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HomeMy WebLinkAboutResolutions - No. 2011-127RESOLUTION NO. 2011-127 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO SUBMITA JOINT APPLICATION WITH EDEN HOUSING, INC. TO THE STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR HOME INVESTMENT PARTNERSHIPS PROGRAM FUNDING; AND IF SELECTED, THE EXECUTION OF A STANDARD AGREEMENT, ANY AMENDMENTS THERETO, AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE I N THE HOME INVESTMENT PARTNERSHIP PROGRAM WHEREAS, the California Department of Housing and Community Development (the Department) is authorized to allocate HOME Investment Partnerships Program (HOME) funds made available from the U.S. Department of Housing and Urban Development (HUD). HOME funds are to be used for the purposes set forth in Title II of the Cranston -Gonzalez National Affordable Housing Act of 1990, in federal implementing regulations set forth in Title 24 of the Code of Federal Regulations, part 92, and in Title 25 of the California Code of Regulations commencing with section 8200; and WHEREAS, on June 1, 2011, the Department issued a 2011 Notice of Funding Availability (NOFA), announcing the availability of funds under the HOME program; and WHEREAS, in response to the 2011 NOFA, the City of Lodi, a municipal corporation, and Eden Housing, Inc., a nonprofit corporation (the Applicants), wishes to apply to the Department for, and receive an allocation of, HOME funds. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager, in response to the 2011 NOFA, to submit a joint application with Eden Housing, Inc. to the Department to participate in the HOME program and for an allocation of funds not to exceed Five Million, One Hundred Thousand Dollars ($5,100,000) for the following activities and/or programs: Development of an affordable senior rental housing project in Lodi, California, and any eligible costs related to the administration of the HOME funds and project delivery; and BE IT FURTHER RESOLVED that, if the application for funding is approved, the Applicants hereby agree to use HOME funds for eligible activities in the manner presented in the application as approved by HCD in accordance with the statutes and regulations stated above. The City Manager is hereby authorized and may also execute a standard agreement, any amendments thereto, and any and all other documents or instruments necessary or required by HCD for participation in the HOME program. Dated: August 3, 2011 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- hereby certify that Resolution No. 2011-127 was passed and adopted by the Lodi City Council in a regularmeeting held August 3, 2011, bythe following vote: AYES: NOES: ABSENT: ABSTAIN COUNCIL MEMBERS —Hansen, Katzakian, Nakanishi, and Mayor Johnson COUNCIL MEMBERS —None COUNCIL MEMBERS — Mounce COUNCIL MEMBERS — None 2011-127 RANDIJOHL City Clerk