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Home My WebLink AboutResolution - 2012-R0402 - Contract - US HUD - HOME Investment Partnership Grant - 10/25/2012Resolution No. 2012—RO402 October 25, 2012 Item No, 5.15 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 a Contract, by and between the City of Lubbock and the U.S. Department of Housing and Urban Development for the HOME Investment Partnership Grant, and related documents. 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 Council. Passed by the City Council this October 25 , 2012. GL C, RTSON, MAYOR ATTEST: Rebelca Garza, City Secretary I APPROVED AS TO CONTENT: Ph is Brown Interim Community Development Director APPROVED AS TO FORM: A Amy St Assi n i Attorney gs/ccdocs/CD Funding Agrmnt-HOME Partnership Grant&Lease Purchase Prog.res 9.2 5.12 Funding Approval and HOME U.S. Department of Housing OMB Approval No. 2506-0171 and Urban Development (Exp. 12/31/2012) Investment Partnerships Agreement Office of Community Planning Title II of the National Affordable Housing Act and Development Public reporting burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless that collection displays a valid OMB control number. The NOME statute imposes a significant number of data collection and reporting requirements. This includes information on assisted properties, on the owners or tenants of the properties, and on other programmatic areas. The information will be used: 1) to assist HOME participants in managing their programs; 2) to track performance of participants in meeting fund commitment and expenditure deadlines; 3) to permit HUD to determine whether each participant meets the HOME statutory income targeting and affordability requirements; and 4) to permit HUD to determine compliance with other statutory and regulatory program requirements. This data collection is authorized under Title II of the Cranston -Gonzalez National Affordable Housing Act or related authorities. Access to Federal grant funds is contingent on the reporting of certain project -specific data elements. Records of information collected will be maintained by the recipients of the assistance. Information on activities and expenditures of grant funds is public information and is generally available for disclosure. Recipients are responsible for ensuring confidentiality when public disclosure is not required. 1. Participant Name and Address City of Lubbock P. O. Box 2000 Lubbock, TX 79457-2000 2. Participant Number N1 -12 -MC -48-0205 3. Tax Identification Number 756000590 4. DUNS Number 058213893 4. Appropriation Number 862/40205 5. FY (yyyy) 2012 6. Previous Obligation (Enter "0" for initial FY allocation) 50.00 a. Formula Funds $ b. Community Housing Development Org. (CHDO) Competitive $ 7. Current Transaction (+ or $833,391 a. Formula Funds $833,391 1. CHDO (For deobligations only) 2. Non- CHDO (For deobligations only) $ b. CHDO Competitive Reallocation or Deobligation (see #18 below) $ 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) / / SLP ti 6 2012 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.$.C. 12701 et seq.). 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'slEntity'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 Dun and Bradstreet Data Universal Numbering System (DUNS), the Central Contractor Registration (CCR) database, and the Federal Funding Accountability and Transparency Act, including Appendix A to Part 25 of the Financial Assistance Use of Universal Identifier and Central Contractor Registration, 75 Fed. Reg. 55671 (Sept. 14, 2010) (to be codified at 2 CFR part 25) and Appendix A to Part 170 of the Requirements for Federal Funding Accountability and Transparency Act Implementation, 75 Fed. Reg. 55663 (Sept. 14, 2010) (to be codified at 2 CFR part 170). 11. F�"e U.S. Department of HUD (Name and Title of Authorized Official) 1 12. 13.cDate 14. For the Participating Jurisdiction/Entity (Name and Title of Authorized Official) [�. Signa Y 116. Date 10 /25/ 2012 fYl r?n r _ t2nhart.Gnn _ Ma�rnr 17. Check one: ❑ Initial Agreement ❑ Amendment # 18. Funding Information: HOME Source of Funds Appropriation Code PAS Code Amount Page 1 of 2 form HUD -40093 " *Special Conditions HOME funds used for projects not completed within 4 years of the commitment date, as determined by a signature of each party to the agreement shall be repaid, except that the Secretary may extend the deadline for 1 year if the Secretary determines that the failure to complete the project is beyond the control of the participating jurisdiction. No HOME funds may be committed to any project unless each participating jurisdiction certifies that it has conducted an underwriting review, assessed developer capacity and fiscal soundness, and examined neighborhood market conditions to ensure adequate need for each project. Any homeownership units funded with HOME funds which cannot be sold to an eligible homeowner within 6 months of project completion shall be rented to an eligible tenant. No HOME funds may be awarded for development activities to a community housing development organization that cannot demonstrate that it has staff with demonstrated development experience. Page 2 of 2 form HUD -40093