Title
Resolution authorizing the submittal of an application to the California State Department of Housing and Community Development (HCD) for funding under the CalHome Program; the execution of a Standard Agreement and any amendments thereto if selected for such funding; and the execution of any additional documents necessary to participate in the CalHome Program.
Discussion
[Description/Discussion]
Timing Considerations
[Timing Considerations]
Fiscal Impact
[Fiscal Impact]
SUGGESTED ACTION
Adopt Resolution for $1,000,000 and authorize City Manager to execute all necessary documents upon funding approval.
Body
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LONG BEACH AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT (HCD) FOR FUNDING UNDER THE CALHOME PROGRAM; THE EXECUTION OF A STANDARD AGREEMENT AND ANY AMENDMENTS THERETO IF SELECTED FOR SUCH FUNDING; AND THE EXECUTION OF ANY ADDITIONAL DOCUMENTS NECESSARY TO PARTICIPATE IN THE CALHOME PROGRAM
Respectfully Submited,
[Respectfully Submited,]