Asked the City Manager to increase the Affordable Housing Trust budget in FY24 by 7.1% to equal the increase of the overall city budget, increase the Affordable Housing Trust budget by $20 million through a free cash appropriation, outside of the FY24 budget, and engage in creating a 3-year plan to increase the Affordable Housing Trust budget to 10% of the overall City budget. POLICY ORDER FROM FINANCE COMMITTEE REPORT MAY 16, 2023 AND MAY 18, 2023

How it started

Jun 5, 2023 · Proposed by Councillor E. Denise Simmons: a formal request from the Council to the administration.

What happened

Jun 5, 2023 · Amendment carried Moved by Councillor Patty Nolan; carried 7–2.

by substitution with two new orders, each requiring a separate vote, as follows. 1.ORDERED: That the City Manager be and hereby is requested to increase the Affordable Housing Trust budget in FY 24 by 7.1% to equal the increase of the overall City Budget. 2.ORDERED:That the City Manager be and hereby is requested to increase the Affordable Housing Trust budget by $20 million through a free cash appropriation outside of the FY24 budget, and engage in creating a 3-year plan to increase the Affordable Housing Trust budget to 10% of the overall City budget

The clerk's words, from the minutes of Jun 5, 2023, p. 6.

Jun 5, 2023 · ↪ Referred onward for further work (Referred)

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