File #: 202838   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 5/23/2023
Title: Contribution Agreement with the Housing Trust SIlicon Valley
Attachments: 1. Council Report

Title

Contribution Agreement with the Housing Trust SIlicon Valley

Recommended Action

Authorize the City Manager or designee to execute an agreement with Housing Trust Silicon Valley to provide the annual City contribution of $150,000 in Fiscal Years 2023-24, 2024-25, and 2025-26 for a total contribution of $450,000 over three years, subject to City Council appropriation of funds, to fund housing programs.