The city starved the Housing Authority of funds, then used the revenue shortfall to rationalize a potential sale of the property. The authority’s website does not list its latest annual financial report, violating California’s Health and Safety Code Section 34328.
BELL (WOC) – Bell city leaders appear to have created a financial crisis and are using that shortfall to justify the eventual displacement of low-income tenants and the potential sale of their low income mobile home properties at a City Council meeting
The City turned away vitally needed revenue that would have assisted in bond payoffs and capital improvements. Denying this revenue to the city’s Housing Authority was gross mismanagement of the city’s assets.