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2025.09.02 RBHA Presentation

Redondo Beach City Council
September 2, 2025

Document
2025.09.02 RBHA Presentation
Meeting
September 2, 2025
Body
Redondo Beach City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on redondo.legistar1.com. That file is the official record.

REDONDO BEACH

HOUSING AUTHORITY
Quarterly Update
Community Services Department/Housing Division
September 2, 2025

PROGRAM OVERVIEW
454 households assisted
335 elderly/disabled
households
20 PBVs – Moonstone
Apartments
2 SPENDING AND VOUCHERS
Quarter Spending (est.): $2.18M
July $728K | Aug $726K | Sept $728K
Special Programs:
• 33 Veterans (VASH)
• 19 Emergency Housing (EHV)
3 WAITING LIST
4 Families with Children 495
Elderly Families 264
Families with Disabilities 444
Extremely Low Income 697
Very Low Income 227
Over Income Limit 47
Live or Work in Redondo Beach 2
Honorably Discharged
Veterans 0
Families, Elderly or Disabled 941
Ineligible for Preferences 20
No Eligible preferences 8
Total Applicants: 971
Families w/ Children: 495
Elderly: 264
Disabled: 444
Extremely Low Income: 697
List Closed (since 2015)

FUNDING UPDATES
August 7, 2025 – HUD Portfolio Management Specialist
projected funding shortfall
Shortfall amount is modest compared to the overall
program budget
5 CY2025 CY2026
Total Annual Budget Authority $8,842,587 $9,327,173
Estimated Funding Needs $9,029,675 $9,411,981
Projected End-of-Year Shortfall ($187,088) ($84,808)

NEXT STEPS
Several corrective actions available to RBHA:

1. Administrative Plan Updates
a)Right-sizing voucher unit sizes
b)Establishing a minimum rent of $50
c) Billing all incoming portability vouchers

2. Implementation of HUD Shortfall Guidelines
a)Adjusting payment standards
b)Denying move to higher-cost units
c) Delay rent increases

3. Contingency Planning
a) Identify unrestricted funds to offset shortfall
b) Outline procedures for potential terminations, if necessary

4. Independent Financial Review
6 RECOMMENDATION
Receive and file the quarterly status report on the
Section 8 Program
7

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