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HomeMy WebLinkAboutResolutions - No. 2006-189RESOLUTION NO. 2006-189 A RESOLUTION OF THE LODI CITY COUNCIL ACCEPTING GRANT FUNDING ($23,000) FROM THE STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR A WORKFORCE HOUSING REWARD PROGRAM WHEREAS, the City applied for and received a Workforce Housing Reward Program grant award as part of the Housing and Emergency Shelter Trust Fund Act of 2002 (Proposition 46), which has the goal of encouraging new housing affordable to low-income households and to reward local governments for approving housing projects affordable to lower income households and the workforce; and WHEREAS, these monies may be used for projects that involve the construction, rehabilitation and/or acquisition of capital assets, and capital assets with expected life of fifteen (15) years; and WHEREAS, in the application process, staff identified dwelling units for rent and for sale that met the State's affordability thresholds for low-income households; and WHEREAS, since the City had not approved any subsidized dwelling units fast year, staff identified market rate affordable units that meet the State defined criteria for affordable, which was done by using what the State predetermined to be reasonable rent or mortgage for a family of various sizes and then determining which units fell within that range; and WHEREAS, staff was able to identify 12 dwelling units ranging from one to three bedrooms that fell within the category of either extremely, very low, or low income housing. Those affordable units amounted to an incentive -based reward from the State Department of Housing and Community Development in the amount of $23,000; and WHEREAS, staff recommends that the City Council authorize the City Manager to receive the grant funds from the State Department of Housing and Community Development in the amount of $23,000. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to receive the grant funding in the amount of $23,000 from the State Department of Housing and Community Development in a form and manner determined by said agency. Dated: October 18, 2006 I hereby certify that Resolution No. 2006-189 was passed and adopted by the City Council of the City of Lodi in a regular meeting held October 18, 2006, by the following vote: AYES: COUNCIL MEMBERS — Beckman, Hansen, Johnson, Mounce, and Mayor Hitchcock NOES: COUNCIL MEMBERS -- None ABSENT: COUNCIL MEMBERS -- None ABSTAIN: COUNCIL MEMBERS — None RAND JOHL City Clerk 2006-189