Report Prepared by: Leah Brown, Management Analyst, Development Services
Title
SUBJECT: Adoption of a Modified Resolution Authorizing the Previously Approved Homekey+ Grant Application with Up Holdings California, LLC and UP Mercy Village LP and Rescinding Resolution 2025-06
REPORT IN BRIEF
Considers adopting a modified resolution due to changes desired by the Housing and Community Development Department (HCD) authorizing the submittal of a joint application for participation in HCD Homekey+ Grant Program with Up Holdings California, LLC and UP Mercy Village LP and Rescinding Resolution 2025-06.
RECOMMENDATION
City Council - Adopt a motion:
A. Rescinding previously approved Resolution 2025-06; and,
B. Adopting Resolution 2025-15, a Resolution of the City Council of the City of Merced, California, rescinding Resolution No. 2025-06 and authorizing a Joint Application and Participation in the Homekey 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 Homekey Program; and,
C. Authorizing the City Manager to execute the Standard Agreements if selected for such funding and any amendments thereto, and any related documents necessary to participate in the Homekey+ Grant Program
Body
ALTERNATIVES
1. Approve, as recommended by staff; or,
2. Approve, with modifications; or,
3. Deny the request completely; or,
4. Refer to staff for reconsideration of specific items as requested by Council; or,
5. Continue to a future City Council meeting (date and time to be specified in the motion).
AUTHORITY
Charter of the City of Merced, Section 200.
CITY COUNCIL PRIORITIES
As provided for in the 2024-2025 Adopted Budget and the City Council's Pro-Housing Policies.
DISCUSSION
On January 21, 2025, City Council approved Resolution 2025-06, authorizing the submittal of a joint application for participation in HCD Homekey+ Grant Program with Up Holdings Califo...
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