RES-2010-075RESOLUTION NO. 2010 -075
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM (I)
AUTHORIZING 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 454 SOUTH ANAHEIM BOULEVARD, (II) IF SELECTED
FOR SUCH FUNDING, AUTHORIZING THE EXECUTION OF A STANDARD
AGREEMENT, ANY AMENDMENTS THERETO AND ANY RELATED
DOCUMENTS NECESSARY TO PARTICIPATE IN THE BEGIN PROGRAM, AND
(III) IF SELECTED FOR SUCH FUNDING, AMENDING THE BUDGET FOR FISCAL
YEAR 2010 -11 ACCORDINGLY
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 Guidelines adopted by HCD on
April 27, 2009 (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, the Anaheim Redevelopment Agency and Anaheim Packing House LLC are
nearing the consummation of negotiations with respect to the development of an approximately
eighty -eight (88) unit affordable housing development (the "Affordable Housing Development ")
at 454 South Anaheim Boulevard; and
WHEREAS, the City of Anaheim, a municipal corporation and charter city, (the "City ")
desires to submit an application to HCD for Three Million Two Hundred Thousand Dollars
($3,200,000) of BEGIN Program Funding to be used to provide down payment assistance of up
to the lesser of (i) twenty percent (20 %) of the sales price or (ii) Eighty Thousand Dollars
($80,000) to first time homebuyers (x) who acquire homes in the Affordable Housing
Development and (y) have household incomes that do not exceed one hundred twenty percent
(120 %) of area median income (the "Application ").
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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 hereby 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.
Section 5. Amendment of Budget. Contingent upon the award of a grant and the receipt of
funds based upon the Application, the annual budget of the Community Development
Department of the City for Fiscal Year 2010 -11 shall be amended by increasing the
appropriations and authorized expenditures in the amount equal to the amount of grant funds
received by the City.
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THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED BY
THE CITY COUNCIL OF THE CITY OF ANAHEIM THIS TWENTY- SECOND (22 DAY
OF JUNE, 2010 BY THE FOLLOWING ROLL CALL VOTE:
AYES: Mayor Pringle, Council Members Sidhu, Hernandez, Galloway, Kring
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
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MA OR OF THE CIT F AVAHEIM
ATTEST:
Ici,
CLERK OF THE CITY OF AIAHEIM
APPROVED AS TO FORM:
CRISTINA L. TAJ LEY, CITY ATTORNEY
WOODHEAD IV
City Attorney
77299.1
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