Measure A1 Expenditure Accounting

Total A1 expenditures

Cumulative, January 2017 through June 30, 2025. Excludes bond debt service.

Share of $580M bond

Total authorization across all Measure A1 programs.

FY2024–25 expenditures

Most recent fiscal year; first year of the AR6 reporting period.

Administration to date

Staff, program admin contractors, consultants, and issuance costs; 60% of the $58M administrative authorization (7.9% of total expenditures).

Annual expenditures by program

Actuals

Each column is one fiscal year of Measure A1 spending, presented by the broad program categories authorized by the bond, following the summary-chart convention of the published Annual Reports. Each program carries its full cost: project expenditures, program administration contracts, HCD staff (already allocated to program cost centers in the source), and consultants, which are assigned to Rental Development. Bond issuance is the only standalone administrative line. Hover over any segment to see its composition.

Consultants ($1.87M cumulative) are assigned in full to Rental Development, extending the Annual Report 4 Appendix 1 convention that assigned identifiable consultants (CCMI, Elation) to the program they serve; the current consultant roster (labor compliance, legal, and contract-tracking services) supports the rental portfolio. Orrick, Herrington & Sutcliffe (bond counsel) and RINCON are carried under the bond issuance category, consistent with AR4's treatment of Orrick. Acquisition & Opportunity expenditures are presented here under Innovation & Opportunity, matching the Annual Report summary charts and the source report's cost-center structure. Homeownership Development carries staff costs only; the Oak Days / Edes Avenue payments sit under Rental Development, funded via an asterisked allocation transfer from Homeownership Development (see the allocation panel).

Cumulative expenditures

Actuals

Running total against the $580M authorization. 76% of the bond had been expended by June 30, 2025.

The $580 million bond by program

Allocations

Allocations reflect changes approved by the Board of Supervisors. Lighter slices are the transferred-in dollars on the receiving program.

The $580 million bond by program. Board actions moved $10 million from Renew AC to AC Boost (FY2023–24) and $14.0 million from Homeownership Development to the OakDays and Edes Avenue conversions (FY2024–25); transfers net to zero against the $580 million total.

Allocations and expenditures after Board transfers

Actuals

Bond allocation as approved by voters in 2016 and the allocation after Board-approved transfers, with expenditures on the Auditor-Controller basis. Hover an asterisk (*) for transfer details. Filter the years to reproduce a reporting-period cut; through FY23/24 this table reproduces the figures published in Annual Report 5.

The Allocation after Board transfers column reflects the $10 million reallocation from Renew AC to AC Boost (FY2023–24) and the $14.0 million transfer from Homeownership Development to Rental Development for the OakDays and Edes Avenue conversions (FY2024–25); transfers net to zero against the $580 million authorization. Program rows report program dollars on the Auditor-Controller basis and exclude administration and issuance, which are shown on their own lines; the TOTAL row includes them. Percentages are measured against the 2016 allocation.

MA1 Expenditures by Program and Item

Actuals

All years, grouped by program and then by category. Click a category to expand its specific charge items. The same data appears grouped by spending type on the Program Administration tab.

▶ Data provenance

▶ Methodology

Sources and basis of reporting

All figures are actuals from the Measure A1 Expenditure Reports through June 30, 2025, maintained by HCD from Alameda County Auditor-Controller records (FY24 and FY25 workbooks), and from Annual Report 5 (draft) Sections 4 and 6 and Appendix A. Fiscal years run July 1 through June 30; FY2016–17 activity begins with the measure's January 2017 start. The Expenditure Report's annual totals reconcile line by line to Auditor ledger accounts for FY2019–20 forward (account detail shown on the By Fiscal Year tab), and to summary reconciliations for earlier years.

What counts as an expenditure here

Totals cover program disbursements (Rental Development loans, AC Boost downpayment loans, Renew AC preservation loans, and Acquisition Fund conversions) plus administration (HCD staff, program administration contractors, consultants, and bond issuance and underwriter costs). Bond redemption, interest on bonds, and County interest payments (about $178.0M through FY24/25) are paid from the dedicated tax levy and are tracked in the Auditor ledger but excluded from program expenditure totals; they are shown as memo items on the By Fiscal Year tab.

Program-basis presentation on the Overview

The Overview chart presents expenditures by the broad program categories authorized by the bond, following the summary-chart convention used in the published Annual Reports (see AR4 Appendix 1): each program carries its project expenditures, its program administration contract (Hello Housing under Downpayment Assistance, Habitat for Humanity under Housing Preservation), its HCD staff cost center (which already includes the allocated share of General Administration and Asset Management staff), and consultants. Consultants are assigned in full to Rental Development, following AR4's direct-assignment treatment of CCMI and Elation and reflecting that the consultant roster (labor compliance, legal, contract tracking) supports the rental portfolio. Cost of bond issuance is the only standalone administrative category, consistent with the bond's authorization of up to 10% of proceeds for administrative staff and issuance costs. Acquisition & Opportunity activity is presented under the Innovation & Opportunity category, matching the Annual Report charts and the source report's cost-center structure.

Reservations, commitments, and expenditures

Measure A1 rental funds move through three stages, per the framework in Annual Report 2: the Board first reserves funds for a project, HCD later executes a Contract for the Use of Funds (the commitment), and dollars are expended as construction draws occur, often over several years. Expenditure timing therefore lags commitments substantially, and a project's cumulative expenditures can legitimately differ from its reported commitment in any given report. Reconciling the two bases, including reallocating shared administrative costs to programs, is in progress; this dashboard presents the expenditure side only.

Program context (from AR5)

During the AR5 reporting period (FY2022–23 and FY2023–24), Measure A1 expended $142.1M, including the single largest expenditure year in the program's history (FY22/23, $92.3M). AC Boost had funded 237 loans totaling $40.6M through June 2024, 81% of its $50M allocation, with FY22/23 and FY23/24 disbursements matching the Auditor's DALP line items exactly. Renew AC had funded 127 loans; its 33% expenditure rate against the $45M allocation reflects the multi-month gap between loan commitment and final draw on completed rehabs. The Acquisition and Opportunity Fund's cumulative $8.24M reflects the Comfort Inn and Homekey hotel conversion work. FY2024–25 (outside the AR5 period) added $35.8M, including $20.7M in Rental Development draws (of which $14.0M was the Oak Days / Edes Avenue project, funded via a transfer from the Homeownership Development allocation), $5.1M in AC Boost loans, and $3.5M in Renew AC loans. Two Board-approved fund transfers are reflected in the allocation panel with asterisks: the Oak Days transfer from Homeownership Development to the Rental fund ([$14,005,326 to date]; capital records show a $15.62M total A1 commitment), and a $10,000,000 reallocation from Renew AC to AC Boost in FY2023–24. AC Boost stands at 76% of its post-transfer $60M allocation.

Known open items

A companion issues list accompanies this draft. The largest items: AR5 Appendix A's fiscal-year totals for FY16/17 through FY20/21 do not match the source Expenditure Report's annual distribution (though the last three years match exactly and both claim the same cumulative); AR5 Appendix A's own yearly figures sum to $100,000 less than its stated cumulative; AR5 Section 4 and Section 6 double count bond issuance costs inside the Consultants line; the FY21/22 DALP and Rental figures differ between the report summary and the Auditor ledger; and roughly a dozen Rental payee names need a verified crosswalk to project names, including payments to projects that AR5 currently omits (Madrone, Ruby Street, Timber) and payees not found in any commitments table.

Fiscal years (select one or more)

Total expenditures

Program expenditures

Loans and disbursements to projects and households.

Administration

Staff, admin contractors, consultants, and issuance costs.

Debt service (memo)

Bond redemption and interest, paid from the tax levy. Not included in the program expenditure totals shown elsewhere on this dashboard.

Category breakdown

Actuals

Hover over any bar to see the individual expenditures within that category for the selected year.

Auditor ledger detail

Actuals

Program expenditure trends

Actuals

Annual loan and disbursement activity by program, on a single dollar axis with a scale break so Rental Development and the smaller programs remain readable together.

Program expenditures by fiscal year

Actuals

Click a program name to expand its line items. Rental Development expands to Auditor payee-level payments; the loan programs expand to their Auditor account lines, with record-level loans held by the program administrators.

Acquisition & Opportunity appears in the source Expenditure Report under an "Innovation & Opportunity" heading (Comfort Inn / Homekey conversions). AR5 reports it as the Acquisition and Opportunity Fund; the Innovation Fund ($10M allocation) has no expenditure line of its own. Flagged in the companion issues list.

Total administration

Staff ($19.38M), program admin contractors ($10.97M), consultants ($1.87M), and bond issuance costs including bond counsel ($2.62M), cumulative.

Share of $58M authorization

Cumulative administration against the fixed $58M cap (10% of the bond). Secondary: administration is 7.9% of cumulative expenditures.

HCD staff, FY24/25

All Measure A1 positions fully staffed per AR5; FY24/25 per the current Expenditure Report.

HCD staff costs by program cost center

Actuals

Staff charges as received from the Auditor, by Measure A1 program cost center. There is no standing "administrative" program in Measure A1: general administration and Asset Management staff costs are allocated across the five program cost centers, so each column already reflects the fully loaded staff cost of running that program.

Program administration contractors

Actuals

Hello Housing administers AC Boost (Downpayment Assistance); Habitat for Humanity East Bay/Silicon Valley administers Renew AC (Housing Preservation).

Administration against the $58M authorization

Actuals

Cumulative staff, program administration contractor, consultant, and cost of issuance charges, measured against the $58 million administrative authorization (10% of the $580 million bond). Source: Measure A1 Expenditure Report. The Annual toggle shows each year's administration in dollars.

MA1 Expenditures by Spending Type and Program

Actuals

All years in one consolidated table, grouped by spend type and then by program. Click a program to expand its specific charge items. Consultants are assigned to Rental Development per the AR4 convention; bond issuance and underwriter costs remain direct administration under the 10% authorization.

The source report's "Sub-Total Consultants/COI" line combines consultants with issuance costs; they are separated here, with Orrick (bond counsel) and RINCON carried under bond issuance. Verify remaining consultant assignments against invoices before publication.