RESOLUTION No. ___________
RESOLUTION OF THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA
MAKING FINDINGS WITH RESPECT TO ADMINISTRATIVE EXPENSES
AND EXPENDITURES OUTSIDE THE REDEVELOPMENT PROJECT AREAS FOR THE 2025-26 HOUSING AUTHORITY BUDGET
WHEREAS, the Housing Authority of the City of Glendale (“Housing Authority”) administers the Low Moderate Income Housing Asset Fund (LMIHAF) pursuant to Health and Safety Code Section 33334.3 for the purpose of increasing, improving and preserving the City’s affordable housing stock; and
WHEREAS, the Housing Authority must incur certain administrative expenses in connection with its programs to increase, improve and preserve the supply of affordable housing within the City; and
WHEREAS, the Housing Authority finds that the expenditure of LMIHAF outside the Central Glendale and the San Fernando Road Corridor Redevelopment Project areas (the “Project Areas”) will be of benefit to the Project Areas as the completion of project implementation within the Project Areas and will continue to generate jobs within the Project Areas, thereby creating the need for programs throughout the City to increase the supply of affordable housing and improve and preserve the City’s existing affordable housing stock; and
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA AS FOLLOWS:
SECTION 1.The Council finds and determines that the planning and administrative expenses provided for in the Housing Authority’s Fiscal Year 2025-26 Budget to be made from the LMIHAF are necessary for the production, improvement and preservation of low- and moderate- income housing and directly relate to the projects and programs funded by the LMIHAF.
SECTION 2.The Council finds that the expenditure of LMIHAF outside the Redevelopment Project areas (Central and San Fernando) will be of benefit to the Redevelopment Project areas as the implementation of the Redevelopment Projects has and will continue to generate jobs in the Redevelopment Projects, thereby creating the need for programs throughout the City to increase the supply of affordable housing and improve and preserve the City’s existing affordable housing stock.
Adopted this _____ day of June, 2025.
______________________________
Mayor
ATTEST:
__________________________________
City Clerk
STATE OF CALIFORNIA )
) SS
COUNTY OF LOS ANGELES )
I, Suzie Abajian, Ph.D., City Clerk of the City of Glendale, certify that the foregoing Resolution No. was adopted by the Council of the City of Glendale, California, at a regular meeting held on the day of , 2025, by the following vote:
Ayes:
Noes:
Absent:
Abstain:
___________________
City Clerk