AHA-2007-001RESOLUTION NO. AHA2007-001
RESOLUTION OF THE ANAHEIM HOUSING AUTHORITY
(I) AUTHORIZING THE SUBMITTAL OF AN APPLICATION
TO THE CALIFORNIA HOUSING FINANCE AGENCY FOR
FUNDING UNDER THE HOUSING ENABLED BY LOCAL
PARTNERSHIP PROGRAM, (II) IF SELECTED FOR SUCH
FUNDING; AUTHORIZING THE EXECUTION OF
DOCUMENTS NECESSARY TO PARTICIPATE IN THE
HOUSING ENABLED BY LOCAL PARTNERSHIP
PROGRAM AND (III) IF SELECTED FOR SUCH FUNDING,
AMENDING THE BUDGET FOR FISCAL YEAR 2007-08
ACCORDINGLY
WHEREAS, the California Housing Finance Agency ("CHFA") is accepting
applications with respect to Housing Enabled by Local Partnership ("HELP") Program funding;
and
WHEREAS, HELP Program funding could be used to provide down payment assistance
to low and moderate income households in Anaheim; and
WHEREAS, the Anaheim Housing Authority (the "Authority") desires to submit an
application to CHFA for HELP Program funding to be used to provide down payment assistance
to low and moderate income households in Anaheim (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 CHFA, incur an indebtedness and execute loan agreements,
commit specific Authority resources, and take such other actions as are consistent with the
Application.
3. Contingent upon the award of a grant and the receipt of funds based upon the
Application, the annual budget of the Authority for Fiscal Year 2007-08 shall be amended by
increasing the appropriations and authorized expenditures in the amount equal to the amount of
grant funds received by the Housing Authority.
THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED
BY THE GOVERNING BOARD OF THE ANAHEIM HOUSING AUTHORITY THIS
TWENTIETH (20TH) DAY OF MARCH, 2007 BY THE FOLLOWING ROLL-CALL
VOTE:
AYES: Chairman Pringle, Authority Members Hernandez, Sidhu,
Galloway, Kring
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
CHAIRMAN OF TH AHEIM HOUSING
AUTHORITY
ATTEST•
ECRETARY OF EIM
HOUSING AUTHO
64854.1