City Council

6. REAFFIRM THE CITY MANAGER AND/OR HOUSING\nAUTHORITY EXECUTIVE DIRECTOR’S AUTHORITY\nTO EXECUTE AFFORDABLE HOUSING DOCUMENTS\nThe Tustin Housing Authority is seeking to reaffirm the\nauthority of the City Manager and/or Housing Authority\nExecutive Director to execute affordable housing\ndocuments required for the refinancing or the sale of\nnew or existing affordable housing units.\nRecommendation: It is recommended the Tustin Housing\nAuthority Commissioners take the following action: 1.\nAdopt Tustin Housing Authority Resolution No. 25-01\nauthorizing the Executive Director of the Tustin Housing\nAuthority and/or City Manager, or their designee, to\nexecute affordable housing documents required for the\nrefinancing or the sale of affordable housing units. It is\nrecommended the Tustin City Council take the following\naction: 1. Adopt City Council Resolution 25-01\nauthorizing the City Manager and/or the Executive\nDirector of the Tustin Housing Authority, or their\ndesignee, to execute affordable housing documents\nrequired for the refinancing or the sale of affordable\nhousing units. RESOLUTION NO. 25-01 A\nRESOLUTION OF THE CITY COUNCIL OF THE CITY\nOF TUSTIN, CALIFORNIA, AUTHORIZING THE CITY\nMANAGER AND/OR THE TUSTIN HOUSING\nAUTHORITY EXECUTIVE DIRECTOR, OR THEIR\nDESIGNEE, TO EXECUTE ALL AFFORDABLE\nHOUSING AGREEMENTS REQUIRED FOR THE\nREFINANCING OR THE SALE OF AFFORDABLE\nHOUSING UNITS TUSTIN HOUSING AUTHORITY\nRESOLUTION NO. 25-01 A RESOLUTION OF THE\nTUSTIN HOUSING AUTHORITY OF THE CITY OF\nTUSTIN, CALIFORNIA, AUTHORIZING THE TUSTIN\nHOUSING AUTHORITY EXECUTIVE DIRECTOR\nAND/OR CITY MANAGER, OR THEIR DESIGNEE, TO\nEXECUTE ALL AFFORDABLE HOUSING\nAGREEMENTS REQUIRED FOR THE REFINANCING\nOR THE SALE OF AFFORDABLE HOUSING UNITS\nFiscal Impact: There is no fiscal impact associated with\nthis item.