Title
Application for State Funding - Local Housing Trust Funds
Recommended Action
1. Adopt a Resolution of the City Council of the City of Mountain View Authorizing Application to the Local Housing Trust Fund Program and Certifying to the California Department of Housing and Community Development Compliance with the Local Housing Trust Fund Program Requirements, to be read in title only, further reading waived (Attachment 1 to the Council report).
2. Approve a transfer of $5 million from the Housing Impact Fees Fund to the City’s existing Local Housing Trust Fund to serve as the matching funds for the Local Housing Trust Fund grant. (Five votes required)