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SUPPLEMENTAL MATERIAL - Item 12 2024-00733 2023 Housing Element Annual Progress Report and 2021-2029 Housing Element Mid-term Evaluation of Implementation Programs

Sacramento City Council
March 26, 2024

Document
SUPPLEMENTAL MATERIAL - Item 12 2024-00733 2023 Housing Element Annual Progress Report and 2021-2029 Housing Element Mid-term Evaluation of Implementation Programs
Meeting
March 26, 2024
Body
Sacramento City Council
Original file
210 KB
Text extracted from the city's file for reading and search. Open the original on sacramento.granicus.com. That file is the official record.

City of Sacramento Page 1

CITY COUNCIL
Darrell Steinberg, Mayor, District 2
Lisa Kaplan, District 1
Karina Talamantes, Mayor Pro Tem, District 3
Katie Valenzuela, District 4
Caity Maple, Vice Mayor, District 5
Eric Guerra, District 6
Rick Jennings, II, District 7
Mai Vang, District 8

CHARTER OFFICERS
Mindy Cuppy, City Clerk
Susana Alcala Wood, City Attorney
Farishta Ahrary, Interim City Auditor
Howard Chan, City Manager
John Colville, City Treasurer

City Council
Financing Authority
Housing Authority
Public Financing Authority
Redevelopment Agency Successor Agency
City Hall Complex
915 I Street Sacramento, CA 95814
Published by the Office of the City Clerk
(916) 808-7200

SUPPLEMENTAL MATERIAL

Description: Attached is supplemental material received after publishing the agenda which includes an updated Table 1 for Discussion Item #12. The original table had incorrect income limits posted. The attached replaces Table 1 of the staff report.

For the Meeting of: Tuesday, March 26, 2024, at 5:00 p.m.

Agenda Item: Discussion Item 12

12. 2023 Housing Element Annual Progress Report and 2021-2029 Housing Element Mid-term Evaluation of Implementation Programs

File ID: 2024-00733

Location: Citywide

Recommendation: Review and comment on the 2023 Housing Element Annual Progress Report and the Mid-term Evaluation of Implementation Programs.

Contact: Greta Soos, AICP, Associate Planner, (916) 808-2027, [email protected]; Matt Hertel, AICP, Long Range Planning Manager, (916) 808-7158, [email protected], City of Sacramento, Community Development Department

City of Sacramento Page 2

Table 1. 2023 Affordability Range Definitions for Unit Income Categorization 2023 HCD Income
Limits
Household
of 2 Annual
Income
Limits (Max)
Monthly Rent Range
(Min to Max)
Household of 2
Household
of 3 Annual
Income
Limits (Max)
Sales Price Range
(Min to Max)
Household of 3
Very Low (0-50%
AMI) $42,900 $0 $1,073 $48,250 $0 $111,228
Low (50-80% AMI) $68,600 $1,073 $1,715 $77,200 $111,228 $265,293 Moderate (80-
120% AMI) $109,350 $1,715 $2,734 $123,050 $265,293 $511,797 Above Moderate
(Over 120% AMI)
Above
$109,350 $2,734 and up Above
$123,050 $511,797 and up

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