Title
Allocation of Additional Funding for Rent Relief Program
Recommended Action
That the City Council consider the following actions:
1. Appropriate $1.0 million from the Successor Agency Fund for the Palo Alto Housing project at 950 West El Camino Real. (Five votes required)
2. Reallocate $1.0 million in the Below-Market-Rate Housing Fund, originally budgeted for the Palo Alto Housing project at 950 West El Camino Real, to the COVID-19 Rent Relief Program.