Council File: 08-1991 Subscribe via emailPrint this recordPublic Comment

Title
AFFORDABLE HOUSING PRESERVATION PROGRAM
Subject
Motion - That the City Council authorize the Los Angeles Housing Department to continue to negotiate with Fannie Mae to establish a $30 million line of credit for the purpose of acquiring property to preserve existing affordable housing and to instruct the City Administrative Officer and the Chief Legislative Analyst to report in 30 days with a source of funds in the amount of $20 million to guarantee the line of credit.
Date Received / Introduced
07/25/2008
Last Changed Date
08/29/2008
Expiration Date
08/12/2010
Mover
HERB WESSON, JR.
Second
ED REYES
File Activities
Date Activity  
08/29/2008 File closed.
08/26/2008 City Clerk transmitted file to Housing, Community and Economic Development Committee Clerk to verify file content.
08/15/2008 Council adopted Housing, Community, and Economic Development Committee report. Click to view online docs
File History
7-25-08 - This day's Council session
7-25-08 - Ref to Housing, Community and Economic Development Committee
7-25-08 - File to Housing, Community and Economic Development Committee Clerk

Online Documents (Doc)

Title Doc Date
Council Action 08/15/2008
Motion 07/25/2008

  Council Vote Information  

Meeting Date: 08/15/2008
Meeting Type: Regular
Vote Action: Adopted
Vote Given: (10 - 0 - 5)
Member Name CD Vote
RICHARD ALARCON 7 YES
TONY CARDENAS 6 YES
ERIC GARCETTI 13 YES
WENDY GREUEL 2 YES
JANICE HAHN 15 ABSENT
JOSE HUIZAR 14 YES
TOM LABONGE 4 YES
BERNARD C PARKS 8 ABSENT
JAN PERRY 9 YES
ED REYES 1 ABSENT
BILL ROSENDAHL 11 YES
GREIG SMITH 12 YES
JACK WEISS 5 ABSENT
HERB WESSON 10 ABSENT
DENNIS ZINE 3 YES