Report Prepared by: Kimberly Nutt, Housing Program Supervisor/Housing Division, and Scott McBride, Development Services Director/Development Services Department
Title
SUBJECT: Adoption of a Resolution Authorizing the Submittal of a Joint Application and Participation in the State of California Housing and Community Development (HCD) Homekey Program
REPORT IN BRIEF
Authorizes the submittal of a joint application and participation in the State of California Department of Housing and Community Development Department (HCD) Homekey Program.
RECOMMENDATION
City Council - Adopt a motion:
A. Adopting Resolution 2022-03, a Resolution of the City Council of the City of Merced, California, 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,
B. Authorizing the City Manager or Deputy City Manager to execute the 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 Finance Officer to make any budget amendments necessary for the implementation of the use of the Homekey Program; and,
D. Authorizing the use of pooled cash until reimbursement if grant is awarded from the Homekey 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
Fiscal Year 2021/22 Adopted Goals and Priorities, 4. Housing and Homelessness, ii.
DISCUSSION
The State of California HCD has issued a NOFA for funding under the Homekey Program....
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