BACKGROUND
The Section 8 Rental Assistance Program is a federally funded program through the Department of Housing and Urban Development (HUD) that assists very-low income families, seniors and disabled persons in the payment of the rent on privately owned rental units. Under this program, qualified participants pay a percentage of their adjusted income toward the rent and the Housing Authority pays the balance to the owner utilizing federal funds received from HUD. The rental units subsidized under the program are inspected annually to ensure that they are decent, safe, and sanitary and have no building code violations. The Authority ensures that the total monthly rent is comparable to rents being paid on similar non-subsidized units, and owners are encouraged to improve their properties to make them eligible for an annual rent increase.
In addition, as part of the dissolution of the Garden Grove Redevelopment Agency (Agency) in February 2012, the Housing Authority has taken on the Housing components of the former Agency. These assets include land purchased with housing set aside funds.
On June 25, 2019, the City Council approved a biennial budget for FY 2019-20 and FY 2020-21. As new revenue data and expenditure needs have changed, it is necessary to perform a mid-cycle review and amend the second year, FY 2020-21 budget for various funds and programs.