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The committee recommended creating a Housing Assistance Stabilization Fund, though no money would be appropriated immediately. It also recommended approval of $1.11 million for Union Square Plaza and Streetscape Phase 1, $3,000 for emergency senior transportation, and $23,109.33 in prior-year invoices.
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The proposed housing fund would help maintain rental assistance payments across fiscal years and allow the city to seek additional revenue sources. The committee also advanced transportation support for seniors and funding for Union Square improvements. A proposed $3,946,742.98 Community Benefits Stabilization Fund received no recommendation while staff review a revised spreadsheet, and the draft Combined Sewer Overflow Plan remained in committee.
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