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