2005-219RESOLUTION N0. 2005-219
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 THE SOUTHWEST
CORNER OF ANAHEIM BOULEVARD AND SANTA ANA STREET, (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 2005-06 ACCORDINGLY
WHEREAS, the California Department of Housing and Community Development ("HCD"}has
~'~ issued a Notice of Funding Availability ("NUFA") 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 S,
2003, as amended by HCD on March 4, 2005 {as amended, the "BEGIN Program Guidelines");
and
WHEREAS, funding made available under the NUFA 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, afifty-six (56) unit affordable housing development (the "Affordable Housing
Development") is being constructed at the southwest corner of Anaheim Boulevard and Santa
Ana Street in the City of Anaheim pursuant to that certain Amended and Restated Disposition
and Development Agreement dated as of August 31, 2003 by and between the Anaheim
Redevelopment Agency and WL Homes LLC; and
WHEREAS, the City of Anaheim, a municipal corporation and charter city, (the "City")desires
to submit an application to HCD for Two Hundred Forty Thousand Dollars ($240,000) 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 ".gpplicat~on").
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.
Section 5. Amendment of Fiscal Year 2005-Ob Budget. Contingent upon the award of a
grant and the receipt of funds based upon the Application, the annual budget of the City of
Anaheim for Fiscal Year 2005-06 is hereby amended by increasing the appropriations and
authorized expenditures in Program No. 706-7214 in the amount equal to the amount of grant
funds received by the City.
THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED BY THE
CITY COUNCIL OF THE CITY OF ANAHEIM THIS FIFTEENTH (15TH) DAY OF
NOVEMBER, 2005, BY THE FOLLOWING ROLL CALL VOTE:
:r..
AYES: Mayor Pringle, Council Members Sidhu, Hernandez, Galloway, Chavez
NOES: None
ABSTAIN: None
ABSENT: None
MAY R
ATTEST:
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Y CLE ~ 59812.1
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