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The committee received updates on CARE/CARE+, received and filed a mayoral withdrawal, approved extending financial commitments and support letters for Affordable Housing Managed Pipeline (AHMP) projects, received and filed a LAHSA report on Time Limited Subsidies and approved an amendment, and approved acceptance of a Prohousing Incentive State Grant to replenish the City’s Micro Operational Reserve. One committee member was absent.
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The committee reviewed program updates and approved steps to support affordable housing projects and shelter operations. Officials authorized continued financial commitments and support letters so AHMP projects can pursue 2025 tax credits, and approved taking a state Prohousing grant to replenish a small reserve used to keep homeless services running. The committee also reviewed Time Limited Subsidies (short-term assistance to help people exit homelessness) and approved an amendment to that item. Public comment was in-person only and one member of the committee did not attend.
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