1. 1 Housing FY 2014 Sources - $24.631 million Section 8 Rental Assistance Fund$12.767 million Workforce Investment Act Fund$ 4.672 million Community Dev. Block Grant Fund$ 1.903 million Supportive Housing Fund$ 1.106 million Shelter Plus Care Fund$ 0.932 million General Fund$ 0.792 million Home Investment Partnership Fund$ 0.732 million Housing Successor Fund$ 0.677 million Housing Debt Service Fund$ 0.292 million HOPWA Fund$ 0.222 million Emergency Shelter Grant Fund$ 0.169 million MASH Fees For Services Fund$ 0.147 million Inclusionary Housing Trust Fund$ 0.110 million Human Services Endowment Fund$ 0.110 million FY 2014 Sources and Uses

2. 2 Housing FY 2014 Uses - $24.631 million Personnel$ 4.747 million Services/Supplies $18.491 million Equipment $ 0.002 million Internal Service Charges$ 0.453 million Debt Service$ 0.646 million Transfers Out (Successor Agency Tab) $ 0.292 million FY 2014 Sources and Uses

3. 3 Housing Budget History By Division or Major Budget Area

4. 4 Housing FY 2014 Key Issues and Strategies Key Issues Sequestration Cuts Strategies Implement rental subsidy cost saving measures short of increasing rents and terminating vouchers, then apply for new HUD set-aside funding to fill any deficit. Hold vacant City Service Worker Career Services positions. Seek new funding sources for Career Services.

5. 5 Housing FY 2014 Key Issues and Strategies Key Issues Increase Employment Opportunities Strategies Outreach to local businesses to inform them of Career Services resources including cash assistance On the Job Training funds. Dedicated job developer to work with MASH trainees to find permanent employment outside of City government.

6. 6 Housing FY 2014 Key Issues and Strategies Key Issues Loss of housing funds due to dissolution of redevelopment Strategies Strengthen and protect the Inclusionary Housing Ordinance. Advocate for more LA County funding. Support adoption of key State legislation including SB 391 and AB 1229.

7. 7 Housing FY 2014 Key Issues and Strategies Key Issues Move key projects towards completion Strategies Secure low income housing tax credits for Heritage Square North and Mar Vista Apts. Issue RFP’s for Heritage Square South and Concord Apts. Close Section 108 Loan for Robinson Park.

8. 8 Housing  Further sequestration cuts in Federal funding.  State denial of ROPS funding request for management of housing assets.  Reduced debt service burden with payoff of CalHFA loan.  New part-time Job Developer to assist placement of MASH participants in permanent jobs. Significant Changes From FY 2013 Budget