HomeMy WebLinkAboutReso 2019-095 - CalHome Program application execution i !
RESOLUTION NO. 2019-095
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO EXECUTE
AND SUBMIT AN APPLICATION TO THE CALIFORNIA STATE
DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
FOR FUNDING UNDER THE CALHOME PROGRAM; AND, IF
SELECTED, THE EXECUTION OF A STANDARD AGREEMENT, ANY
AMENDMENTS THERETO, AND ANY RELATED DOCUMENTS
NECESSARY TO PARTICIPATE IN THE CALHOME PROGRAM
WHEREAS, the City of Redding, a municipal corporation and general law city, wishes
to apply for and receive an allocation of funds through the CalHome Program; and
WHEREAS, the California Department of Housing and Community Development
(hereinafter referred to as HCD) has issued a Notice of Funding Availability ("NOFA") on May
3,2019, for the CalHome Program established by Chapter 84, Statutes of 2000 (SB 1656 Alarcon),
and codified in Chapter 6 (commencing with Section 50650) of Part 2 of Division 31 of the Health
and Safety Code (the "statute"). Pursuant to the statute, HCD is authorized to approve funding
allocations utilizing monies made available by the State Legislature to the CalHome Program,
subject to the terms and conditions of the statute and the CalHome Program Regulations adopted
by HCD in April 2004; and
WHEREAS, the City of Redding wishes to submit an application to obtain from HCD an
allocation of CalHome funds in the amount of$3,500,000;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDDING DOES
HEREBY RESOLVE THAT:
1. The City of Redding shall submit to HCD an application to participate in the CalHome
Program in response to the NOFA issued May 3, 2019, which will request a funding
allocation for the following activities:
a. First-Time Homebuyer Mortgage Assistance for 20 units for up to $100,000 each
($2,000,000 total); and
b. Owner-Occupied Rehabilitation for 10 units for up to $150,000 each ($1,500,000
total)
Projects will be located in the State of California, County of Shasta, City of Redding.
2. If the application for funding is approved, the City of Redding hereby agrees to use the
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CalHome funds for eligible activities in the manner presented in the application as
approved by HCD and in accordance with program regulations cited above. The
application in full is incorporated as part of the Standard Agreement. Any and all
activities funded, information provided, and timelines represented in the application <)
enforceable through the Standard Agreement. The City of Redding acknowledges and
agrees that it may be required to execute any and all other instruments necessary or required 0
by HCD for participation in the CalHome Program.
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3. The City Council of the City of Redding authorizes the City Manager, or designee, to
execute in the name of the City of Redding, the application, the Standard Agreement, and
all other documents required by HCD for participation in the CalHome Program, and any
amendments thereto.
I HEREBY CERTIFY that the foregoing resolution was introduced at a special meeting
of the City Council of the City of Redding on the 30th day of September, 2019, and duly adopted
at said meeting by the following vote:
AYES: COUNCIL MEMBER: Dacquisto,McElvain,Resner,Schreder,and Winter
NOES: COUNCIL MEMBER: None
ABSENT: COUNCIL MEMBER: None
ABSTAIN: COUNCIL MEMBER: None
JULI WINTE , Mayor
ATTEST: APPROVED AS TO FORM:
PAMELA MIZE, Clerk BAWY "eNTALT, City Attorney