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RESOLUTION NO. 17-957 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> AUTHORIZING THE CITY'S CONTINUED PARTICIPATION IN THE ALAMEDA <br /> COUNTY HOME CONSORTIUM FOR HOME FUNDS AND AUTHORIZING <br /> EXECUTION OF THE NECESSARY DOCUMENTS TO MAINTAIN THE <br /> ELIGIBILITY OF THE CONSORTIUM FOR HOME PROGRAM FUNDS IN <br /> ACCORDANCE WITH THE NATIONAL AFFORDABLE HOUSING ACT OF 1990 <br /> WHEREAS, the Congress of the United States enacted the Cranston-Gonzalez <br /> National Affordable Housing Act of 1990 and Federal regulations have been adopted <br /> pursuant thereto, hereinafter called the "Act"; and <br /> WHEREAS, Title II of the Act creates the Home Investment in Affordable Housing <br /> Program hereinafter called "HOME", that provides funds to states and local governments <br /> for acquisition, rehabilitation, new construction of affordable housing and tenant-based <br /> rental assistance; and <br /> WHEREAS, the Act allows local governments to form consortia for the purpose of <br /> receiving and administering HOME funds and carrying out the purposes of the Act; and <br /> WHEREAS, the cities of Alameda, Fremont, Hayward, Livermore, Pleasanton, <br /> San Leandro, and Union City have expressed their interest in joining with the Alameda <br /> County Urban County (consisting of the cities of Albany, Dublin, Emeryville, Newark, <br /> Piedmont, and the unincorporated County) to continue in the Alameda County HOME <br /> Consortium for federal fiscal years 2018, 2019, and 2020. <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> RESOLVES AS FOLLOWS: <br /> SECTION 1. Council authorizes the City of Pleasanton's continued participation in <br /> the in the Alameda County HOME Consortium for fiscal years 2018, 2019 and 2020. <br /> SECTION 2. Council authorizes the City Manager to execute the necessary <br /> documents to maintain eligibility of the Consortium for HOME program funds in <br /> accordance with the National Affordable Housing Act of 1990. <br /> SECTION 3. This resolution shall become effective immediately upon its passage <br /> and adoption. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of <br /> Pleasanton at a regular meeting held on June 20, 2017. <br />