Annual report by Mayor

No later than April 1 of each fiscal year, the Mayor shall transmit to the Council a Housing Production Trust Fund Annual Report. The report shall include the following information: (1) The amount of money expended from the Housing Production Trust Fund during the fiscal year; (2) The number of loans and grants made during the fiscal year; (3) The number of low-income, very low-income, and extremely low-income households and individuals assisted through Fund expenditures; (4) A list of each project on which funds from the Fund were expended, including, for each project: (A) A brief description of the project, including the name of the project sponsor; (B) The amount of money expended on the project; (C) Whether the money expended was in the form of a loan or a grant; and (D) The general terms of the loan or grant; (5) The amount and percentage of funds expended on homeownership projects; (6) The amount and percentage of funds expended on rental housing projects; (7) The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 30% of the area median income; (8) The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 50% of the area median income; (9) The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 80% of the area median income; (10) The number of housing units assisted, including the number of rental housing units assisted and the number of homeownership units assisted; and (11) The amount expended on administrative costs during the fiscal year.