HomeMy WebLinkAbout1993-09-09; Housing Commission; Resolution 93-0081
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HOUSING COMMISSION RESOLUTION NO. 93-008
A RESOLUTION OF THE HOUSING COMMISSION OF THE
CITY OF CARLSBAD, CALIFORNIA RECOMMENDING
APPROVAL OF THE APPROPRIATION OF $250,000 IN
MATCHING FUNDS FROM THE REDEVELOPMENT LOW
AND AUTHORIZING THE HOUSING AND REDEVELOPMENT
DIRECTOR TO EXECUTE DOCUMENTS
WHEREAS, the Redevelopment Agency of the City of Carlsbad,
hereinafter referred to as "Agency", is a Community Redevelopment Agency organized
and existing under the Community Redevelopment Law, Health and Safetv Code
Section 33000, et.seq., hereinafter referred to as the "Act"; and
AND MODERATE INCOME HOUSING SET-ASIDE FUNDS
WHEREAS, the Agency is authorized to implement the Redevelopment
Plan for the Carlsbad Village Redevelopment Project Area; and
WHEREAS, Section 33334.2 of the Act requires that not less than
twenty percent (20%) of all taxes which are allocated to the Agency for purposes of
increasing and improving the community's supply of low and moderate income
housing; and
WHEREAS, pursuant to Section 33334.2 of the Act, the Legislature
declares its intent that the Low and Moderate Income Housing Set-aside Fund shall be
used to improve and increase housing in the community; and
WHEREAS, to carry out the purposes of increasing and improving the
community's supply of low and moderate income housing, Section 33334.2 (e) of the
Act states that the Agency may exercise any or all of its powers, including without
limitations, acquiring land or building sites, improving land or building sites with onsite
or offsite improvements, donating land to private or public persons or entities,
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constructing buildings or structures, acquiring buildings or structures, providing
subsidies to, or for the benefit of, very low income households, lower income
households, or persons or families of low and moderate income, or other powers to
carry out the purposes of the Act; and
WHEREAS, the Housing Commission recommends that the Housing and
Redevelopment Commission APPROVE the expenditure of $250,000 from the Low and
Moderate Income Housing Set-aside Fund both inside and outside the Redevelopment
Project Area for the purposes of providing rental subsidies to lower income
house holds;
NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing
Commission of the City of Carlsbad, California, as follows:
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The above recitations are true and correct.
That the expenditures of monies from the Low and Moderate Income
Housing Fund for the purposes of providing rental subsidies to lower
income households both inside and outside the Redevelopment Project
Area, in which such funds are generated, are and will be of benefit to the
respective Project Area.
The Housing Commission hereby recommends that the Housing and
Redevelopment Commission authorize the Agency to expend a maximum
of $250,00Ofrom the Low and Moderate Income Housing Set-aside Fund
for the purposes of providing a rental assistance program for lower
income households.
That the Low and Moderate Income Housing Set-Aside Funds will be
used in combination with Federal Home Investment Partnership Program
Funds (HOME) to finance the costs of providing rental subsidies to lower
income households.
The Housing Commission hereby recommends the Housing and
Redevelopment Director to execute documents required for the
appropriation of $250,000 in matching funds from the Redevelopment
HC RES0 NO. 93-008 -2-
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Low and Moderate Income Housing Set-aside Funds in order to provide
rental assistance opportunities for low income residents within the City
of Carlsbad.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the
Housing Commission of the City of Carlsbad, California, held on the 9th day of
September, 1993 by the following vote, to wit:
AYES: E. Scarpelli, Chairperson; D. Avis, C. Sato, B. Noble, N.
Calverley, J. Rombotis, 0. Escobedo, M. Peterson,
Commissioners
NOES: K. Wellman, Commissioner
ABSENT: None
ABSTAIN: None
ATTEST:
EVAN BECKER
HOUSING AND REDEVELOPMENT DIRECTOR
HC RES0 NO. 93-008 -3-