HomeMy WebLinkAboutReso 93-339 - Authorize CM to file an application for Federal FY 1993 funding under the Home Investment Partnership Program with the Calif State Dept of Housing & Comm Dev RESOLUTION NO. 13 —3 3 9
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING THE
CITY MANAGER TO FILE AN APPLICATION FOR FEDERAL FISCAL YEAR 1993 FUNDING
UNDER THE HOME INVESTMENT PARTNERSHIP PROGRAM IN THE AMOUNT OF
$1,000,000 WITH THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND
COMMUNITY DEVELOPMENT
WHEREAS, the City of Redding, a political subdivision of the State of California, wishes to
i apply for and receive an allocation of funds through the Home Investment Partnerships Program
j (hereinafter referred to as "HOME"); and
WHEREAS, the California Department of Housing and Community Development (hereinafter
referred to as "the Department*) has issued a Notice of Funding Availability for the HOME Program
and is authorized to approve funding allocations, which will be made available directly through the
U.S. Department of Housing and Urban Development (HUD), to be used for the purposes set forth
in Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990, the implementing
regulations set forth in Title 24 of the Code of Federal Regulations, part 92, and Title 25 of the
California Code of Regulations commencing with section 8200; and
WHEREAS, the City Council has determined that it would be in the best interest of the
residents of the City of Redding to participate in this program; and
WHEREAS, the City Council has determined that the City should submit an application to
obtain an allocation of HOME funds from the Department;
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NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Redding does
hereby authorize the City Manager to file an application in the amount of $1,000,000, the Standard
Agreement, and all other documents required by the Department or HUD for participation in the
HOME Program, and any amendments thereto; and
The City of Redding shall submit to the Department an application to participate in the
HOME Program which will request a funding allocation for (1) rental rehabilitation, (2) homeowner
rehabilitation, (3) first-time homebuyer assistance, (4) down payment assistance and rehabilitation, �v
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and (5) rental assistance for adult foster children activities located within the city boundaries; and (,��
If the application for funding is approved, the City of Redding hereby agrees to use the
HOME funds for eligible activities in the manner presented in the application as approved by the
Department and in accordance with regulations cited above. The City Manager for the City of
Redding may also execute any and all other instruments necessary or required by the Department
or HUD for participation in HOME.
j I HEREBY CERTIFY that the foregoing resolution was introduced and read at a regular
meeting of the City Council of the City of Redding on the September 21, 1993, and was duly
adopted at said meeting by the following vote:
i AYES: COUNCIL MEMBERS: Anderson, Dahl, Kehoe, Moss and Arness
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
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CARL ARNESS, Mayor
City of Redding
ATTEST:
CONNIE STROHMAYER, C!! CI k
FORM APPROVED:
4RANDAA. HAYS, City Attorney
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