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HomeMy WebLinkAboutResolution - 2017-R0474 - HOME Funds From HUD - 12/18/2017Resolution No. 2017-RO474 Item No. 6.13 December 18, 2017 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock, Contract No. 13472 and all related documents for the Home Investment Partnerships Grant (HOME), by and between the City of Lubbock and the U.S. Department of Housing and Urban Development (HUD). The City of Lubbock Community Development Department will use the HOME funds from HUD for Community Housing Development Organization (CHDO), CHDO projects, new construction, rehabilitation construction, and administration. Said Contract is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on December 18, 2017 DANIEL M. POPE, MAYOR ATTEST: D e .- X Rebe t ca Garza, City Secr ary APPROVED AS TO CONTENT: Bill HowgKon, Assist City Manager APPROVED AS TO FORM: ccdocs/RES. Contract 13472 — HUD HOME — Annual Community Development Renewal Contract December 6, 2017 Funding Approval and HOME Investment Partnerships Agreement Title II of the National Affordable Housing Act U.S. Department of Housing and Urban Development Office of Community Planning and Development 1. Participant Name and Address City Of Lubbock 1625 13Th St Lubbock, TX 79401-3830 2. Grant Number: M17MC480205 3a Tax Identification Number: 756000590 3b. Unique Entity Identifier (formerly DUNS): 058213893 4. Appropriation Number 86 7/0 0205 5. FY (yyyy) 2017 6. Previous Obligation (Enter "0" for initial FY allocation) $0.00 a. Formula Funds $714,068.00 b. Community Housing Development Org. (CHDO) Competitive $ 7. Current Transaction (+ or $714,068.00 a. Formula Funds $714,068.00 1. CHDO (For deobligations only) $ 2. Non- CHDO (For deobligations only) $ b. CHDO Competitive Reallocation or Deobligation $ 8. Revised Obligation $ a. Formula Funds $ b. CHDO Competitive Reallocation $ 9. Special Conditions (check applicable box) ® Not applicable ❑ Attached 10. Date of Obligation (Congressional Release Date) (mm/dd/yyyy): OCT 3 C 1017 11. Indirect Cost Rate' 12. Period of Performance: Administering Agency/Dept. Indirect Cost Rate Direct Cost Base Date in Box #10 - 09/01/2025 —% ' If funding assistance will be used for payment of indirect costs pursuant to 2 CFR —% 200, Subpart E-Cost Principles, provide the name of the department/agency, its o�c indirect cost rate (including if the de minimis rate is charged per 2 § CFR 200.414), and % the direct cost base to which the rate will be applied. Do not include cost rates for subrecipients. This Agreement between the Department of Housing and Urban Development (HUD) and the Participating Jurisdiction/Entity is made pursuant to the authority of the HOME Investment Partnerships Act (42 U.S.C. 12701 et sec.). The Participating Jurisdiction's /Entity's approved Consolidated Plan submission/Application and the HUD regulations at 24 CFR Part 92 (as is now in effect and as may be amended from time to time) and this HOME Investment Partnership Agreement, form HUD-40093, including any special conditions, constitute part of this Agreement. Subject to the provisions of this Agreement, HUD will make the funds for the Fiscal Year specified, available to the Participating Jurisdiction/Entity upon execution of this Agreement by the parties. All funds for the specified Fiscal Year provided by HUD by formula reallocation are covered by this Agreement upon execution of an amendment by HUD, without the Participating Jurisdiction's execution of the amendment or other consent. HUD's payment of funds under this Agreement is subject to the Participating Jurisdiction's/Entity's compliance with HUD's electronic funds transfer and information reporting procedures issued pursuant to 24 CFR 92.502. To the extent authorized by HUD regulations at 24 CFR Part 92, HUD may, by its execution of an amendment, deobligate funds previously awarded to the Participating Jurisdiction/Entity without the Participating Jurisdiction's/Entity's execution of the amendment or other consent. The Participating Jurisdiction/Entity agrees that funds invested in affordable housing under 24 CFR Part 92 are repayable when the housing no longer qualifies as affordable housing. Repayment shall be made as specified in 24 CFR Part 92. The Participating Jurisdiction agrees to assume all of the responsibility for environmental review, decision making, and actions, as specified and required in regulation at 24 CFR 92.352 and 24 CFR Part 58. The Grantee shall comply with requirements established by the Office of Management and Budget (OMB) concerning the Universal Numbering System and System for Award Management (SAM) requirements in Appendix A to 2 CFR part 25, and the Federal Funding Accountability and Transparency Act (FFATA) in Appendix A to 2 CFR part 170. The Period of Performance for the funding assistance shall begin on the date specified in item 12 and shall end on September 1s' of the 51' fiscal year after the expiration of the period of availability for obligation. Funds remaining in the account will be cancelled and thereafter not available for obligation or expenditure for any purpose. Per 31 U.S.C. 1552. The grantee shall not incur any obligations to be paid with such assistance after the end of the Per' d of Performance. 13. For the U.S. Department of HUD (Name and Title of Authorized Official) 15. Date= 3 C 9017 1Alf t Shirley Henley, CPD Director I� , / ,gam UL 16. For the Participating Jurisdiction/Entity (Name and Title of Authorized /17. Signa�tu�� 1 1 ( I ` 18. Date Official) V l./ v �y.fa1 , 9,� �� City of Lubbock - Daniel M. Pope, Mayor 10 19. Check one: ® Initial Agreement 20. Funding Information: HOME Source of Funds Appropriation Code 2017 867/00205 2015 865/80205 2016 866/90205 2016x 86XO205 - 16 2017x 86XO205 - 17 ❑ Amendment # PAS Code Amount HMF $706,104.00 HMF $2,760.00 HMF $4,205.00 HMF $ 847.00 HMF $ 152.00 Page 1 form HUD-40093