Approve $4 million Richmond Housing Authority budget with $1.1 million city subsidy

Housing & HomelessnessBudgetAppropriation

$1,141,828

Resolution Housing Authority Resolution No. 2143 and City Council Resolution No. 74-21

In Plain English

The housing authority expects $4 million in revenue but needs $5.1 million to operate public housing programs. The city must provide $1.1 million from its general fund to cover the shortfall. This subsidy helps maintain affordable housing for low-income Richmond residents.

Auto-generated summary. Source: official agenda documents.

Public Comments

2 people commented (2 spoke at the meeting).