Loading...
HomeMy WebLinkAboutResolutions - No. 2013-126RESOLUTION NO. 2013-126 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO SUBMIT AN 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 IN 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 May 1, 2013, the Department issued a 2013 Notice of Funding Availability announcing the availability of funds under the HOME program (the "NOFA"); and WHEREAS, in response to the 2013 NOFA, the City of Lodi, a municipal corporation, and Eden Housing, Inc., a nonprofit corporation (the "Applicants"), wish 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 2013 NOFA, to submit an 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, Six Hundred Thousand Dollars ($5,600,000) for the following activities and/or programs: Development of an affordable senior rental housing project to be located in Lodi, California, and any eligible costs related to the administration of the HOME funds and project delivery; and BE IT FURTHER RESOLVED, 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 the Department in accordance with the statutes and regulations stated above. The Applicants may also execute a standard agreement, any amendments thereto, and any and all other documents or instruments necessary or required by the Department for participation in the HOME program (collectively, the required documents). The Applicant authorizes the City Manager or his designee(s) to execute, in the name of the applicant, the required documents. Dated: June 19, 2013 I hereby certify that Resolution No. 2013-126 was passed and adopted by the Lodi City Council in a regular meeting held June 19, 2013, by the following vote: AYES: NOES: ABSENT: ABSTAIN COUNCIL MEMBERS — Hansen, Johnson, Katzakian, and Mayor Nakanishi COUNCIL MEMBERS — None COUNCIL MEMBERS — Mounce COUNCIL MEMBERS — None 2013-126