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File #: AO 24-51    Version: 1
Type: Administrative Order Status: Archived
In control: City Council
Final action: 7/17/2024
Title: Amending CDBG Project Budgets: $45,000 of funding for 655 Payne (La Palma) and $270,090 of funding for American House rehabilitation to be funded with the Business Investment Fund, Citywide 30% AMI Housing Program, and the Housing Real Estate Multi-Unit Development Fund.
Attachments: 1. AO 24-51 Financial Analysis CDBG (La Palma and American House)

Title

Amending CDBG Project Budgets: $45,000 of funding for 655 Payne (La Palma) and $270,090 of funding for American House rehabilitation to be funded with the Business Investment Fund, Citywide 30% AMI Housing Program, and the Housing Real Estate Multi-Unit Development Fund.

Body

ADMINISTRATIVE ORDER, Consistent with the authority granted to the Mayor in Section 10.07.4 of the City Charter and on the request of the Director of the Planning and Economic Development Department to amend the CDBG Project Budgets, the Director of the Office of Financial Services is authorized to amend said budget in the following manner:

Please see the attached financial analysis.

 

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