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Attachment 2 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON AUTHORIZING DOWN PAYMENT ASSISTANT PROGRAM PREFERENCES FOR FIRST RESPONDERS, SCHOOL DISTRICT EMPLOYEES, OTHER PUBLIC EMPLOYEES, AND EMPLOYEES OF SOCIAL SERVICE NOT-FOR-PROFIT AGENCIES WHEREAS, on October 20, 2020, the City Council approved modifications to the City's Down Payment Assistance Program (DPA) that provides low and deferred interest mortgages that supplement bank financing to assist low (80% of Area Median Income (AMI)) and moderate -income (up to 120% of AM[) persons and households in the purchase of a home in Pleasanton. WHEREAS, the Housing Commission has recommended that the City Council also consider a DPA preference or priority for first responders, school district employees, other public employees, and employees of social service not-for-profit agencies when such persons primarily work in Pleasanton; and WHEREAS, providing DPA to persons who primarily work in Pleasanton reduces commutes and allows such persons to become more familiar with the community in which they work; and WHEREAS Housing Element program 18.4 promotes the "Use of the Lower -Income Housing Fund to ...write down mortgage costs" as provided by the DPA. NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: SECTION 1. Directs the City Manager's Office and the Housing Division to update the Down Payment Assistance Loan Program (DPA) to provide a preference or priority to the persons listed in Exhibit A. SECTION 2. Finds that the DPA preference or priority has no possibility to have a significant effect on the environment per Title 14 California Code of Regulations §15061(b)(3). SECTION 3. This resolution shall become effective immediately upon its passage and adoption. SECTION 4. City Clerk shall certify to the passage of this resolution and enter it into the book of original resolutions. PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at a regular meeting held on January 19, 2021. I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing resolution was adopted by the City Council at a regular meeting held on January 19, 2021, by the following vote: