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ROH — 06/07/16 <br />RESOLUTION NO. 2016 -xxx <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SANTA ANA AUTHORIZING THE SUBMITTAL OF AN <br />APPLICATION FOR FUNDING UNDER THE AFFORDABLE <br />HOUSING AND SUSTAINABLE COMMUNITIES <br />PROGRAM AS JOINT APPLICANTS WITH META <br />HOUSING CORPORATION, AND, IF AWARDED, <br />AUTHORIZING THE CITY TO ENTER INTO A CONTRACT <br />WITH DEVELOPER UTILIZING THE GRANT FUNDS TO <br />CONSTRUCT THE TRANSPORTATION RELATED <br />INFRASTRUCTURE FOR THE SANTA ANA ARTS <br />COLLECTIVE PROJECT <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 Strategic Growth Council's ( "SGC ") Affordable Housing and <br />Sustainable Communities ( "AHSC ") Program funds land -use, housing, transportation, <br />and land preservation projects to support infill and compact development that reduces <br />greenhouse gas ( "GHG ") emissions. These projects facilitate the reduction of the <br />emissions of GHG's by improving mobility options and increasing infill development, <br />which decrease vehicle miles traveled and associated greenhouse gas and other <br />emissions, and by reducing land conversion, which would result in emissions of <br />greenhouse gases. <br />B. On January 29, 2016, the Department of Housing and Community <br />Development ( "HCD ") announced availability of approximately $320 million in funding <br />for the AHSC Program, also known as the Cap & Trade Program. <br />C. The State of California, SGC, and HCD issued a Notice of Funding <br />Availability ( °NOFA ") dated January 29, 2015, under the AHSC Program, established <br />under Division 44, Part 1 of the Public Resources Code, commencing with Section <br />75200. Funding for the AHSC Program is provided from the Greenhouse Gas <br />Reduction Fund, an account established to receive Cap- and -Trade auction proceeds. <br />D. SGC is authorized to approve funding allocations for the AHSC Program, <br />subject to the terms and conditions of the NOFA, Program Guidelines, Application <br />Package, and Standard Agreement. HCD is authorized to administer the approved <br />funding allocations of the AHSC Program. <br />Resolution No. 2016 -xxx <br />Page 1 of 3 <br />Mill <br />