HomeMy WebLinkAboutReso 2020-103 - Rescinding Reso 2019-095 & Authorize the CM, to execute & Submit App to Calif Dept of Housing & Comm Dev for funding under the CalHome Program RESOLUTION NO. 2020-103
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
RESCINDING RESOLUTION NO. 2019-095 AND 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 an amount not to exceed $3,500,000; and
WHEREAS,the City Council of the City of Redding adopted Resolution No. 2019-095 on
the 30th day of September, 2019, relating to authority to apply for and submit a CalHome Program
Application; and
WHEREAS, the City Council now desires to rescind Resolution No.2019-095 and adopt
this resolution instead;
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 on May 3, 2019, for funding not to exceed
$3,500,000, 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
c
b. Owner-Occupied Rehabilitation for 10 units for up to $150,000 each ($1,500,000
total).
G
Projects will be located in the State of California, County of Shasta, City of Redding. `
c.
2. If the application for funding is approved, the City of Redding hereby agrees to use the
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 by HCD for
participation in the CalHome Program.
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 regular meeting
of the City Council of the City of Redding on the 18th day of August, 2020, and duly adopted at
said meeting by the following vote:
AYES: COUNCIL MEMBER: Dacquisto,Resner, Schreder,Winter,and McElvain
NOES: COUNCIL MEMBER: None
ABSENT: COUNCIL MEMBER: None
ABSTAIN: COUNCIL MEMBER: None
ADAM McELVAIN, Mayor
ATTEST: APPROVED AS TO FORM:
PAMELA MIZE, City Clerk-F BARRY E. De—WALT, City Attorney