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Attachment 2 Resolution 2024-036 Original Conditional Funding Commitment

Mayor and City Council
October 2, 2024

Document
Attachment 2 Resolution 2024-036 Original Conditional Funding Commitment
Meeting
October 2, 2024
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Mayor and City Council
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4
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Text extracted from the city's file for reading and search. Open the original on sanbernardino.primegov.com. That file is the official record.

Resolution No. 2024-036
RESOLUTION NO. 2024-036

RESOLUTION OF THE MAYOR AND CITY COUNCIL OF

THE CITY OF SAN BERNARDINO, CALIFORNIA,

APPROVING A CONDITIONAL FUNDING COMMITMENT

FOR ARROWHEAD GROVE PHASE IV, AN AFFORDABLE
HOUSING PROJECT.

WHEREAS, on December 20, 2017, the Mayor and City Council of the City of San Bernardino, California, approved a Conditional Use Permit and Revised Subdision to allow the of four parcels containing a total of approximately 39.36 acres ("Project"); and WHEREAS, the Housing Authority of San Bernardino County (HACSB) will be applying for the State of California Affordable Housing and Sustainable Communities (AHS) funding on March 19, 2024; and
WHEREAS, the ASC program provides grants and/or loans to projects that achieve GHG emission reductions and benefit Disadvantaged Communities, Low-Income Communities, and Low-Income Households through increasing accessibility of affordable housing, employment centers, and Key Destinations via low-carbon transportation. These investments result in fewer vehicle miles traveled through shortened or reduced vehicle trip length or mode shift to transit, bicycling, or walking.in connection with the application for AHSC and WHEREAS, in connection with the application for the ASHC funding HACSB must demonstrate that the Project is financially feasible as evidenced by documentation including, but not limited to, Enforceable Funding Commitments.; and
WHEREAS, the HACSB entered into an agreement with National Community Renaissance of California (CORE), as the developer, have jointly requested the City to conditional commit HOME Investment Partnership Program (HOME) fund in the amount not to exceed three million dollars ($3,000,000) and Neighborhood Stabilization Program (NSP) in the amount not to exceed one million and nine-hundred thousand dollars ($1,900,00) for the development of 92 low- income affordable housing units; and
WHEREAS, the City will commit the HOME and NSP funds, subject to Mayor and City Council approval, when HACSB and CORE demonstrate all the HOME commitment requirements of 24 CFR 92.2, the requirements contained in 24 CFR92.250(b), provide assessment of the market demand in the neighborhood, complete the environmental review requirements, secure all necessary financing, provide a complete budget, demonstrate cost reasonableness, submit all documentation necessary for the City to complete underwriting and subsidy layering requirements.; and
Resolution 2024-036
March 6, 2024

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Resolution No. 2024-036
WHEREAS, the City will commit the HOME and NSP funds, subject to Mayor and City Council approval, with the execution of a formal HOME and NSP Agreement with HACSB and CORE which would set forth the conditions of disbursement of the City Loan, and document the Project compliance with HOME and NSP regulations and consistency with the housing needs identified in the City's Consolidated Plan.

BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS:

SECTION 1. The above recitals are true and correct and are incorporated herein by this reference.

SECTION 2. The City Manager is authorized to execute any documents as may be necessary to conditional commit the HOME and NSP funds.

SECTION 3. The Mayor and City Council finds this Resolution is not subject to the California Environmental Quality Act (CEQA) in that the activity is covered by the general rule that CEQA applies only to projects which have the potential for causing a significant effect on the environment. Where it can be seen with certainty, as in this case, that there is no possibility that the activity in question may have a significant effect on the environment, the activity is not subject to CEQA.

SECTION 4. Severability. If any provision of this Resolution or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications, and to this end the provisions of this Resolution are declared to be severable.

SECTION 5. Effective Date. This Resolution shall become effective immediately.

APPROVED and ADOPTED by the City Council and signed by the Mayor and attested by the City Clerk this 6 day of March 2024.

Helen Tran, Mayor
City of San Bernardino
Resolution 2024-036
March 6, 2024

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Resolution No. 2024-036
Attest:

Genoveva Rocha, CMC, City Clerk
Approved as to form:

PP.
'Sonia Carvalho, Cily Attormey
Resolution 2024-036
March 6, 2024

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Resolution No. 2024-036

CERTIFICATION

STATE OF CALIFORNIA)
COUNTY OF SAN BERNARDINO) ss

CITY OF SAN BERNARDINO)
I, Genoveva Rocha, CMC, City Clerk, hereby certify that the attached is a true copy of Resolution No. 2024-036, adopted at a regular meeting held on the 6h day of March 2024 by the following vote:

Council Members: AYES NAYS ABSTAIN ABSENT

SANCHEZ
IBARRA

FIGUEROA

SHORETT

REYNOSO
CALVIN

ALEXANDER
WITNESS my hand and official seal of the City of San Bernardino this 7* day of March 2024. * Genovera Rocha, CMC, City Clerk
Resolution 2024-036
March 6, 2024

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