CITY OF ALAMEDA RESOLUTION NO. ________
AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO ENTER INTO AND EXECUTE A STANDARD AGREEMENT FOR STARDUST GARDENS TO SECURE $15,000,000 IN MULTIFAMILY HOUSING PROGRAM (MHP) FUNDS AND ALL AMENDMENTS THERETO (COLLECTIVELY, THE “PROGRAM AWARD DOCUMENTS”) Multifamily Housing Program
Stardust Gardens
WHEREAS, the California Department of Housing and Community Development ("Department"), as authorized by California Assembly Bill 434 (“AB 434”) (Chapter 192, Statutes of 2020), has issued a Multifamily Finance Super Notice of Funding Availability, dated April 20, 2026, amended on May 4, 2026, and June 1, 2026 (“Multifamily Super NOFA”). The Multifamily Finance Super NOFA provides funding under the following program: the Multifamily Housing Program.
WHEREAS, the City of Alameda, a California Charter City (“Public Entity”), submitted an application to the Department in response to the Multifamily Super NOFA (the “Application”) and was determined to be an eligible Sponsor under one or more of the foregoing programs (the “Program(s)”) pursuant to that certain conditional award letter, dated August 11, 2026 (the “Conditional Award Commitment”).
WHEREAS, pursuant to the Conditional Award Commitment, the Department made conditional awards to the Public Entity as follows:
Program
Award
Multifamily Housing Program
$15,000,000
Total:
$15,000,000
WHEREAS, each and all of the awards expressly identified above will hereinafter be referred to, both individually and collectively, as the “Program Award.” NOW, THEREFORE, IT IS RESOLVED, that the Public Entity is hereby authorized and directed to act in connection with the Program Award.
RESOLVED FURTHER: Public Entity is hereby authorized and directed to accept and incur an obligation for the Program Award. That in connection with the total amount of the Program Award, the Public Entity is authorized and directed to enter into, execute, and deliver one or more STD 213, Standard Agreement(s), and any and all other documents required or deemed necessary or appropriate to secure the Program Award from the Department and to participate in the relevant Program(s), and all amendments thereto (collectively, the “Program Award Documents”).
RESOLVED FURTHER: Public Entity acknowledges and agrees that it shall be subject to the terms and conditions specified in the STD 213, Standard Agreement(s), and that the Multifamily Super NOFA and the Application will be incorporated by reference therein and made a part thereof. Public Entity also acknowledges and agrees that any and all activities, expenditures, information, and timelines represented and described in the Application are enforceable through the relevant STD 213, Standard Agreement(s). Public Entity also acknowledges and agrees that Program Award funds are to be expended only on the eligible uses and activities identified in the relevant STD 213, Standard Agreement(s).
RESOLVED FURTHER: That the City Manager, or designee, is hereby authorized to execute the Program Award Documents on behalf of the Public Entity. * * * * *
I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 6th day of October 2026, by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official seal of said City this 7th day of October 2026. __________________________
Lara Weisiger, City Clerk
City of Alameda
Approved as to Form:
_______________________________
Len Aslanian, Acting City Attorney
City of Alameda
California Housing Accelerator 9/23/2021
Public Entity