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AHA-2006-002 RESOLUTION NO. A1J1.;.2806-02 RESOLUTION OF THE ANAHEIM HOUSING AUTHORITY (I) AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO TIlE 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 PARTNERSIDP PROGRAM AND (Ill) IF SELECTED FOR SUCH FUNDING, AMENDING THE BUDGET FOR FISCAL YEAR 2006-07 ACCORDINGLY - WHEREAS, the California Housing Finance Agency ("CHF A") 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 CHF A 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 CHF A, 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 2006-07 shall be amended by increasing the appropriations and authorized expenditures in the amount equal to the amount of grant funds received by the City. THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED BY THE GOVERNING BOARD OF THE ANAHEIM HOUSING AUTHORITY THIS SIXTEENTH (16TH) DAY OF MAY, 2006 BY THE FOLLOWING ROLL-CALL VOTE: AYES: Chairman Prin$l~. Authority Members Sidhu. Hernande.z. Galloway. Chavez NOES: None ABSTAIN: None ABSENT: None .-. ~~AHEIMHOUSmG AUTHORITY .-. 61641.1