3.17 24-0413 Subject: Housing Accelerator Fund From: Housing And Community Development Department Recommendation: Adopt A Resolution Authorizing The City Administrator To (1) Authorizing A $10 Million Unsecured Recourse Loan To The Housing Accelerator Fund To Establish A Fund To Finance Affordable Housing Acquisition And Rehabilitation, And Appropriating Measure U Bond Funds For This Purpose; (2) Authorizing And Appropriating $30 Million In Measure U Bond Funds For Permanent Financing To Take-Out These Acquisition And Rehabilitation Loans; (3) Waiving The City's Local And Small Local Business Enterprise, Local Employment, And Apprenticeship Requirements For All Acquisition And Conversion To Affordable Housing Projects; And (4) Making Related California Environmental Quality Act Findings; On The June 11, 2024 Community And Economic Development Committee Agenda