HomeMy WebLinkAbout24969RESOLUTION NO. 24969
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF PALM SPRINGS,
CALIFORNIA, AUTHORIZING JOINT
APPLICATION TO AND PARTICIPATION
IN THE HOMEKEY 2 PROGRAM.
THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY FIND
AS FOLLOWS:
A. The Department of Housing and Community Development ("Department")
has issued a Notice of Funding Availability, dated September 9, 2021
("NOFA"), for the Homekey Program ("Homekey" or "Program"). The
Department has issued the NOFA for Homekey grant funds pursuant to
Health and Safety Code section 50675.1.3 (Assem. Bill No. 140 (2021-
2022 Reg. Sess.), § 20.).
B. The City of Palm Springs ("Co -Applicant") desires to jointly apply for
Homekey grant funds with the County of Riverside ("Corporation").
Therefore, Co -Applicant is joining Corporation in the submittal of an
application for Homekey funds ("Application") to the Department for review
and consideration.
C. The Department is authorized to administer Homekey pursuant to the
Multifamily Housing Program (Chapter 6.7 (commencing with Section
50675) of Part 2 of Division 31 of the Health and Safety Code). Homekey
funding allocations are subject to the terms and conditions of the NOFA,
the Application, the Department -approved STD 213, Standard Agreement
("Standard Agreement"), and all other legal requirements of the Homekey
Program.
THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY
RESOLVE AS FOLLOWS:
Co -Applicant is hereby authorized and directed to submit a joint Application
to the Department in response to the NOFA, and to jointly apply for
Homekey grant funds in a total amount not to exceed $50,000,000.
2. If the Application is approved, Co -Applicant is hereby authorized and
directed to enter into, execute, and deliver a Standard Agreement in a total
amount not to exceed $50,000,000, any and all other documents required
or deemed necessary or appropriate to secure the Homekey funds from
the Department and to participate in the Homekey Program, and all
amendments thereto (collectively, the "Homekey Documents").
3. Co -Applicant acknowledges and agrees that it shall be subject to the terms
Resolution No. 24969
Page 2
and conditions specified in the Standard Agreement, and that the NOFA
and Application will be incorporated in the Standard Agreement by
reference and made a part thereof. Any and all activities, expenditures,
information, and timelines represented in the Application are enforceable
through the Standard Agreement. Funds are to be used for the allowable
expenditures and activities identified in the Standard Agreement.
4. The Palm Springs City Manager, or his or her designee, is authorized to
execute the Application and the Homekey Documents on behalf of Co -
Applicant for participation in the Homekey Program.
PASSED, APPROVED AND ADOPTED BY THE PALM SPRINGS CITY
COUNCIL THIS 13th DAY OF JANUARY 2022.
ATTEST:
NTHONY JIA,
ITY CLER
TER SA GALLAVAN,
ASSISTANT CITY MANAGER
CERTIFICATION
Resolution No. 24969
Page 3
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS)
I, ANTHONY MEJIA, City Clerk of the City of Palm Springs, California, hereby
certify that Resolution No. 24969 was adopted by the Palm Springs City Council at a
regular meeting held on the 13th day of January 2022, and that the same was adopted by
the following vote:
AYES: Councilmembers Holstege, Kors, Woods, Mayor Middleton, and Mayor Pro
Tern Garner
NOES: None
ABSENT: None
ABSTAIN: None
IN WITNESS WHEREOF, I have hereunto set my hand
City of Palm Springs, California, this +, day of
' ANTHONY
City of Palm I
affixed the official seal of the
C%CITY CLERK
lifornia
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