ATTACHMENT 1
RESOLUTION NO. 26-50
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NORWALK AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2026/27
ADOPTED BUDGET ALLOCATING $174,700 OF THE LOW AND
MODERATE INCOME HOUSING ASSET FUND FOR HOMELESS
PREVENTION AND RAPID REHOUSING SERVICES
WHEREAS, the City Council adopted Resolution No. 12-08 electing to become the Housing Successor to the former Redevelopment Agency and to retain the housing assets and housing functions previously performed by the former Redevelopment Agency;
WHEREAS, the Housing Bond proceeds of the Successor Agency of the Former Redevelopment Agency were transferred to the Housing Successor’s Low and Moderate Income Housing Asset Fund on January 2, 2015;
WHEREAS, the Health and Safety Code Section 34176.1 permits the housing successor to expend up to two hundred fifty thousand dollars ($250,000) per fiscal year for homeless prevention and rapid rehousing services for individual and families who are homeless or would be homeless but for this assistance; and WHEREAS, the City Council allocates additional $174,700 for homeless prevention and rapid rehousing services for Fiscal Year 2026/2027 to Kingdom Causes Bellflower; and
WHEREAS, it is necessary for the City Council to revise the budget to reflect the new allocation from the available housing bond proceeds; and
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NORWALK HEREBY DETERMINES, FINDS, AND RESOLVES AS FOLLOWS:
Section 1.The City Manager is authorized to make the following appropriation and prepare the necessary budget amendment for the following accounts:
Account Number Debit Credit
Housing Successor Fund: 261-0480 $174,700
Expenditure : 261-63-6303-2080 $174,700
Section 2. The Mayor, or presiding officer, is hereby authorized to affix her signature to this Resolution signifying its adoption by the City Council of the City of Norwalk and the City Clerk, or her duly appointed deputy, is directed to attest thereto.
Resolution No. 26-50 Page 2 of 2
APPROVED AND ADOPTED on this 18th day of August 2026.
JENNIFER PEREZ
MAYOR
ATTEST:
THERESA DEVOY, CMC
CITY CLERK