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Glendale Housing Authority adopts $60.2 million FY 2025–26 budget; approves contract amendments for legal and servicing firms
Summary
The Glendale Housing Authority and City Council approved the housing authority's $60,191,386 fiscal year 2025–26 budget and two contract amendments, including a $300,000 increase to outside legal counsel and a two‑year extension to a servicing agreement.
The Glendale Housing Authority and Glendale City Council on June 24 adopted the housing authority's fiscal year 2025–26 budget and approved two contract amendments to support ongoing affordable‑housing projects.
Staff presented a $60,191,386 budget that largely relies on federal grants, program income, redevelopment set‑aside funds, development‑related affordable‑housing fees (including density bonus and inclusionary in‑lieu fees), a commercial development impact fee and one‑time state grants. Peter Zowak, assistant director of community development, described the budget as a “fiscally responsible budget meeting council's goal of providing quality housing to the Glendale community.”
The council and housing authority voted to adopt required findings allowing the use of low‑ and moderate‑income housing asset funds outside redevelopment project areas and to adopt the housing authority budget.
Two contract amendments were approved by the housing authority: an amendment to the professional services agreement with Kane, Balmer & Berkman (contract C106203) to increase…
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