households; and WHEREAS, the Carlsbad Housing Agency's Housing Choice Voucher program received additional Federal funding to serve additional households during FY 2022-23; and WHEREAS, a budget appropriation for the Housing Choice Voucher Program of up to $500,000 is needed in the Housing Choice Voucher Section 8 Program Special Revenue Fund based on additional Federal budget authority for program costs incurred during FY 2022-23 due to the expansion of the program. NOW, THEREFORE, BE IT RESOLVED by the Community Development Commission of the City of Carlsbad, California, as follows: 1.That the above recitations are true and correct. 2.That the Commission authorizes an appropriation of up to $500,000 to the Housing Choice Voucher Special Revenue Fund for increased program costs incurred during FY 2022-23. PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Community Development Commission, the City Council of the City of Carlsbad, the Board of Directors of the Carlsbad Municipal Water District, the Board of Directors of the Carlsbad Public Financing Authority, and the City Council as Successor Agency to the Carlsbad Redevelopment Agency held on the 13th day of June, 2023, by the following vote, to wit: AYES: NAYS: ABSTAIN: ABSENT: Blackburn, Bhat-Patel, Acosta, Burkholder, Luna. None. None. None. SCO CHADWICK, Secretary (SEAL)