A. All fees collected pursuant to section 17.712.050 shall be placed in the citywide low income housing fund and shall be administered and used for the purposes described in article IV of chapter 18.56.
B. Annual Evaluation. Commencing one year after the effective date of the ordinance adopting this chapter, and annually thereafter, the SHRA director and planning director shall report to the city council, the planning and design commission, and the Sacramento housing and redevelopment commission on the status of activities undertaken with the housing fund. The report shall include:
1. A statement of income, expenses, disbursements, and other uses of the fund;
2. Identification of projects generating fee revenue;
3. The current fee amount reflecting the automatic annual adjustment under section 17.712.050.E, if any;
4. The total number and location of low and very low income housing units constructed or assisted during that year and the amount of such assistance;
5. Plans for how the money will be spent;
6. Any recommended changes to this chapter necessary to carry out its purposes; or
7. Any recommended adjustments to the fee. (Ord. 2021-0024 § 36; Ord. 2015-0029 § 2)