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HomeMy WebLinkAboutResolution No. 2021-C54RESOLUTION NO.2021-054 A RESOLUTION TO THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE CALHOME PROGRAM; THE EXECUTION OF A STANDARD AGREEMENT IF SELECTED FOR SUCH FUNDING AND ANY AMENDMENTS THERETO; AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE CALHOME PROGRAM. WHEREAS, the city of Azusa, a municipal corporation and political subdivision of the State of California, 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 September 21, 2021, 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 Azusa wishes to submit an application to obtain from HCD an allocation of CalHome Funds in the amount of Four Million Eight Hundred Six Thousand ($4,806,000.00) but no more than Five Million Dollars ($5,000,000.00); and WHEREAS, the City of Azusa, upon the award of said grant funding, wishes to enter into a Professional Service Agreement with Global Urban Strategies, Inc. for the Administration of the CalHome Program (including loan servicing, monitoring, Homebuyer Education, and submittal of reimbursement requests), program eligibility and vetting of applicants; and WHEREAS, Global Urban Strategies, Inc. has extensive experience administering various state and federally funded programs including the CalHome Program and will be compensated directly from the administration fees allocated by the program. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City of Azusa shall submit to HCD an application to participate in the CalHome Program in response to the NOFA issued on September 21, 2021, which will request a funding allocation for the following activities: A. First Time Homebuyers Program in the amount of Two Million Six Hundred Forty - Six Thousand dollars ($2,646,000.00); and B. Owner Occupied Rehabilitation in the amount of Two Million One Hundred Sixty Thousand dollars($2,160,000.00). All activities will be conducted within the boundaries of the City of Azusa, CA. SECTION 2. If the application for funding is approved, the City of Azusa 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 are enforceable through the Standard Agreement. The City of Azusa acknowledges and agrees that it may be required to execute any and all other instruments necessary or required by HCD for participating in the CalHome Program. SECTION 3. The City Council of the City of Azusa authorizes the City Manager or his designee, to execute in the name of the City of Azusa the application, the Standard Agreement, and any subsequent amendments or modifications thereto, as well as any other documents required by HCD for participation in the CalHome Program, and any amendments thereto. SECTION 4. The City Clerk shall attest and certify to the passage and adoption of this Resolution and enter it into the book of original resolutions, and it shall become effective immediately upon its approval. The City Council hereby finds that the foregoing recitals are true and correct and are incorporated into the body of this Resolution by this reference. PASSED, APPROVED AND ADOPTED this 15" day of November, 2021. �0 �� Rob males Mayor ATTEST: Je a wr a Cornejo, Jr ity Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) I HEREBY CERTIFY that the foregoing Resolution No. 2021-054 was duly adopted by the City Council, at a regular meeting of said Agency held on the I P day of November 2021, by the following vote of the Council: AYES: COUNCILMEMBERS: GONZALES, ALVAREZ, AVILA, MENDEZ, BECKWITH NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE gJe/Cer ce Cornej o r. Ci APPROVED AS TO FORM. - Best, st & Krie r, LL City Attorney