Report Prepared by: Leah Brown, Management Analyst, Development Services
Title
SUBJECT: Housing Successor Agency Annual Report for Fiscal Year 2021-22
REPORT IN BRIEF
Annual Report summarizing Housing Successor activity for the City of Merced ("City") in Fiscal Year ("FY") 2021-22 per Senate Bill ("SB") 341 (DeSaulnier 2013-14), which requires the City to prepare an annual report on the City's compliance with housing successor requirements imposed by Health and Safety Code ("HSC") Section 34176.1(f).
RECOMMENDATION
City Council - Receive and file the Housing Successor Agency Annual Report for Fiscal Year 2021-22.
Body
ALTERNATIVES
1. Approve as recommended by staff; or
2. Approve, subject to modifications as specified by the City Council; or,
3. Deny the report; or
4. Refer back to staff for reconsideration of specific items as requested by the City Council; or,
5. Defer action until a specified date.
AUTHORITY
Charter of the City of Merced, Section 200.
CITY COUNCIL PRIORITIES
The Annual Report is required by the State of California Health and Safety Code Section 34176.1(f). The City of Merced chose to be the Housing Successor Agency to the former Merced Redevelopment Agency following its dissolution in 2012.
DISCUSSION
Background
The City of Merced is the Housing Successor Agency ("Housing Successor") to the former Merced Redevelopment Agency ("Agency"). State law requires the City prepare an annual report on how it is meeting housing successor requirements imposed by Health and Safety Code Section 34176.1. The Fiscal Year ("FY") 2021-22 Housing Successor Agency Annual Report ("Annual Report") is being presented to City Council to receive and file. The report is due to the California Department of Housing and Community Development ("HCD") by April 1st each year and must be posted on the City's website.
The City is meeting all requirements imposed by State law. The City's progress on major requirements is summarized below.
Housing Asset...
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