City of Victorville, a Municipal Corporation, as Successor to Housing Assets of the Victorville Redevelopment Agency. On January 17, 2012, the City Council elected to retain the housing assets and functions previously performed by the Victorville Redevelopment Agency ("Agency") in accordance with H&S Code Section 34176(a) by adopting City Council Resolution No. 12-007 and 12-008. To facilitate the transfer of assets to and performance of the housing functions of the former Agency, the City Council adopted Resolution No. R-HF-12-002 on November 20, 2012, designating the "Victorville Housing Trust (VHT)" as the formal and legal name by which the City should be known and identified when performing the housing functions of the former Agency. On June 21, 2016, the City Council, performing the housing functions of the former Agency, adopted Resolution No. R-HF-16-001 repealing Resolution No. R-HF-12-002 to abolish the VHT, amend all subsequent resolutions of the VHT, and confirm that the "City of Victorville, a Municipal Corporation, as Successor to Housing Assets of the Victorville Redevelopment Agency" is the lawfully-designated housing successor entity, and authorizing the taking of certain actions.
In accordance with the California Health and Safety Code Section 34176.1(f), the City of Victorville, as Successor to Housing Assets of the Victorville Redevelopment Agency is required to provide to its governing body, and post on its City website, its Housing Successor Annual Report ("Report") regarding the Low and Moderate Income Housing Fund ("LMIHAF"). The Report sets forth certain details of the City of Victorville (Housing Successor) activities for the fiscal year. The Report is based upon information prepared by the Housing Successor staff and information contained within the independent financial audit of the Low and Moderate Income Housing Asset Fund.