RESOLUTION NO. __________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA REALLOCATING U.S. DEPARTMENT OF
HOUSING AND URBAN DEVELOPMENT HOME
INVESTMENT PARTNERSHIP PROGRAM FISCAL YEAR
2014-15 FUNDS TO A TENANT -BASED RENTAL
ASSISTANCE PROGRAM AND AUTHORIZING THE CITY
MANAGER TO EXECUTE ALL ASSOCIATED GRANT
DOCUMENTS AND A FIRST AMENDMENT TO THE
AGREEMENT WITH SBCS CORPORATION
WHEREAS, as a U.S. Department of Housing and Urban Development (HUD) entitlement community the City receives an annual allocation of HOME Investment Partnership Program (HOME) federal funds for a variety of eligible housing activities including construction of affordable housing, rehabilitation of affordable housing , acquisition of buildings for affordable housing, homebuyer down payment assistance and counseling, and tenant-based rental assistance; and
WHEREAS, in Fiscal Year 2014-2015 (FY14-15) the City of Chula Vista received $631,125 in HOME funds and allocated and appropriated 10% for administration fees , 15% to Community Housing Development Organizations (CHDO), and the remaining $473,343.75 in funds towards eligible uses; and
WHEREAS, on July 18, 2023 HUD notified the City that of the FY14 -15 HOME funds $85,774.95 was not used and has been carried over into the current fiscal year and reallocated as general entitlement funds with an expenditure deadline of September 30, 2023; and
WHEREAS, it has been determined that the most expedient and highest current need for the funds is in homeless prevention activities through an existing Tenant Based Rental Assistance (TBRA) Program administered by SBCS Corporation via Agreement No. 2022-233 (“Original Contract”) for $818,597; and
WHEREAS, the City desires to amend the Original Contract to reallocate $85,774.95 in HOME towards TBRA, increasing the amount of the contract to a total of $904,371.95.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it authorizes the reallocation of $85,774.95 in unused HOME funds from FY14-15 to SBCS Corporation’s 2022-23 HOME TBRA Program and authorizes the City Manager or designee to execute a First Amendment No. 2023-171 effective July 18, 2023 to Original Agreement No. 2022- 233 to increase the total co ntract value to $904,371.95 and authorizes execution of all associated HUD grant documents to enable the reallocation and meet expenditure requirements.
Presented by Approved as to form by
Stacey Kurz Jill D.S. Maland
Director of Housing and Homeless Services Lounsbery Ferguson Altona & Peak Acting City Attorney