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HomeMy WebLinkAbout1978-07-05; Housing Authority; Resolution 103RESOLUTION NO. 103 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION AUTHORIZING THE HOUSING AUTHORITY OF THE COUNTY OF SAN DIEGO TO CONDUCT A RESIDENTIAL REHABILITATION LOAN PROGRAM IN THE AREA OF OPERATION OF THE HOUSING AUTHORITY OF THE CITY OF CARLSBAD WHEREAS, Section 34324 of the Housing Authorities Law (commencing with Section 34200 of the Health and Safety Code) permits two housing authorities to cooperate in the exercise of any or all of their powers, either jointly or otherwise, with respect to any housing project within the area of operation of one or more of the authorities; and WHEREAS, Section 34324 of the Housing Authorities Law permits one authority to authorize another authority with which it is co- operting in the exercise of powers to act on its behalf with respect to any or all of its powers in the name of such other authority; and WHEREAS, a housing authority may under the Housing Authorities Law conduct a residential rehabilitation housing project; and WHEREAS, the Housing Authority of the County of San Diego is preparing to conduce a $851,000 two year residential rehabili- tation loan program with below market interest rate loans (maximum loan of $10,000 with maximum term of 15 years) and deferred loans (maximum loan of $5,000) being made in certain target areas within its area of operation to persons whose income meets the income limits utilized by the U.S. Department of Housing and Urban Development in its Section 235 program and who have had title to the property for at least one year prior to applying for a loan, for purposes of residential improvements allowable 1 under the Federal Housing Administration's Title I home 2 improvement loan program; and 3 WHEREAS, the Housing Authority of the City of Carlsbad 4 desires that the Housing Authority of the County of San Diego 5 conduct the County's residential rehabilitation loan program 6 within the area of operation of the Housing Authority of the V City of Carlsbad as well as within the County Housing Authority's 8 area of operation; 9 BE IT RESOLVED that the Housing Authority of the City of 10 Carlsbad hereby authorizes the Housing Authority of the County 11 of San Diego to conduct, in the name of the Housing Authority 12 of the County of San Diego, the residential rehabilitation loan 13 program approved by the Board of Supervisors of the County of 14 San Diego on July 12, 1977 (No. 31), including any future 15 amendments to that program, within the area of operation of the 16 Housing Authority of the City of Carlsbad, until the termination of that program or any amendments or extensions thereof, or until 18 the Housing Authority of the City of Carlsbad, by resolution, terminates the authority granted herein. 20 //////// //////// 21 //////// //////// 22 //////// //////// 23 //////// //////// 28 //////// //////// 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a regular meeting of the City of Carlsbad Housing Authority, held on the fifth day of July , 1978, by the following vote, to wit: AYES: Skotnicki, Casler, Anear, Lewis and Packard NOES: ABSENT: RONALD C. PACKARD, Chairman ATTEST: , Secretary S-E-A-L