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RES 02049
City of Pleasanton
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RES 02049
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Last modified
6/19/2002 11:38:05 PM
Creation date
6/19/2002 10:41:56 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
5/21/2002
DOCUMENT NO
RES 02049
DOCUMENT NAME
HOME FUNDS
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CITY COUNCIL OF THE CITY OF PLEASANTON <br />ALAMEDA COUNTY, CALIFORNIA <br />RESOLUTION NO. 02-049 <br /> <br />RESOLUTION AUTHORIZING THE CITY MANAGER TO <br />EXECUTE A COOPERATIVE AGREEMENT BETWEEN <br />THE CITY AND THE COUNTY OF ALAMEDA TO <br />PARTICIPATE IN THE ALAMEDA COUNTY HOME <br />CONSORTIUM FOR A PERIOD OF THREE YEARS (FISCAL <br />YEARS 2003, 2004, AND 2005) FOR THE PURPOSES OF <br />SECURING FEDERAL HOME FUNDS <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />the Congress of the United States enacted the Cranston-Gonzalez National <br />Affordable Housing Act of 1990 and Federal regulations have been adopted <br />pursuant thereto, hereinafter called the "Act"; and <br /> <br />Title II of the Act creates the Home Investment in Affordable Housing Program <br />hereinafter called "HOME", that provides funds to states and local governments <br />for acquisition, rehabilitation, new construction of affordable housing and <br />tenant-based rental assistance; and <br /> <br />the Act requires local governments to formulate a Consolidated Plan as part of the <br />eligibility requirements for HOME funds; and <br /> <br />funds from Title II are distributed to metropolitan cities, urban counties, states, and <br />consortia of local governments; and <br /> <br />the Act allows local governments to form consortia for the purpose of receiving <br />and administering HOME funds and carrying out the purposes of the Act; and <br /> <br />the Act requires that a local government member of an urban county may <br />participate in a consortium only through the urban county, and the County of <br />Alameda is the lead agency of the Alameda County Urban County; and <br /> <br />the Act requires that a consortium shall have one member unit of general local <br />government authorized to act in a representative capacity for all members for <br />purposes of the Act and to assume overall responsibility for the Act, including <br />requirements concerning the Consolidated Plan; and <br /> <br /> <br />
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