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Committee to forward $1.5 million CalHome award to Board to assist low-income homebuyers
Budget and Finance Committee · October 10, 2012
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Summary
The Mayor’s Office of Housing requested acceptance and expenditure of $1.5 million in CalHome funds to provide down-payment assistance and owner-occupied rehabilitation; no budget analyst report was presented and the committee forwarded the item with recommendation.
Theresa Yonge of the Mayor’s Office of Housing told the Budget and Finance Committee that the resolution before the panel would accept and expend $1,500,000 in CalHome state financing from the California Department of Housing and…
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