City Council

(8)\n26-0025\nHOUSING AND HOMELESSNESS COMMITTEE REPORT relative to\nrequesting reports on City investments made in affordable and\npermanent supportive housing (PSH); expenditures to support\naffordable and PSH and outcomes; and recommendations on\nunallocated funds.\nRecommendations for Council action, pursuant to Motion (Raman -\nJurado):\n1. INSTRUCT the Los Angeles Housing Department (LAHD) with\nthe assistance of the City Administrative Officer (CAO); and,\nREQUEST the Housing Authority of the City of Los Angeles\n(HACLA) to report within 60 days on the City's investments\nmade in affordable and PSH with a status of funded projects\nand a status of its older portfolio with the resources needed to\npreserve these units.\n2. INSTRUCT the LAHD with the assistance of the CAO; and,\nREQUEST HACLA to report within 60 days and thereafter\nquarterly on funds expended to support affordable and PSH and\noutcomes, and recommendations for unallocated funds to\nensure that the City is making the necessary investments in the\nmost effective manner.\nFiscal Impact Statement: Neither the CAO nor the Chief Legislative\nAnalyst has completed a financial analysis of this report.