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HomeMy WebLinkAboutReso 10-2019 (19-73)City of South San Francisco P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA City Council Resolution: RES 10-2019 File Number: 19-73 Enactment Number: RES 10-2019 RESOLUTION AUTHORIZING CITY STAFF TO SUBMIT AN APPLICATION FOR THE AFFORDABLE HOUSING AND SUSTAINABLE COMMUNITIES PROGRAM IN THE AMOUNT OF $15,400,000 TO SUPPORT THE CITY OF SOUTH SAN FRANCISCO'S CALTRAIN STATION IMPROVEMENT PROJECT AND INSTALLATION OF A PROTECTED CLASS I BIKE LANE AND TO SUPPORT CONSTRUCTION OF THE AFFORDABLE HOUSING PROJECTS AT 418 LINDEN AVENUE AND 201 GRAND AVENUE IN SOUTH SAN FRANCISCO. WHEREAS, the Strategic Growth Council ("SGC") and the State of California Department of Housing and Community Development the ("Department") has issued a Notice of Funding Availability ("NOFA") under its Affordable Housing Sustainable Communities Program ("AHSC") dated November 1, 2018, under AB 32 (Chapter 488, Statues of 2006) and SB 375 (Chapter 728, Statutes of 2008); and, WHEREAS, the City of South San Francisco ("City") desires to apply for the AHSC Program funds in the amount of $15,400,000 and submit the Application Package for the Downtown South City-TOD Affordable Housing and Transportation ("Project") application; and, WHEREAS, as part of the submission of the Application Package, SGC and HCD require the City Council of the City to pass a resolution authorizing staff to submit an application for the AHSC program funding; and, WHEREAS, the SGC is authorized to approve funding allocation for the AHSC Program, subject to the terms and conditions of the NOFA, Program Guidelines, Application Package and Standard Agreement. The Department is authorized to administer the approved funding allocations of the AHSC Program; and, WHEREAS, in the event that the City is awarded AHSC funding, the City and ROEM Development Company will comply with all AHSC funding regulations; including but not limited to a unit income restriction of an average of 50% or below Area Median Income ("AMI") across all Below Market Rate (`BMR") units. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the City Council hereby takes the following actions: 1. The City is hereby authorized and directed to apply for and submit to the Department, the AHSC City of South San Francisco Page 1 File Number. 19-73 Enactment Number. RES 10-2019 Program Application as detailed in the NOFA dated November 1, 2018, for the 2019-20 Fiscal Year in a total amount not to exceed $15,400,000 of which $9,000,000 is requested as a loan for an Affordable Housing Development ("AHD") ("AHSC Loan") and $6,400,000 is requested for a grant for Sustainable Transportation Infrastructure ("STI") ("AHSC Grant") is defined by the AHSC Program Guidelines adopted by the SGC on October 29, 2018. 2. If the application is approved, the Applicant is hereby authorized and directed to enter into, execute and deliver a State of California Standard Agreement in a total amount not to exceed $15,400,000 ($9,000,000 for the AHSC Loan and $6,400,000 for the AHSC Grant) and any and all other documents required or deemed necessary or appropriate to secure the AHSC Program funds from the Department, and all amendments thereto (collectively, the "AHSC Documents"). 3. Agrees that the City shall be subject to the terms and conditions as specified in the State of California Standard Agreement. Funds are to be used for allowable capital asset project expenditures. The application in full is incorporated as part of the Standard Agreement. Any and all activities funded, information provided and timelines represented in the application are enforceable through the Standard Agreement. Applicant hereby agrees to use the funds for eligible capital asset(s) in the manner presented in the application as approved by the Department and in accordance with the NOFA and Program Guidelines and Application Package. 4. In the event that the City is awarded AHSC funding, the City and ROEM Development Company will comply with all AHSC funding regulations; including but not limited to a unit income restriction of an average of 50% or below Area Median Income ("AMI") across all Below Market Rate (`BMR") units. 5. Authorizes the City Manager to execute, in the name of the City, the AHSC Program Application Package and the AHSC Program Documents as required by the HDC for participation in the AHSC Program. 6. Authorizes the City Manager, or his designee to take any other actions consistent with the intent of this resolution, subject to approval as to form by the City Attorney. RESOLVED FURTHER: That this resolution shall take effect immediately upon its passage. At a meeting of the Special City Council on 1/23/2019, a motion was made by Mark Addiego, seconded by Buenaflor Nicolas, that this Resolution be approved. The motion passed. Yes: 5 Mayor Matsumoto, Councilmember Addiego, Vice Mayor Garbarino, Nagales, and Nicolas Attest by 106 osa Govea Acosta City of South San Francisco Page 2