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AHA-2003-004RESOLUTION NO. P.H~003-4 RESOLUTION OF THE ANAHEIM HOUSING AUTHORITY AUTHORIZING (I) THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE CALHOME PROGRAM, AND (II) THE EXECUTION OF A STANDARD AGREEMENT IF SELECTED FOR SUCH FUNDING, ANY AMENDMENTS THERETO AND ANY RELATED DOCUMENTS NECESSARY TO' PARTICIPATE IN THE CALHOME PROGRAM WHEREAS, the the California Department of Housing and Community Development ("HCD") has issued a Notice of Funding Availability ("NOFA") for the CalHome program established by Chapter 84, Statutes of 2000 (SB 1656 Alarcon), and codified in Chapter 6 (commencing with Section 59650) of Part 2 of Division 31 of the Health and Safety Code (the "Statute"). WHEREAS, pursuant to the Statute, HCD is authorized to approve funding allocations utilizing monies made available by the State Legislature to the CalHome program, subject to the terms and conditions of the Statute and the CalHome Program Regulations adopted by HCD on July 15, 2003; and WHEREAS, funding made available under the NOFA ("CalHome Program Funding") could be used to provide, among other things, down payment assistance to first time homebuyers in Anaheim with household incomes that do not exceed eighty percent (80%) of area median income; and WHEREAS, the Anaheim Housing Authority (the "Authority") desires to submit an application to HCD for CalHome Program Funding to be used to provide down payment assistance to tn'st time homebuyers in Anaheim with household incomes that do not exceed eighty percent (80%) of area median income (the "Application"). NOW, THEREFORE, THE GOVERNING BOARD OF THE ANAHEIM HOUSING AUTHORITY DOES HEREBY RESOLVE AS FOLLOWS: 1. The Application is hereby approved. 2. The Executive Director, or her designee, is hereby authorized and directed to execute and submit the Application to HCD. 3. The Executive Director, or her designee, is hereby authorized and directed, if the Authority is selected by HCD to receive CalHome Program Funding, to take such other actions as are consistent with the Application, including the execution of all documents required by HCD for participation in the CalHome Program. THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED BY THE GOVERNING BOARD OF THE ANAHEIM HOUSING AUTHORITY THIS TWENTY-SIXTH (26TM) DAY OF AUGUST, 2~ ~ CHAIRMAN ANAHEIM HOUSING AUTHORITY ATTEST: OF THE ANAHEIM HOUSING AUTHORITY 50873.1 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) .CITY OF ANAHEIM ) I, SHERYLL SCHROEDER, Secretary of the Anaheim Housing Authority, do hereby certify that the foregoing Resolution No. AHA2003-4 was passed and adopted at a regular meeting of the Anaheim Housing Authority held on the 26th day of August, 2003 by the following vote of the members thereof: AYES: NOES: ABSTAINED: ABSENT: CHAIRMAN/AUTHORITY MEMBERS: Chavez CHAIRMAN/AUTHORITY MEMBERS: None CHAIRMAN/AUTHORITY MEMBERS: None CHAIRMAN/AUTHORITY MEMBERS: None Hernandez, McCracken, Pringle, Tait SECRETARY OF THE ANAHEIM HOUSING AUTHORITY (SEAL)