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Preventing Displacement /Improving Housing Security (Subset of Housing Strategies <br />Further explore renter protections - Additional policies to prevent N <br />including possible policy displacement and further protect <br />recommendations - to stop displacement Redwood City renters. <br />HUMAN SERVICES FINANCIAL <br />ASSISTANCE FUND <br />Assure longevity of HSFA Fund through: Ongoing support for vital services <br />*Development of HSFA Endowment Fund provided to Redwood City residents by <br />*Strategy for Growth of HFSA Endowment non-profit partners <br />Fund <br />BASIC HUMAN NEEDS <br />u <br />y *Monitor development <br />and implementation of <br />renter protection <br />recommendations <br />approved by Council in <br />2018 <br />*More exploration of <br />renter protections <br />(policy <br />recommendations?) to <br />stop displacement <br />*Investigate root causes <br />of rent increases (eg., <br />bank loans) and find <br />creative ways to mitigate <br />TBD * Review original <br />direction from City <br />Council in 2015 <br />*Explore options for <br />creating endowment <br />fund <br />*develop <br />recommendation for <br />strategy (possibly policy) <br />for growth of the HSFA <br />Endowment Fund <br />*possible sub -committee <br />*staff involvement - high <br />*consultant - possibly <br />* Ad Hoc Subcommittee to work TBD (initiate in the <br />with staff on exploring options short term and <br />* staff involvement - medium complete no later <br />* consultant - n/a than 2 years) <br />Council adoption <br />of at least one <br />additional policy <br />to prevent <br />displacement and <br />further protect <br />renters. <br />Urgency - 1 -year, <br />2 -years <br />1) HSFA 2 -year <br />Endowment Fund <br />Established; <br />2) plan for how <br />HSFA Endowment <br />Fund continues to <br />grow <br />i <br />(Q <br />CD <br />O <br />