JOINT CITY COUNCIL/CULVER CITY HOUSING AUTHORITY AGENDA ITEM: (1) Discussion of the Projected Funding Shortfall for Housing Programs Provided by the City and (2) Provide Direction to the City Manager/Executive Director as Deemed Appropriate. City of Culver City California Agenda Item Report Item Number: J 1 Phone Number: 310 253 5700 Meeting Date: 02/23/2015 JOINT CITY COUNCIL/CULVER CITY HOUSING AUTHORITY AGENDA ITEM: (1) Discussion of the Projected Funding Shortfall for Housing Programs Provided by the City and (2) Provide Direction to the City Manager/Executive Director as Deemed Appropriate. Contact Person/Department Tevis Barnes Sol Blumenfeld Fiscal Impact: Yes X No Public Hearing: Commission Action Required: Yes No X Date: _______________ Public Notification: Department Approval: Sol Blumenfeld (03/19/15) Chief Financial Officer Approval: Jeff Muir(03/19/15) City/Authority Special Counsel Approval: Deborah Rhodes (03/19/15) City Manager/Executive Director Approval: John M. Nachbar (03/19/15) Action Item: X General Fund: Yes X No Attachments: X RECOMMENDATION: Staff recommends the City Council and Culver City Housing Authority Board (Housing Authority Board) consider additional information regarding the projected shortfall for housing programs provided by the City and direct the City Manager/Executive Director as deemed appropriate. BACKGROUND: At the Regular Meetings of September 22 2014 the City Council and Housing Authority Board discussed the projected funding shortfall for housing programs provided by the City and Housing Authority (in this report unless the context provides for a different interpretation the two will be referred to collectively as City ). After considering a report from staff and receiving public comment the City Council/Housing Authority Board provided general direction to the City Manager/Executive Director to review this issue in more detail and to return to the City Council/Housing Authority Board with other options and additional in...
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