264
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY16-17 and 17-18
Housing Programs
(continued)
Fund 255 include the balance of $2.4 million loan to EAH for the scattered site project, as well as a $500,000 BMR
Program Administration contract. In total, $5.8 million is recommended towards Housing Programs.
In spite of RDCS allocations and projects with BMR waivers pending, it is anticipated that $500,000 in housing in-lieu
fee revenue for eligible BMR units will be received based on the $150,000 current fee. It has been a decade since the
current $150,000 in lieu fee has been evaluated; in FY 16-17, an analysis will be brought forward to discuss the
appropriateness of the BMR in lieu fee.