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HomeMy WebLinkAboutResolution 2018-009 RESOLUTION NO. 2018-009 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 2018. 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 Title 24, Code of Federal Regulations Section 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 Title 24, Code of Federal Regulations, Sections 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 within the City's jurisdiction through the HOME program for the 2018 program year. PASSED AND APPROVED this the 26th day of March, 2018. Resolution No.2018-009 Page 1 of 2 CITY OF ORT. RICHLAND HILLS By: Oscar Trevino, Mayor e \\\1t111�C11u11//fi,//'a ATTEST: `ee,��., lt�'"C�j�J®- c. n ...ti IAA •/--c.....) H--. ...43,9_,41 a: r Alicia Richardson, G /"495Er*t t eee °'u/umn u t1ee APPROVED AS TO FORM AND LEGALITY: y j 4 a Maleshia B. McGinnis, City Attorney Resolution No.2018-009 Page 2 of 2