2004-021RESOLUTION NO. 2004-21
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM
AUTHORIZING (1) THE SUBMITTAL OF AN APPLICATION TO THE
CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY
DEVELOPMENT FOR FUNDING UNDER THE BEGIN PROGRAM FOR THE
AFFORDABLE HOUSING PROJECT LOCATED AT 2300-2330 WEST
LINCOLN AVENUE, AND (II) IF SELECTED FOR SUCH FUNDING, THE
EXECUTION OF A STANDARD AGREEMENT, ANY AMENDMENTS
THERETO AND ANY RELATED DOCUMENTS NECESSARY TO
PARTICIPATE 1N THE BEGIN PROGRAM
WHEREAS, the California Department of Housing and Community Development ("HCD") has
issued a Notice of Funding Availability ("NOFA") for the BEGIN Program established by
Chapter 14.5, Sections 50860 through 50866 of Part 2 of Division 31 of the California Health
and Safety Code (the "Statute"); and
WHEREAS, pursuant to the Statute, HCD is authorized to approve funding allocations utilizing
monies made available by the State Legislature to the BEGIN Program, subject to the terms and
conditions of the Statute and the BEGIN Program Regulations adopted by HCD on December 5,
2003 (the "BEGIN Program Guidelines"); and
WHEREAS, funding made available under the NOFA for the BEGIN Program ("BEGIN
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 one hundred
twenty percent (120%) of area median income; and
WHEREAS, an eighty-two (82) unit affordable housing development (the "Affordable Housing
Development") is being constructed at 2300-2330 of West Lincoln Avenue in the City of
Anaheim pursuant to that certain First Amended and Restated Disposition and Development
Agreement dated as of January 7, 2003 by and between the Anaheim Redevelopment Agency and
Brookfield Southland Holdings LLC; and
WHEREAS, the City of Anaheim, a municipal corporation and charter city, (the "City") desires
to submit an application to HCD for Seven Hundred Eighty Thousand Dollars ($780,000) of
BEGIN Program Funding to be used to provide down payment assistance of up to Thirty
Thousand Dollars ($30,000) to first time homebuyers (i) who acquire homes in the Affordable
Housing Development and (ii) have household incomes that do not exceed one hundred twenty
percent (120%) of area median income (the "Application").
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ANAHEIM DOES
HEREBY RESOLVE AS FOLLOWS:
Section 1. Approval of Application. The Application is hereby approved.
Section 2. Authority to Execute and Submit Application. The Executive Director of the
City's Community Development Department, or her designee, is hereby authorized and directed
to execute and submit the Application to HCD.
Section 3. Authority to Execute Documents and Take Further Actions. The Executive
Director of the City's Community Development Department, or her designee, is hereby
authorized and directed, if the City is selected by HCD to receive BEGIN Program Funding, to
take such other actions as are consistent with the Application, including the execution of the
Standard Agreement prepared by HCD and all other documents and amendments required by
HCD for participation in the BEGIN Program.
Section 4. Agreement to Utilize BEGIN Program Funding in a Manner Consistent with
the Application and the BEGIN Program Guidelines. The City here agrees to use BEGIN
Program Funding for eligible activities in the manner presented in the Application as approved
by HCD and in accordance with the BEGIN Program Guidelines, if selected by HCD to receive
such funding.
THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED BY THE
CITY COUNCIL OF THE CITY OF ANAHEIM THIS TENTH (10T") DAY OF
FEBRUARY, 2004.
MAYOR OF THE ANAHEIM
ATTEST:
dLERK (~F ~HE'CITY OF ANAHEIM
52884.1
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, SHERYLL SCHROEDER, City Clerk of the City of Anaheim, do hereby certify that the foregoing
Resolution No. 2004-21 was introduced and adopted at a regular meeting provided by law, of the
Anaheim City Council held on the 10th day of February 2004, by the following vote of the
members thereof:
AYES:
MAYOR/COUNCIL MEMBERS:
Pringle, Tait, McCracken, Chavez, Hernandez,
NOES: MAYOR/COUNCIL MEMBERS: None
ABSTAINED: MAYOR/COUNCIL MEMBERS:
None
ABSENT: MAYOR/COUNCIL MEMBERS: None
CFTY CLERg: OF TFtE CITY OF ANAHEIM
(SEAL)