REPORT TO THE CITY COUNCIL FROM: JENNIFER CLARK, Director Planning and Development Department PHIL SKEI, Assistant Director Planning and Development Department BY: JILLIAN GAYTAN, Senior Management Analyst Homeless Services Division SUBJECT ..Title ***RESOLUTION - Adopting the 14th Amendment to the Annual Appropriation Resolution (AAR) No. 2022-154 appropriating $3,500,000 in the City of Fresno Local Housing Trust Fund (requires 5 Affirmative Votes) (Subject to Mayor's Veto) ..Body RECOMMENDATION Staff recommends the City Council adopt the 14th amendment of the Annual Appropriation Resolution No. 2022-154 appropriating $3,500,000 for the City of Fresno Local Housing Trust Fund (Fund #10502). EXECUTIVE SUMMARY Approval of the AAR will appropriate $3,500,000 from the General Fund to the City of Fresno (City) Local Housing Trust Fund (Fund #10502). BACKGROUND On July 29, 2021, the City Council approved resolution 2021-201 to establish the City of Fresno Local Housing Trust Fund (LHTF). On September 29, 2022, Deputy Mayor Matthew Grundy presented resolution 2022-216 allocating American Rescue Plan Funding to the City of Fresno Local Housing Trust Fund in the amount of $1 million. Councilmember Karbassi motioned to approve the resolution with a modification to increase the amount to $3.5 million from American Rescue Plan Act funds to the Local Housing Trust Fund. Program Guidelines for these funds will be shaped through community participation, in alignment with eligible activities for the State matching grant program. ENVIRONMENTAL FINDINGS This item is not a project as defined by the California Environmental Quality Act. LOCAL PREFERENCE Local preference was not implemented because no spending is involved in this action. FISCAL IMPACT This Resolution will create a one-time allocation of $3,500,000 to Fund 10502 from the American Rescue Plan Act. Attachment: 14th Amendment to the Annual Appropriation Resolution 2022-154