...Title
Application for State Funding-Permanent Local Housing Allocation
...Recommendation
1. Adopt a Resolution of the City Council of the City of Mountain View Authorizing Application to the Permanent Local Housing Allocation Program, Approving a Five-Year Plan for the Permanent Local Housing Allocation Program Formula Allocation of an Estimated $1,539,306, and Certifying to the California Department of Housing and Community Development Compliance with the Permanent Local Housing Allocation Program Requirements, to be read in title only, further reading waived (Attachment 1 to the Council report).
2. Authorize establishment of a new Housing special revenue subfund for the Permanent Local Housing Allocation Program, and authorize the Finance and Administrative Services Director to establish appropriations based on the actual amount of funding received each year. (Five votes required)