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HomeMy WebLinkAboutResolution 2017-011 RESOLUTION NO. 2017-011 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS, AGREEING TO MEET ALL MATCH CONTRIBUTION REQUIREMENTS FOR THE EXPENDITURES UNDER THE TARRANT COUNTY HOME INVESTMENT PARTNERSHIPS PROGRAM FOR PROGRAM YEAR 2017. WHEREAS, the HOME Program was created by the National Affordable Housing Act of 1990 (NAHA) and is intended to provide decent affordable housing to lower-income households; expand the capacity of nonprofit housing providers; strengthen the ability of state and local government to provide housing, and leverage private-sector participation; and WHEREAS, Tarrant County is a Participating Jurisdiction under the HOME Investment Partnerships Program in accordance with § 92.105; and WHEREAS, the City of North Richland Hills is a member of the Tarrant County Urban County Community Development/HOME Consortium and is eligible to participate in the HOME program; and WHEREAS, the City of North Richland Hills has requested $120,000 in HOME funding to be expended on HOME eligible activities within the city's jurisdiction and has agreed to provide a 30% matching contribution for all HOME funds expended within the City of North Richland Hills, in accordance with §92.218; §92.219; and §92.220. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS: SECTION 1. That the City of North Richland Hills does hereby agree to commit $36,000 in matching contribution to affordable housing for all activities undertaken in our city through the HOME program for the 2017 program year. PASSED AND APPROVED this the 6th day of March, 2017. CITY • NOR i H 'ICHLAND HILLS By: Oscar _ lino, ayor Resolution No.2017-011 Page 1 of 2 ATTEST: Q li 9.,t-t te:.3 Zi. .. i Alicia Richardson, City Sktetary h :�0, APPROVED AS TO FORM ANN,.. fE.ALITY: t Ma eshia Farmer, City Attorney Resolution No.2017-011 Page 2 of 2