Los Angeles

City Council

September 03, 2024 Item #9

Agenda Item 9

(9) 17­0090­S23 HOUSING AND HOMELESSNESS COMMITTEE REPORT relative to the amendment to the Proposition HHH (Prop HHH) Fiscal Year (2020­2021 Project Expenditure Plan (PEP) for Homekey Round 2 projects, to specify a Prop HHH funding reduction to the commitment for two Homekey Round 2 projects. Recommendation for Council action, SUBJECT TO APPROVAL OF THE MAYOR: 1. APPROVE the Fiscal Year 2020­21 PEP to be amended and reduced as follows: a. 7639 Van Nuys, in Council District Six ­ $285,667 b. 1654 West Florence, in Council District Eight ­ $635,437 Fiscal Impact Statement: None submitted by the Prop HHH Administrative Oversight Committee. Neither the City Administrative Officer nor Chief Legislative Analyst has completed a financial analysis of this report.