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HomeMy WebLinkAboutR-11412 authorizing Joint Application to, and participation in, the Homekey Round 3 Grant ProgramR 11412 RESOLUTION NO. 11412 (2023 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, AUTHORIZING JOINT APPLICATION TO, AND PARTICIPATION IN, THE HOMEKEY PROGRAM WHEREAS, the California Department of Housing and Community Development (“Department”) has issued a Notice of Funding Availability, dated March 29 , 2023 (“NOFA”), for the Homekey Program (“Homekey” or “Program”). The Department has issued the NOFA for Homekey grant funds pursuant to Health and Safety Code section 50675.1.3 (Assembly. Bill No. 140 (2021-2022 Reg. Sess.), § 20.); and WHEREAS, The City of San Luis Obispo (“The City”) desires to jointly apply for Homekey grant funds with People’s Self Help Housing (“Corporation”). Therefore, The City is joining Corporation in the submittal of an application for Homekey funds (“Application”) to the Department for review and consideration ; and WHEREAS, The Department is authorized to administer Homekey pursuant to the Multifamily Housing Program (Chapter 6.7 (commencing with Section 50675) of Part 2 of Division 31 of the Health and Safety Code. Homekey funding allocations are subject to the terms and conditions of the NOFA, the Application, the Department -approved STD 213, Standard Agreement (“Standard Agreement”), and all other legal requirements of the Homekey Program. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo to authorize the joint application to, and participation in, the Homekey program as follows: SECTION 1. Recitals. The recitals set forth above are hereby adopted as the findings of the City in adopting the policies herein. SECTION 2. Environmental Review. As provided by Health and Safety Code section 50675.1. the guidelines allow for exemption of certain Round 3 Homekey Projects from the California Environmental Quality Act (CEQA). Evaluation of potential environmental impacts in accordance with CEQA will occur if during the application submittal or funding award it is determined that the project is not exempt per HSC section 50675.1.4. SECTION 3. Findings. The City Council, after consideration of the Homekey Program and staff recommendations, makes the following findings: 1. The City is hereby authorized and directed to submit a joint Application to the Department in response to the NOFA, and to jointly apply for Homekey grant funds for an anticipated project cost of $9,000,000. Per the Homekey grant provisions, it is recommended to identify an authorized dollar amount that is at least double the anticipated award. As such, the total authorized amount shall not exceed $18,000,000. DocuSign Envelope ID: 616843CC-9821-4F0F-908E-D7915D7D8454 Resolution No. 11412 (2023 Series) Page 2 R 11412 2. If the Application is approved, the City is hereby authorized and directed to enter into, execute, and deliver a Standard Agreement in a total amount not to exceed $18,000,000, any and all other documents required or deemed necessary or appropriate to secure the Homekey funds from the Department and to participate in the Homekey Program, and all amendments thereto (collectively, the “Homekey Documents”). 3. The City acknowledges and agrees that it shall be subject to the terms and conditions specified in the Standard Agreement, and that the NOFA and Application will be incorporated in the Standard Agreement by reference and made a part thereof. Any and all activities, expenditures, information, and timelines represented in the Application are enforceable through the Standard Agreement. Funds are to be used for the allowable expenditures and activities identified in the Standard Agreement. DocuSign Envelope ID: 616843CC-9821-4F0F-908E-D7915D7D8454 Resolution No. 11412 (2023 Series) Page 3 R 11412 4. The City Manager of the City of San Luis Obispo, or their designee, is authorized to execute the Application and the Homekey Documents on behalf of the City for participation in the Homekey Program. Upon motion of Council Member Pease, seconded by Council Member Shoresman, and on the following roll call vote: AYES: Council Member Francis, Pease, Shoresman, Vice Mayor Marx, and Mayor Stewart NOES: None ABSENT: None The foregoing resolution was adopted this 18th day of April 2023. ___________________________ Mayor Erica A. Stewart ATTEST: ______________________ Teresa Purrington, City Clerk APPROVED AS TO FORM: ______________________ J. Christine Dietrick, City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, on ______________________. ___________________________ Teresa Purrington, City Clerk DocuSign Envelope ID: 616843CC-9821-4F0F-908E-D7915D7D8454 4/20/2023 | 2:56 PM PDT