Resolution Number 01-11-06-04RESOLUTION NO. 01-11-06-04
A RESOLUTION THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO,CALIFORNIA, AUTHORIZING SUBMITTAL OF AN APPLICATION
TO THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY
DEVELOPMENT FOR FUNDING UNDER THE HOME INVESTMENT
PARTNERSHIPS PROGRAM, EXECUTION OF AN AGREEMENT, AND
DOCUMENTS
WHEREAS, the City of San Juan Capistrano, a political subdivision of the State of
California, wishes to apply for and receive an allocation of funds through the HOME
Investment Partnerships Program (hereinafter referred to as "HOME"); and
WHEREAS, the California Department of Housing and Community Development
(hereinafter referred to as the "Department") has issued a Notice of Funding Availability on
August 28, 2001 (as amended) for the HOME program and is authorized to approve
funding allocations which will be made available directly through the U.S. Department of
Housing and Urban Development (HUD) to be used for the purposes set forth in Title II of
the Cranston -Gonzalez National Affordable Housing Act of 1990, the implementing
regulations set forth in Title 24 of the Code of Federal Regulations, part 92, and Title 25
of the California Code of Regulations commencing with section 8200; and
WHEREAS, the City of San Juan Capistrano, wishes to submit an application to
obtain from the Department an allocation of HOME funds;
WHEREAS, the proposed program is consistent with the policies and objectives of
the San Juan Capistrano General Plan; and
WHEREAS, the proposed program is consistent with the policies and objectives of
the San Juan Capistrano Housing Element.
NOW, THEREFORE BE IT RESOLVED THAT:
The City of San Juan Capistrano shall submit to the Department an application to
participate in the HOME program in response to the Notice of Funding Availability
issued on August 28, 2001, as amended which will request a funding allocation for
the following activities:
First -Time Homebuyer Program - This program consists of providing secured,
second mortgage loans to income qualified households. Loans of up to $30,000 will
be provided to income -eligible first-time homebuyers purchasing a HOME eligible
housing unit within the City of San Juan Capistrano. The loan may be used for
down payment and/or closing costs.
Owner -Occupied Housing Rehabilitation Program -This program consists of
providing secured, zero percent interest rehabilitation loans to eligible low and
moderate income households. Loans of up to $30,000 is proposed to be provided
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to eligible households to make necessary health and safety and general repairs to
HOME eligible housing units located within the City of San Juan Capistrano.
2. If the application for funding is approved, the City of San Juan Capistrano hereby
agrees to use the HOME funds for eligible activities in the manner presented in the
application as approved bythe Department and in accordance with regulations cited
above. It also may execute any and all other instruments necessary or required by
the Department or HUD for participation in the HOME program.
3. The City of San Juan Capistrano authorizes the City Manager to execute in the
name of the City of San Juan Capistrano, the application and the Standard
Agreement. The City of San Juan Capistrano authorizes the City Manager,
Planning Director and/or Administrative Services Director to execute in the name of
the City of San Juan Capistrano all other documents required by the Department or
HUD for participation in the HOME program, and any amendments thereto.
PASSED, APPROVED AND ADOPTED this 6th day of November, 2001.
WYA7f HART, MAYOR
ATTEST:
R. MONAHAN, CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed City Clerk of the City of San Juan Capistrano, do
hereby certify that the foregoing Resolution No. 01-11-06-04 was duly adopted by the
City Council of the City of San Juan Capistrano, California, at a regular meeting thereof,
held the 6th day of November 2001, by the following vote:
AYES: COUNCIL MEMBERS: Hart, Swerdlin, Gelff, Campbell, and Chairman
Bathgate
NOES COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
--�4GARET R. MONAHAN, City Clerk
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