(a) Establishment of Fund. The Mayor's Housing Programs Fees Fund is established as a category eight fund to receive monies from fees earned by the Mayor's Office of Housing and Community Development in connection with the administration of affordable housing. Such fees shall include, but are not be limited to, fees from single-family and multifamily housing mortgage revenue bonds as issuer or as administrator, fees from the California Natural Disaster Assistance Program, and fees from similar housing programs in which the city earns fees for services provided by the Mayor's Office of Housing and Community Development. This Section 10.100-117 shall not authorize the levy of fees except as otherwise provided by ordinance or resolution of the Board of Supervisors.
(b) Use of Fund. The fund shall be used for the purpose of supporting the City's efforts to provide affordable housing for persons and households of low and moderate income in the City. For the purposes of this Fund, "low and moderate income" shall mean incomes which are not greater than 120 percent of median for San Francisco, as defined by the United States Department of Housing and Urban Development. Monies from the Fund may be used for the following purposes:
(1) To pay the costs of the Mayor's Office of Housing and Community Development for administering housing programs for which administrative funding is not otherwise available from the City's General Fund, federal or state grants, or other sources of administrative funding. Such programs shall include the City's single-family and multifamily housing mortgage revenue bond programs, the first time homebuyer programs, rental housing development programs, and the monitoring of units to ensure their continued affordability.
(2) To the extent that monies are available and not needed to cover current and anticipated future administrative costs described in Subparagraph (1), the Mayor's Office of Housing and Community Development may transfer said monies to the Citywide Affordable Housing Fund, Administrative Code Section 10.100-49, to make loans or grants for the development of affordable housing in the City.
(c) Exceptions to Fund Category. The Director of the Mayor's Office of Housing and Community Development shall approve expenditures from the fund.
(d) Administration of Fund. The Mayor's Office of Housing and Community Development shall administer the Fund, and in such capacity shall review the needs of the administration of affordable housing programs and the availability of monies from the fund for other eligible purposes. The Mayor's Office of Housing and Community Development shall report annually to the Board of Supervisors on the current status of the Mayor's Housing Program Fees Fund as a part of its Annual Report, including the amounts of fees received and to be budgeted for administrative funding, and any recommendations deemed necessary to improve effectiveness of the Mayor's Housing Program Fees Fund in achieving its purpose.
