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HomeMy WebLinkAboutResolution No. 2022-C74RESOLUTION NO.2022-C74 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA CALIFORNIA, A POLITICAL SUBDIVISION OF THE STATE OF CALIFORNIA, ACCEPTING THE GRANT FUNDS FOR THE CALHOME PROGRAM GRANT AWARD 2021, APPROVING THE EXECUTION OF A STANDARD AGREEMENT AND ANY SUBSEQUENT AMENDMENTS WITH THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT AND AUTHORIZING THE CITY MANAGER TO APPROVE LOCAL PROGRAM GUIDELINES AND SPECIFICATIONS. WHEREAS, the City of Azusa, a municipal corporation and political subdivision of the State of California, was authorized through Resolution No. 2021-054 dated November 15, 2021 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") issued a Notice of Funding Availability ("NOFA") on September 21, 2021, for the CalHome program established by Chapter 84, Statues of 2000 (SB1656 Alarcon), and codified in Chapter 6 (commencing with Section 50650) of Part 2 of Division 31 of the Health and Safety Code (the "statue"). 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 statue and the CalHome Program Regulations adopted by HCD in April 2004; and WHEREAS, the City of Azusa submitted to HCD an application to participate in the CalHome Program in response to the NOFA issued on September 21, 2021, which requested 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. WHEREAS, the City of Azusa has been awarded $4,806,000 in funding from the State of California Department of Housing and Community Development (HCD) for First Time Homebuyer Mortgage Assistance and Owner -Occupied Rehabilitation Assistance; and WHEREAS, the funding opportunity provided by HCD through their CalHome Program seeks to provide first-time homebuyer mortgage assistance and owner -occupied rehabilitation assistance to low- and very low income households to become or remain homeowners. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Azusa does hereby find, determine and declare as follows: SECTION 1. The City of Azusa accepts the award of funds in the amount of $4,806,000 from the Department of Housing and Community Development for the CalHome Program 2021; SECTION 2. The City of Azusa certifies that it will work with Department of Housing and Community Development to meet established deadlines to complete project within 36 months of the execution of the Standard Agreement; SECTION 3. The City of Azusa certifies that it will execute a Standard Agreement and any subsequent amendments or modifications thereto, as well as any other documents as required by the Department of Housing and Community Development; SECTION 4. The City of Azusa authorizes the City Manager, or designee, as agent to approve local program guidelines and specifications; SECTION 5. The City of Azusa certifies that 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 participation in the CalHome Program. The City Council of the City of Azusa authorizes the City Manager, or 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. PASSED, APPROVED and ADOPTED this 19 day of September, 2022. Robert G ales Mayor ATTEST: a nce Cornej o r. City Cler STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) I HEREBY CERTIFY that the foregoing Resolution No. 2022-C74 was duly adopted by the City Council of the City of Azusa at a regular meeting thereof, held on the 19th day of September, 2022, by the following vote of Council: AYES: COUNCILMEMBERS: GONZALES, ALVAREZ, AVILA, MENDEZ, BECKWITH NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: 01 Je e wr Cornej o, Jr city Clerk APPROVED AS TO FORM: Best Bek & Krieger, LAP City Attorney