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5112!08 les <br />RESOLUTION N0. 2008-035 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SANTA ANA AUTHORIZING THE SUBMITTAL OF AN <br />APPLICATION TO THE CALIFORNIA STATE <br />DEPARTMENT OF HOUSING AND COMMUNITY <br />DEVELOPMENT FOR FUNDING UNDER THE CALHOME <br />PROGRAM; THE EXECUTION OF A STANDARD <br />AGREEMENT AND ANY AMENDMENTS THERETO, IF <br />SELECTED FOR SUCH FUNDING; AND ANY RELATED <br />DOCUMENTS NECESSARY TO PARTICIPATE IN THE <br />CALHOMEPROGRAM <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS <br />FOLLOWS: <br />Section 1. The City Council of the City of Santa Ana hereby finds, determines <br />and declares as follows: <br />A. The City of Santa Ana, a political subdivision of the State of California, <br />wishes to apply for and receive an allocation of funds through the <br />CalHome Program. <br />B. The California Department of Housing and Community Development <br />(hereinafter referred to as "HCD") issued a Notice of Funding Availability <br />("NOFA") on April 18, 2008, announcing the availability of $60 million <br />through the CalHome Program for Mortgage Assistance and Owner- <br />Occupied Rehabilitation. <br />C. The CalHome Program is a multi-faceted homeownership and <br />rehabilitation program created by the State of California that utilized <br />monies made available by the passage of Proposition 1 C, the Housing <br />and Emergency Shelter Trust Fund Act of 2006. These funds are <br />available to local public agencies or nonprofit corporations for a variety of <br />programs that benefit low and very low-income households. <br />D. The City of Santa Ana wishes to submit an application to obtain from HCD <br />an allocation of CalHome funds in the amount of $900,000.00. <br />E. Under the proposed application, the City is requesting the maximum <br />amount of $900,000 to provide additional funds for the City's existing <br />CalHome Rehabilitation and Mobile Home Replacement Housing <br />Program. <br />Section 2. The City of Santa Ana shall submit to HCD an application to <br />participate in the CalHome Program which will request a funding allocation for <br />rehabilitation loans to qualified owners of single family homes and mobile homes <br />Resolution No. 2008-035 <br />Page 1 of 3 <br />