HomeMy Public PortalAbout2023.014 (02-21-2023)RESOLUTION NO. 2023.014
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORIZING THE SUBMISSION OF AN APPLICATION TO THE
CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY
DEVELOPMENT FOR FUNDING UNDER THE CALHOME PROGRAM;
THE EXECUTION OF A STANDARD AGREEMENT IF SELECTED FOR
SUCH FUNDING AND ANY AMENDMENTS THERETO; AND ANY
RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE
CALHOME PROGRAM
WHEREAS, the City of Lynwood, a political subdivision of the State of California.
wishes to apply for and receive an allocation of funds through the CalHome Program; and
WHEREAS, the California Department of Housing and Community Development
hereinafter referred to as " HCD " has issued a Notice of Funding Availability ("NOFA ")
on January 6, 2023, for the CalHome program established by Chapter 84, Statutes of
2000 (SB 1656 Alarcon), and codified in Chapter 6 (commencing with Section 50650) of
Part 2 of Division 31 of the Health and Safety Code (the " statute"). Pursuant to the statute,
HCD is authorized to approve funding allocations utilizing monies made available by the
State Legislature to the CalHome program, subject to the terms and conditions of the
statute and the CalHome Program Regulations adopted by HCD in April 2004; and
WHEREAS, the City of Lynwood wishes to submit an application for an allocation
of CalHome Program funds in the amount up to Five Million Dollars ($5,000,000): and
WHEREAS, the City of Lynwood, upon the award of said grant funding, wishes to
enter into a Professional Service Agreement with Global Urban Strategies, Inc. for the
Administration of the CalHome Program (including loan servicing, monitoring, Homebuyer
Education, and submittal of reimbursement requests), program eligibility and vetting of
applicants: and
WHEREAS, Global Urban Strategies. Inc. has extensive experience administering
various state and federally funded programs including the CalHome Program and will be
compensated directly from the administration fees allocated by the program.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lynwood
as follows:
SECTION 1. The City Council hereby finds that the foregoing recitals are true and
correct and are incorporated into the body of this Resolution by this reference.
SECTION 2. The City of Lynwood shall submit to HCD an application to participate
in the CalHome Program in response to the NOFA issued on January 6, 2023, which will
request a funding allocation of up to $5.000,000 for the following programs: First -Time
Homebuyer Mortgage Assistance Programs ($2.800,000.00) and an Owner - Occupied
1
Rehabilitation Loan Program ($2,200,000.00), all located within the boundaries of the City
of Lynwood.
SECTION 3. If the application for funding is approved, the City of Lynwood 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 program regulations cited above.
The application in full is incorporated as part of the Standard Agreement. Any and all
activities funded, information provided, and timelines represented in the application are
enforceable the Standard Agreement. The City of Lynwood acknowledges and agrees
that it may be required to execute any and all other instruments necessary or required by
HCD for participation in the CalHome Program.
SECTION 4. The City of Lynwood authorizes the City Manager to execute in the
name of the City of Lynwood. the application, the Standard Agreement and any
subsequent amendments or modifications thereto, as well as any other documents
required by HCD for participation in the CalHome Program, and any amendments thereto.
SECTION 5. Authorize the Mayor to execute the Resolution for and on behalf of
the City of Lynwood.
SECTION 6. The City Clerk shall attest and certify to the passage and adoption of
this Resolution and enter it into the book of original resolutions, and it shall become
effective immediately upon its approval.
PASSED, APPROVED AND ADOPTED THIS 21ST DAY OF FEBRUARY 2023
Oscar Flores, Ma r
ATTEST:
Maria Quinonez,
City Clerk
O
Noel Tapia,
City Attorney
APPROVED AS TO FORM:
Ern Hernandez,
C Manager
APPROVED AS TO CONTENT:
Harry Wong,
Director of Finance & Administration
2
STATE OF CALIFORNIA
)§
COUNTY OF LOS ANGELES )
I, Maria Quinonez, the undersigned, City Clerk of the City of Lynwood, do hereby
certify that the foregoing Resolution was passed and adopted by the City Council of the
City of Lynwood at a regular meeting held on the 21st day of February 2023.
AYES: COUNCIL MEMBERS CAMACHO, MUNOZ-GUEVARA, SOLACHE,
MAYOR PRO TEM SOTO AND MAYOR FLORES
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
(
Maria • uinonez,
City Clerk
STATE OF CALIFORNIA
)§
COUNTY OF LOS ANGELES
I, Maria Quinonez, the undersigned, City Clerk of the City of Lynwood, and the
Clerk of the City Council of said City, do hereby certify that the above foregoing is a full,
true and correct copy of Resolution No. 2023.014 on file in my office and that said
Resolution was adopted on the date and by the vote therein stated. Dated this 21st day
of February 2023.
diot,
Maria Quinonez
City Clerk
3