Report Prepared by: Kimberly Nutt, Housing Program Supervisor, with Dawn Mendonca, Housing Specialist, Housing Division/Development Services Department
Title
SUBJECT: Approval of First Amendment to the Subrecipient Agreement with Self-Help Enterprises for Administration of State of California Department of Housing and Community Development (HCD) CalHome 2021 Programs; and, Acceptance of the Revisions to CalHome 2021 Guideline Documents for the Homebuyer Acquisition Only, Owner-Occupied Rehabilitation, and Owner-Occupied ADU/JADU Programs
REPORT IN BRIEF
Considers approving of the First Amendment to the City of Merced Subrecipient Agreement with Self-Help Enterprises with corrections to align with the HCD CalHome 2021 Standard Agreement; and, considers acceptance of necessary revisions to the program guideline documents for each of the three programs administered by Self-Help Enterprises on behalf of the City (First Time Homebuyer, Owner Occupied Rehabilitation, and Owner-Occupied ADU/JADU construction) to increase the maximum loan amounts to reflect the changes published by HCD in 2024.
RECOMMENDATION
City Council - Adopt a motion:
A. Approving the First Amendment to the City of Merced Subrecipient Agreement with Self Help Enterprises, modifying the program funding details to correctly align with Exhibit E of the executed HCD CalHome 2021 Standard Agreement; and,
B. Approving the Revised CalHome 2021 First-Time Homebuyer Assistance Program Guidelines to match the HCD updated Guidelines; and,
C. Approving the Revised CalHome 2021 Owner-Occupied ADU/JADU's Program Guidelines to match the HCD updated Guidelines; and,
D. Approving the Revised CalHome 2021 Owner-Occupied Rehabilitation Program Guidelines to match the HCD updated Guidelines; and,
E. Authorizing the City Manager to execute all documents, amendments, or agreements necessary to complete the grant activities stipulated in the 2021 CalHome Standard Agreement #21-CALHOME-17112.
Body
ALTERNA...
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