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Home My WebLink AboutUS Dept. of Housing and Urban Development - 2007 HOME Funding Funding Approval and HOME U.S. Department of Housing OMB Approval No. 2506 -0171 g pp and Urban Development (Exp. 03/31/2005) Investment Partnerships Agreement Office of Community Planning Title II of the National Affordable Housing Act and Development Public reporting burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless that collection displays a valid OMB control number. The HOME statute imposes a significant number of data collection and reporting requirements. This includes information on assisted properties, on the owners or tenants of the properties, and on other programmatic areas. The information will be used: 1) to assist HOME participants in managing their programs; 2) to track performance of participants in meeting fund commitment and expenditure deadlines; 3) to permit HUD to determine whether each participant meets the HOME statutory income targeting and affordability requirements; and 4) to permit HUD to determine compliance with other statutory and regulatory program requirements. This data collection is authorized under Title II of the Cranston - Gonzalez National Affordable Housing Act or related authorities. Access to Federal grant funds is contingent on the reporting of certain project- specific data elements. Records of information collected will be maintained by the recipients of the assistance. Information on activities and expenditures of grant funds is public information and is generally available for disclosure. Recipients are responsible for ensuring confidentiality when public disclosure is not required. 1. Participant Name and Address 2. Participant Number City of Yakima M07 - MC - 53 - 0203 3. Tax Identification Number 129 North Second Street 916001293 4. Appropriation Number Yakima, WA 98901 U 2f1 C r Wr No: d4l9 -45 See item #18 below RESOLUTION NO: 5. FY (yyyy) 2007 6. Previous Obligation (Enter "0" for initial FY allocation) $ -0- a. Formula Funds $ -O- b. Community Housing Development Org. (CHDO) Competitive $ -0- 7. Current Transaction (+ or -) $ 632,684 a. Formula Funds $ 632,684 1. CHDO (For deobligations only) $ -0- 2. Non- CHDO (For deobligations only) $ -0- b. CHDO Competitive Reallocation or Deobligation (see #18 below) $ -0- 8. Revised Obligation $ 0 a. Formula Funds $ 0 b. CHDO Competitive Reallocation $ -0- 9. Special Conditions (check applicable box) 10. Date of Obligation (Congressional Release Date) ❑ Not applicable /1 Attached (mm /dd /yyyy) / / MAY 1 7 20',37 This Agreement between the Department of Housing and Urban Development (HUD) and the Participating Jurisdiction /Entity is made pursuant to the authority of the HOME Investment Partnerships Act (42 U.S.C. 12701 et seq.). The Participating Jurisdiction's /Entity's approved Consolidated Plan submission /Application and the HUD regulations at 24 CFR Part 92 (as is now in effect and as may be amended from time to time) and this HOME Investment Partnership Agreement, form HUD - 40093, including any special conditions, constitute part of this Agreement. Subject to the provisions of this Agreement, HUD will make the funds for the Fiscal Year specified, available to the Participating Jurisdiction /Entity upon execution of this Agreement by the parties. All funds for the specified Fiscal Year provided by HUD by formula reallocation are covered by this Agreement upon execution of an amendment by HUD, without the Participating Jurisdiction's execution of the amendment or other consent. HUD's payment of funds under this Agreement is subject to the Participating Jurisdiction's /Entity's compliance with HUD's electronic funds transfer and information reporting procedures issued pursuant to 24 CFR 92.502. To the extent authorized by HUD regulations at 24 CFR Part 92, HUD may, by its execution of an amendment, deobligate funds previously awarded to the Participating Jurisdiction /Entity without the Participating Jurisdiction's /Entity's execution of the amendment or other consent. The Participating Jurisdiction /Entity agrees that funds invested in affordable housing under 24 CFR Part 92 are repayable when the housing no longer qualifies as affordable housing. Repayment shall be made as specified in 24 CFR Part 92. The Participating Jurisdiction agrees to assume all of the responsibility for environmental review, decision making, and actions, as specified and required in regulation at 24 CFR 92.35 any 24 CFR Part 58. 11. For the U.S. Department of HUD (Name and Title of Authorized Official 12. 'ature ' �. -- 13. Date John W. Peters, Director, Office of CPD " a �i o s ' , � 14. For the Participating Jurisdiction /Entity (Name and Title of Authorized Official) 15. Signature 16. Date .fug > %!� v r �''^ //1 /2 7 .(ii 17. Check one: Initial Agreement ❑ Amendment # 18. Funding Information: CHDO Competitive Reallocation Source of Funds Appropriation Code PAS Code Amount Source of Funds Appropriation Code PAS Code Amount FY 2007 HOME 867/90205 $632,684 $ $ $ form HUD -40093 (04/2004) 11. SPECIAL CONDITIONS a. The funding assistance authorized hereunder shall not be obligated or utilized for any activities requiring a release of funds under the Environmental Review Procedures for the HOME Program at 24 CFR part 58, until such release is issued in writing. • • O P .�p�ENTo 0, U.S. Department of Housing and Urban Development Z Office of the Regional Director *I I�I1II * i 2 CLAY 1 7 20 �,;�(� 07 9 egN DE \I C-\P Region X RECEIVED Honorable Dave Edler CITY OF YA141M Mayor, City of Yakima 129 North Second Street MAY 1 8 2007 Yakima, WA 98901 OFFICE OF CITY COUNCIL Dear Mayor Edler: SUBJECT: Action Plan Approval I am pleased to inform you that the 2007 Action Plan has been reviewed and approved. By our review, we have concluded that the Plan is consistent with the purposes of the Cranston - Gonzales National Affordable Housing Act, and the Housing and Community Development Act of 1974. Further we conclude that it is substantially complete and that the accompanying certifications are acceptable. The enclosed grant agreements provide $1,210,374 for the Community Development Block Grant (CDBG) and $632,684 for the HOME Investment Partnership Act (HOME) programs for the 2007 program year. We have executed three original copies of the agreements for each program. The appropriate city official should sign all of the agreements, in original signature, and return two copies of each agreement to this office within two weeks of receipt. The third copy should be retained for your records. Please note that the Action Plan approval is not a concurrent deteiuiination that the eligibility and statutory objectives of the authorizing legislation will be met by the proposed activities. We look forward to working with you and your staff on the effective implementation of the activities described in your Annual Action Plan. If you have questions, please contact John W. Peters, Director, Office of Community Planning and Development, at (206) 220 -5150. Sincerely, -/r John Meyer Regional Director Enclosures cc: William Cobabe Suite 255 • Seattle Federal Office Building • 909 First Avenue • Seattle, WA 98104 -1000 www.hud.gov /washington.html espanol.hud.gov