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Second Amendment to the Emergency Rental Assistance Program Spending Plan and <br />Appropriation Adjustment of $9,268,716.56 <br />December 7, 2021 <br />Page 4 <br />2 <br />2 <br />6 <br />5 <br />comply with the State’s guidelines. These program documents are subject to review and <br />approval by HCD. As soon as the program documents have been finalized and the <br />Agreement has been executed with HCD, the City will issue a press release announcing <br />any updates to the program to conform to the State ERA2 funds. <br />This Second Amendment to the ERA Program spending plan will continue to assist as <br />many families as possible who need assistance. This Second Amendment will also assist <br />all of the families who have already applied for emergency rental relief and any new <br />applications received by the City on an on-going basis. If the City Council decides not to <br />accept this $9.2 million in additional funds, these State ERA2 funds will be reallocated <br />outside the City and across the State of California to other residents who need emergency <br />rental assistance. This Second Amendment and corresponding Resolution will authorize <br />the City to participate in the State Emergency Rental Assistance Program and authorize <br />the City Manager to enter into an Agreement with the State for the administration of <br />$9,268,716.56 in new State ERA2 funding (Exhibit 4). <br />FISCAL IMPACT <br />Approval of the appropriation adjustment will recognize $9,268,716.56 in the Emergency <br />Rental Assistance Program grant revenue account (no. 17718002-52009) for expenditure <br />as follows: <br />Fiscal <br />Year <br />Accounting <br />Unit- <br />Account <br />Fund <br />Description <br />Accounting Unit, <br />Account Description Amount <br />FY 21-22 <br />(Dec-June) <br />1771870X- <br />various <br />Emergency <br />Rental <br />Assistance <br />Program <br />State Emergency <br />Rental Assistance <br />Program 2, Various <br />$9,268,716.56 <br />Total $9,268,716.56 <br />The spending plan above is only an estimate and is subject to change. <br />EXHIBIT(S) <br />1. Staff Report from February 16, 2021 <br />2. Staff Report from July 6, 2021 <br />3. Map of ERA Program Assistance, As of November 19, 2021 <br />4. Resolution <br />Submitted By: Steven Mendoza, Assistant City Manager <br />Approved By: Kristine Ridge, City Manager