HOME PROGRAM HOME FUNDS 2005 - Laserfiche WebLink

AQR_EEMENT · ntered into this ~ day o£ ~ I 2005, by and This AGREEMENT is made and e ...... .~ ,, -., ,, an~he COUNTY OF - .~T~v ..f PLEASANTON, herema~tuL ~a~.~ Cltj, between the ~tt~ ALAMEDA, hereafter called "County." WHEREAS, the Congress of the United States has enacted the Cranston Gonzalez National Affordable Housing Act of 1990 and Federal regulations have been adopted pursuant thereto, hereinafter called the "Act"; and WHEREAS, Title II of the Act creates the Home Investment in Affordable Housing Program, hereinafter called "HOME," that provides funds to states and local governments for acquisition, rehabilitation, new construction of affordable housing and tenant-based rental assistance; and WHEREAS, the Act requires local governments to fonnulate a Consolidated Plan as part of the eligibility requirements for HOME funds; and WHEREAS, funds from Title II are distributed to metropolitan cities, urban counties States, and consortia of local governments; WHEREAS, the Act allows local governments to form consortia for the purpose of receiving and administering HOME funds and carrying out purposes of the Act; WHEREAS, the Act requires that a local govenunent member of an urban county may participate in a consortium only through the urban county, and the County of Alameda is the lead agency of the Alameda County Urban County; and WHEREAS, the Act requires that a consortium shall have one member unit of general local government authorized to act in a representative capacity for all members for purposes of the Act and to assume overall responsibility for the Act, including requirements concerning the Consolidated Plan; THEREFORE, it is agreed that: 1. CITY and COUNTY will cooperate in the operation of the Alameda County HOME Consortium, hereinafter called the .,CONSORTIUM", for the purpose of undertaking or assisting in undertaking HOME-eligible housing assistance activities pursuant to Title II of the Act including but not limited tO acquiring, rehabilitating, and constructing affordable housing and providing homebuyer and tenant-based rental assistance: 2. COUNTY shall act as the representative member of the CONSORTIUM for the purposes of the Act. 3. CITY shall have thirty (30) calendar days to approve the portions of the COnsolidated Plan which pertain to CITY before COUNTY submits final Consolidated Plan~to the U.S.