HOME Funds Reallocation

At a glance

  • What: Moving $2,555,041 of HOME Investment Partnerships funds from First-Time Homebuyer programs to Rental Housing by Developers programs across five past Annual Action Plans (2019-2020 through 2023-2024).
  • Where it stands: Approved 8-0 on September 15, 2026 after being moved from the consent to the regular agenda.
  • Next: Community and Human Development Director to make the changes in the federal housing department's system.

Item 7

  • Amounts moved out of First-Time Homebuyer and into Rental Housing by Developers: 2019-2020 $650,000; 2020-2021 $445,041; 2021-2022 $480,000; 2022-2023 $480,000; 2023-2024 $500,000.
  • A 30-day public comment period on the amendments began with notice posted August 31, 2026.
  • Community and Human Development Director Rodriguez presented. Maldonado-Rocha, Boyar Trejo, Niño, Limón and Canales commented, as did citizen Osmond.
  • Motion by Maldonado-Rocha, seconded by Canales, carried 8-0.

Sources

Log

2026-09-15 - City Council

Item 7 moved to the regular agenda and approved 8-0.