gencies, that development, construction, or acquisition is hereby deemed authorized by the People of Los Angeles, having been duly approved by a majority of qualified electors of the City, and with such authorization constituting the approval required by Article XXXIV of the California Constitution. The development, construction, and/or acquisition of low rent housing units authorized by this section shall be in addition to any other authorization of the development, construction, and/or acquisition of such housing by the voters of the City before or after adoption of this section. This section in no way restricts or limits the City’s authority to develop or assist in the development of housing that is not subject to Article XXXIV. This Section 22.618.3(d)(1)(iii) shall be interpreted to maximize affordable housing production and acquisition. As used in this Section 22.618.3(d)(1)(iii), the terms “public entity”, “develop”, “construct”, “acquire”, and “low rent housing projects” shall be interpreted in accordance with Article XXXIV of the California Constitution, California Health and Safety Code Section 37000 et seq., and any successor legislation thereto. (iv) The Department shall have authority to approve funding of fifty million dollars ($50,000,000) or less from the House LA Fund – Program for any eligible Affordable Housing Program project without further Council review. Such Department approval shall be consistent with the guidelines adopted pursuant to Section 22.618.6(c)(1) of this Code. Funding for any specific Affordable Housing Program project of more than fifty million dollars ($50,000,000) shall require the review and approval of City Council. (2) Homelessness Prevention Program. Thirty percent (30%) of the House LA Fund – Programs shall be used for the Homelessness Prevention Program, as described by this subdivision and according to an expenditure plan adopted pursuant to Section 22.618.4 of this Code: (i) Short-Term Rental and Income Support for Vulnerable Tenants. a. Short-Term Emergency Assistance. Five percent (5%) of the House LA Fund – Programs shall be annually allocated to provide short-term emergency funding to tenant households at risk of becoming homeless.