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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL AAEETING DATE: <br />JUNE 2, 2008 <br />TITLE: <br />CALHOME PROGRAM APPLICATION <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Ordinance on 1 u Reading <br />^ Ordinance on 2"d Reading <br />^ Implementing Resolution <br />^ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />1. Adopt a resolution approving submission of an application to the <br />California Department of Housing and Community Development for <br />$900,000 under the CalHome Program. <br />2. Authorize the City Manager to execute the application and all <br />documents relating thereto. <br />COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION ACTION <br />At its Regular Meeting of May 20, 2008, by a vote of 6:0, the Community <br />Redevelopment and Housing Commission recommended that the City Council: <br />1. Adopt a resolution approving submission of an application to the <br />California Department of Housing and Community Development for <br />$900,000 under the CalHome Program. <br />2. Authorize the City Manager to execute the .application and all <br />documents relating thereto. <br />DISCUSSION <br />The California Department of Housing and Community Development recently <br />announced the availability of $60 million through the CalHome Program. <br />The CalHome Program is a multi-faceted homeownership and rehabilitation <br />program created by the State of California that utilizes monies made <br />available by the passage of Proposition 1C, the Housing and Emergency <br />Shelter Trust Fund Act of 2006. These funds are available to local <br />public agencies or nonprofit corporations for a variety of programs that <br />benefit low- and very low-income households. <br />55A-1 <br />