City Council

(12) 20­0941 CDs 1­3, HOUSING AND HOMELESSNESS COMMITTEE REPORT and 6, 8, 10, AUTHORIZING RESOLUTION relative to a request for authority to apply for 12­15 additional funds from the State of California Department of Housing and Community Development for a Homekey1 Community Development Block Grant Program (CDBG­CV) Grantee. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. AUTHORIZE the City Administrative Officer (CAO), in partnership with the Housing Authority of City of Los Angeles, to apply to the State of California Department of Housing and Community Development for additional funds up to $6,599,093 to fill documented unanticipated cost increases for the Homekey1 site Canoga Park Place (Super 8) that received a $2.5 million CDBG­ CV award in June 2021. 2. ADOPT the accompanying AUTHORIZING RESOLUTION, attached Friday - June to the CAO 21,dated report 2024 May - 29, 2024, attachedPAGE 14 file No. to Council 20­0941, as required by the State of California Department of 1. AUTHORIZE the City Administrative Officer (CAO), in partnership with the Housing Authority of City of Los Angeles, to apply to the State of California Department of Housing and Community Development for additional funds up to $6,599,093 to fill documented unanticipated cost increases for the Homekey1 site Canoga Park Place (Super 8) that received a $2.5 million CDBG­ CV award in June 2021. 2. ADOPT the accompanying AUTHORIZING RESOLUTION, attached to the CAO report dated May 29, 2024, attached to Council file No. 20­0941, as required by the State of California Department of Housing and Community Development for the funding application. 3. AUTHORIZE the CAO, or designee, to execute the amendments to the Standard Agreements for awarded funding, and any and all subsequent amendments with the State of California. 4. AUTHORIZE the CAO, or designee, to amend its Sub­Recipient Agreement with Topanga Canyon Housing Partners, LP regarding Super 8. 5. AUTHORIZE the CAO to prepare Controller instructions or make necessary technical corrections, to implement the intent of these transactions; and, REQUEST the Controller to implement these instructions. Fiscal Impact Statement: The CAO reports that there is no impact to the General Fund as a result of the recommendations in the report. Financial Policies Statement: T h e C A O r e p o r t s t h a t t h e a b o v e recommendations comply with the City’s Financial Policies.