BACKGROUND (CONT'D)
Apart from those issues, HACCC, RHA, the City of Richmond and HUD San Francisco are working to try preserve RHA's public, and other affordable housing by using PBVs administered by HACCC. To this end, HACCC and RHA submitted a series of waiver requests to HUD Washington. This request is attached. HUD Washington has not yet replied to these waiver requests. Staff will update the Board once a response is received.
FISCAL IMPACT
The transfer of the Richmond Housing Authority's (RHA) Voucher programs has increased the Housing Authority of the County of Contra Costa's (HACCC) current contract with HUD from 7,097 vouchers to 9,101 vouchers. The final numbers are still to be determined based on HACCC's file updates, but it is anticipated that HACCC's voucher budget for FYE 2020 will increase from $117 million to between $142 million and $150 million.
CONSEQUENCE OF NEGATIVE ACTION
None. Information item only.