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To: Honorable City Council
From: Nancy Burns, Senior Management Analyst
Date: June 1, 2001 (CC Meeting of June 20, 2001)
Subject: Consider Resolution No. Authorizing
Application for Manufactured Housing Funds and
Authorizing City Manager to Execute All Documents
Required to Participate in Program
BACKGROUND
The California Department qg Housing and Community Development
(HCD) is accepting appligations for Manufactured Housing
Replacement or Rehabilitation under the CalHome Program.
Approximately $6,830,000 is available. The funds must be used
to replace or rehabilitate tubstandard mobilehomes. HCD Staff
has advised that any funds not awarded Joy June 30, 2001, will be
re- allocated to other programs.
DISCUSSION
Funds to replace or rehabilitate substandard mobilehomes are
available through HCD to provide deferred loans to Low Income
households at 0 -3o interest. The average amount of assistance
per household from this source is limited to $10,000; these
funds may be leveraged with other funding sources. When the
loans are repaid, the funds return to a City - established housing
reuse account. Staff recommends requesting $420,000, sufficient
for 40 loans at an average;. $10,000 each, plus a 5% service
delivery fee. Funds must be utilized within 28 months of award.
RECOMMENDATION
Approve Resolution No.
RESOLUTION NO. 2001-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AUTHORIZING SUBMITTAL
OF AN APPLICATION TO THE STATE OF CALIFORNIA
DEPARTMENT OF HOUSING AND COMMUNITY
DEVELOPMENT (HCD) FOR FUNDING UNDER THE
CALHOME PROGRAM AND -EXECUTION OF THE STANDARD
AGREEMENT, ANY AMENDMENTS THERETO, AND ALL
OTHER DOCUMENTS REQUIRED BY HCD FOR
PARTICIPATION
WHEREAS, the City of Moorpark, a municipal corporation,
wishes to apply for and receive an allocation of funds in the
total amount of $420,000 through the State of California
Department of Housing and Community Development (HCD) CalHome
Program.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. In response to the Notice of Funding
Availability issued on March 9, 2001, the City of Moorpark
shall submit to HCD an application to participate in the
CalHome Program, requesting a funding allocation for
mobilehome replacement and owner- occupied rehabilitation in
the amount of $420,000 in the City of Moorpark.
SECTION 2. If the application for funding is approved,
the City of Moorpark hereby agrees to use the CalHome funds
for eligible activities in the manner presented in the
application as approved by HCD, and in accordance with the
CalHome Program Guidelines and /or Program Regulations.
SECTION 3. The City of Moorpark authorizes the City
Manager to execute in the name of the City of Moorpark, all
documents required by HCD for participation in the CalHome
Program.
Resolution No. 2001 -
Page 2
SECTION 4. The City Clerk shall certify to the adoption
of this resolution and shall cause a certified resolution to
be filed in the book of original resolutions.
PASSED AND ADOPTED this 20th day of June, 2001.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk