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First-Time Homebuyer Program Appropriation 4 Apri16, 2009 <br />Budget Authority <br />The Redevelopment Agency has the authority to utilize Set Aside funds on eligible housing <br />activities in compliance with California Redevelopment Law (CRL). <br />t <br />Perry Carter ' <br />Finance Director <br />Attachments <br />None <br />CONCLUSION <br />Staff recommends that the Redevelopment Agency authorize, by resolution, an additional <br />appropriation of $142,000 in Set Aside Funds for the First Time Homebuyer Program. <br />