RESOLUTION R2024-XX
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MANTECA, STATE OF CALIFORNIA, APPROVING PARTICIPATION IN THE SAN JOAQUIN REGIONAL HOUSING FUND ON BEHALF OF THE SAN JOAQUIN COUNTY MEMBER AGENCIES WHEREAS, on October 26, 2023, the San Joaquin Council of Governments (“SJCOG”) authorized SJCOG staff to form a non-profit public benefit corporation as an eligible regional housing trust fund applicant for available funding and matching grants to expand sources of funding for housing as described in the Guidelines adopted by the California Department of Housing and Community Development in accordance with California Health and Safety Code sections 50842.1 et seq.; and WHEREAS, the San Joaquin Regional Housing Fund (the “Fund”) was formed and established in March 2024; and WHEREAS, the Fund’s board of directors will be the SJCOG Board of Directors, and will carry out the responsibility for the Fund’s governance and administration of the funds allocated and establishing necessary procedures to fulfill the Fund’s purpose; and WHEREAS, the specific purpose of the Fund shall be to provide planning, financing, and other services to increase housing opportunities for extremely low-, very low-, low- and moderate-income households (including individuals experiencing homelessness) to obtain decent, safe, and sanitary affordable rental and ownership housing throughout San Joaquin County, California; and WHEREAS, the Fund intends to fulfill its purpose through collaboration with local municipal, county and other jurisdictions, as well as the private and philanthropic sectors (collectively referred to as “Collaborators”); and WHEREAS, Collaborators and the Fund will assist in the provision of such planning, services and financing, leveraging and participating in local, state, federal, and private financing programs that assist extremely low-, very low-, low- and moderate-income households (including individuals experiencing homelessness) in obtaining such affordable housing; and WHEREAS, the Fund intends to also engage in other charitable and educational activities associated with this goal as allowed by law; and WHEREAS, SJCOG and participating member agencies, will conduct planning and implementation activities that will accelerate housing production and housing-related initiatives.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Manteca, as follows:
1. The City Council hereby finds that the facts set forth in the recitals to this Resolution are true and correct, and establish the factual basis for the City Council’s adoption of this Resolution.
Agrees that any participation in any application made by the San Joaquin Regional Housing Fund for available funds will be in a manner consistent with the relevant funding source requirements, public or private, the most current Guidelines adopted by the California Department of Housing and Community Development, when applicable, and San Joaquin Regional Housing Fund requirements; and Commits to providing documentation for completed on projects that were funded in cooperation with the San Joaquin Housing Fund and other deliverables in a manner consistent with the California Department of Housing and Community Development, or other applicable fund source, and San Joaquin Regional Housing Fund requirements, and Agrees that prior to participating in any funding or project in coordination with the San Joaquin Regional Housing Fund that the City of Manteca’s legislative body shall consider for approval a cooperative agreement between the San Joaquin Regional Housing Fund and the City of Manteca.
Authorize the City Manager or her designee to approve any documents related to this participation, including, but not limited to any amendments.
This Resolution shall take effect immediately upon adoption.
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Manteca at a public meeting of said City Council held on the 21st day of May, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
MAYOR: __________________________
GARY SINGH
Mayor
ATTEST: __________________________
CASSANDRA CANDINI-TILTON
City Clerk
ATTACHMENT 1
R2024-XX Page PAGE 1 of NUMPAGES 1 May 21, 2024
R20XX-XX Page PAGE 1 of NUMPAGES 2 Type approved date of resolution here