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HomeMy WebLinkAboutReso 2014-108 RESOLUTIO?� NO. 2014-1OS RESOLUTION OF THE CITI' COUNCIL OF THE CITI' OF CHULA VISTA AUTHORIZII�'G THE SUBn41TTAL OF .A?�' APPLICATION TO THE CALIFORt�TIA STATE DEPARTn4ENT OF HOUSING AI�'D COMMUT'ITY DE\'ELOPA4ENT FOR FUI3DI\'G UI�TDER THE CALHOME PROGRAM: AUTHORIZ[1�'G THE CITY n4ANAGER OR HIS DESIGI�'EE TO E,l'ECUTE A STANDARD AGREEMENT IF SELECTED FOR Sl1CH FUi�TDII�'G .4ND AI�TY A1�4ENDMENI'S THERETO: A1�TY RELATED DOCliMENTS NECESSARY TO PARTIC[PATE Ii�' THE CALHOME PROGRAM l�'HEREAS; the City of Chula \'ista, a political subdivision of the State of Califomia, �i�ishes to appl}� for and receive an allocation of funds through the CaIHOA4E Program; and �'�'HEREAS. The Califomia Department of Housin2 and Communih� Development (hereinafrer referred to as "HCD") has issued a I�'otice of Fundine Availabilin� (`NOFA") for the CalHome proeram established by Chapter 84, Statutes of 2000 (SB 16�6 Alarcon), and codified in Chapter 6 (commencina with Section �06�0) of Part 2 of Di��ision 31 of the Health and Safetv Code (the "statute"). Pursuant to the statute; HCD is authorized to approve funding allocations utilizine monies made a��ailable bv the State Leeislamre to the CalHome proeram; subject to the terms and conditions of the statute and the CalHome Pro�ram Regulations adopted by HCD in April 2004; and ���HEREAS. the Citv of Chula Vista «ishes to submit an application to obtain from HCD an allocation of CalHOn9E funds in the amount of�1.000.000: and �V7-IEREAS. staff seeks the CalHome Proeram funds in order to leveraee the HOA4E Im�estment Partnership Pro2ram funds used in the Cim's Homebu��er Assistance Program; and V�'HEREAS, the City and Communitv HousineWorks entered into to an a�reement, dated September 1 1. 2013. for management of the Citv's First Time Homebuyer Assistance Program. NO�'. THEREFORE. BE IT RESOLVED b�� the Citv Council of the Citv of Chula Vista as follo�tis: 1. The Cit�� of Chula Vista shall submit to HCD an application to participate in the CalHome Pro�ram in response to the \TOFA issued on Aoril 29. 2014 ���hich �vill request a fundine allocation for the follo���ine acti��ities: • First Time Home Bu��er Assistance up to �40,000 For each applicant and related project deli��er�� costs. for a total amount of�1.000:000 Resolution No. ?014-108 Pase 2 The properties are located in the Cit} of Chula Vista. 2. If the application for funding is appro�-ed. the Cirv of Chula V'ista hereb�� aerees to use the CalHome funds for eligible acti��ities in the manner presented in the application as approved by HCD and in accordance with program regulations cited above. It also may execute any and all other instruments necessary or required by HCD for participation in the CalHome Prooram. 3 The City of Chula Vista authorizes the City Manager or his designee to execute in the name of the Cit}� of Chula Vista. the application, the Standard Agreement and all other documents required bv HCD for participation in the CalHome Program. and an�� amendments thereto. Presented bv Approved as to form bv ,�� .Tames D. S doval Glen R. �Uaogins � City Manag r Crt,y`tt�rc��y Resolution No. 2014-IOS Pase 3 PASSED. APPRO\%ED. and .4DOPTED bv the Cin Council of the Cit�� of Chula Vista. Califomia this 17th da�• of June 2014 b� the follo�rine ��ote: AYES: Councilmembers: Aeuilar. Bensoussan. Ramirez. Salas and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: \'one � Chen�l Cox. avo ATTEST: ��� �� Donna R. Norris. CMC. Citv Clerk STATE OF CALIFORi\'IA ) COL7NT1' OF SAN DIEGO ) CITY OF CHULA VISTA ) I. Donna R. Norris. Citv Clerk of Chula Vista, Califomia. do herebvi certifi� that the foreaoina. Resolution No. 2014-108 «�as dul�� passed, appro��ed. and adopted by the Cit�� Council at a reeulaz meetine of the Chula Vista Citv Council held on the 17th da� of June 2014. Executed this 17th da�� of June 2014. �� � ��� Donna R. I�'oms CA4C. Citv Clerk