SUBJECT: Acceptance of the Housing Successor Agency Annual Compliance Report for Fiscal Year 2020-21 Pursuant to Health and Safety Code Section 34176.1(f) Including, but not Limited to, Housing Asset Fund Activities, Compliance with Expenditure and Surplus Limits, Real Property Assets and Loans Receivable REPORT IN BRIEF Annual Report summarizing Housing Successor activity for the City of Merced in Fiscal Year 2020-21 per California Senate Bill (SB) 341, which requires the City to prepare an annual report on the City’s compliance with Housing Successor requirements imposed by Health and Safety Code Section 34176.1(f). RECOMMENDATION City Council - Receive and file the Housing Successor Agency Annual Report for Fiscal Year 2020-21.

Consent Item Passed Introduced February 4, 2022

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Requested by: Development Services Department
Introduced: February 4, 2022
On agenda: March 21, 2022
Passed: March 21, 2022