RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE, CALIFORNIA, AUTHORIZING APPLICATION FOR, AND RECEIPT OF, PERMANENT LOCAL HOUSING ALLOCATION FUNDS UNDER THE SB 2 PERMANENT LOCAL HOUSING ALLOCATION PROGRAM ENTITLEMENT JURISDICTION COMPONENT FROM THE BUILDING HOMES AND JOBS TRUST FUND AND ADOPTING A PERMANENT LOCAL HOUSING ALLOCATION PLAN.
WHEREAS the State of California’s (“State”) Department of Housing and Community Development (“Department”) is authorized to provide up to $335 million to cities and counties for assistance under the SB 2 Permanent Local Housing Allocation Program Entitlement Jurisdiction Component from the Building Homes and Jobs Trust Fund (as described in Health and Safety Code section 50470 et seq. (Chapter 364, Statutes of 2017 (SB 2)); and WHEREAS the Department issued Permanent Local Housing Allocation Final Guidelines (“PLHA Program Guidelines”) in October 2019; and WHEREAS the State of California (the “State”), Department of Housing and Community Development (“Department”) issued a Notice of Funding Availability (“NOFA”) for Funding Year 2020 dated May 3, 2021 and Funding Year 2021 dated August 17, 2022, under the Permanent Local Housing Allocation (PLHA) Program; and WHEREAS the City of Riverside (“Applicant”) is an Entitlement Local Government eligible to apply for, and administer, an award of PLHA funds, and Applicant has applied for program funds to administer one or more eligible activities; and WHEREAS, the Department may approve funding allocations for the PLHA Program, subject to the terms and conditions of the PLHA Program Guidelines, NOFA, Program requirements, the Standard Agreement, and other contracts between the Department and PLHA grant recipients, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Riverside, California, as follows:
Section 1: That the City Manager, or designee, is authorized to submit an application to the Department for PLHA funds on behalf of Applicant.
Section 2: That the City Manager, or his designee, is authorized to accept and receive a grant of PLHA funds in an amount not to exceed the five-year estimate of the PLHA formula allocations as stated in the Appendix C of the current NOFA of Nine Million Seven Hundred Thirty-Two Seven Hundred Fifty Dollars ($9,732,750) as stated in Appendix C of the current NOFA and in accordance with all applicable rules and laws.
Section 3: That the City Manager, or designee, is authorized to administer the PLHA grant award for the formula allocation of PLHA funds, pursuant to PLHA Program Guidelines Section 300(c) and 300(d), and any legally binding agreements between Applicant and the Department.
Section 4: That if Applicant receives a grant of PLHA funds from the Department pursuant to the above referenced PLHA NOFA, it represents and certifies that it will use all such funds in a manner consistent and in compliance with all applicable state and federal statutes, rules, regulations, and laws, including without limitation all rules and laws regarding the PLHA Program, as well as all contracts Applicant may have with the Department.
Section 5: That, pursuant to Section 302(c)(4) of the PLHA Program Guidelines, Applicant’s PLHA Plan for the 2019-2023 allocations is attached to this Resolution, and Applicant hereby adopts this PLHA Plan and certifies compliance with all public notice, public comment, and public hearing requirements in accordance with the PLHA Program Guidelines.
Section 6: That, pursuant to Applicant’s certification in this Resolution, the PLHA funds will be expended only for eligible activities and consistent with all program requirements.
Section 7: That Applicant certifies that, if funds are used for the acquisition, construction or rehabilitation of for-sale housing projects or units within for-sale housing projects, the grantee shall record a deed restriction against the property that will ensure compliance with one of the requirements stated in PLHA Program Guidelines Section 302(c)(6)(A), (B), and (C).
Section 8: That Applicant certifies that, if funds are used for the development of an Affordable Rental Housing Development, Applicant shall make PLHA assistance in the form of a low-interest, deferred loan to the Sponsor of the Project, and such loan shall be evidenced through a Promissory Note secured by a Deed of Trust and a Regulatory Agreement shall restrict occupancy and rents in accordance with a Local government-approved underwriting of the Project for a term of at least 55 years.
Section 9: That Applicant shall be subject to the terms and conditions as specified in the Standard Agreement, the PLHA Program Guidelines, and any other applicable SB 2 Guidelines published by the Department.
Section 10: That the City Manager is authorized to execute the PLHA Program Applications, the PLHA Standard Agreements, and any subsequent amendments or modifications thereto, as well as any other documents which are related to the Program or the PLHA grant awarded to Applicant, as the Department may deem appropriate.
ADOPTED by the City Council this ____ day of _______________, 2022. _________________________________
PATRICIA LOCK DAWSON
Mayor of the City of Riverside
Attest:
__________________________
DONESIA GAUSE
City Clerk of the City of Riverside
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I, Donesia Gause, City Clerk of the City of Riverside, California, hereby certify that the foregoing resolution was duly and regularly adopted at a meeting of the City Council of said City at its meeting held on the _____ day of ________________, 2022, by the following vote, to wit:
Ayes:
Noes:
Absent:
Abstain:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Riverside, California, this ______ day of _______________, 2022. _____________________________
Donesia Gause
City Clerk of the City of Riverside
22-1639 RK 09/19/2022
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