Report Prepared by: Kimberly Nutt, Housing Program Specialist, Housing Division/Development Services Department
Title
SUBJECT: Adoption of a Resolution Authorizing Application for and Receipt of First-Time Homebuyer Program Grant Funding Through the California State Department of Housing and Community Development 2020 CalHOME Program
REPORT IN BRIEF
Authorizes Housing Division staff to apply for grant funding in association with a CalHome Program Notice of Funding Availability issued by the California State Department of Housing and Community Development, and authorizes the receipt of grant funds, if awarded.
RECOMMENDATION
City Council - Adopt a motion:
A. Adopting Resolution 2020-67, a Resolution of the City Council of the City of Merced, California, hereby authorizes the submittal of an application to the California State Department of Housing and Community Development for funding under the CalHome 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 CalHome Program; and,
B. Authorizing the Interim City Manager to execute the standard agreement and other necessary documents associated with the grant application and award process.
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
Municipal Code Section 200; California Health and Safety Code - HSC, Division 31, Part 16, Sections 54000-54034 (Veterans and Affordable Housing Bond Act of 2018); HCD Notice of Funding Availability (NOFA) - issued August 31, 2020.
CITY COUNCIL PRIORITIES
If awarded, this grant program will align with the City Council's FY 2020-21 Priority #10 for First-time Homebuyer Education Programs, by pr...
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