RESOLUTION 5127: AUTHORIZATION TO ENTER INTO A NEW DEVELOPMENT AGREEMENT WITH HABITAT FOR HUMANITY CENTRAL ARIZONA FOR THE USE OF EXISTING FY 2014/15 HOME INVESTMENT PARTNERSHIP FUNDS
Staff Contact: Erik Strunk, Director, Community Services
Purpose and Recommended Action
This is a request for City Council to waive reading beyond the title and adopt a resolution authorizing the City Manager to execute a new Development Agreement which will extend the period of performance, accept and ratify all action taken to date during the time agreement C-9765-1 was in place, and continue the partnership with Habitat for Humanity Central Arizona for the HOME Investment Partnership Funds Program (HOME). This new agreement will allow the City of Glendale to continue partnering with Habitat for Humanity Central AZ to use $530,290 of existing FY 2014/15 HOME funds for the Rehabilitation, and Resale of Infill Housing for first-time homebuyers.
Background
In 2015, the Maricopa County HOME Consortium, of which Glendale is a member, announced it was seeking proposals to reallocate HOME funds being returned to it by the City of Scottsdale and Maricopa County, in the form of HOME program income. The City of Glendale, in partnership with Habitat for Humanity Central Arizona, applied for $200,000 of these funds to supplement four housing units that are currently under contract and environmentally cleared. The additional funds would be used for new infill "shovel ready" projects in Glendale, which meet the completion deadlines for the Consortium and resulted in high-quality housing that added value to Glendale neighborhoods. As a result of its past success with the use of HOME funds, the City was successful and was awarded the additional HOME funds with City Council approval. Since that time the funds have been utilized to continue the construction of four houses.
Analysis
Habitat for Humanity Central Arizona continues to be important partners in helping Glendale ...
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