HomeMy WebLinkAbout15-1458 03-10-2015 RESOLUTION NO. 15-1458
A RESOLUTION OF THE CITY OF EULESS, TEXAS AGREEING TO
MEET ALL MATCH CONTRIBUTION REQUIREMENTS FOR THE
EXPENDITURES UNDER THE TARRANT COUNTY HOME
INVESTMENT PARTNERSHIPS PROGRAM FOR PROGRAM YEAR
2015.
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 Euless 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 Euless has requested $200,000 in HOME funding to be
expended on HOME eligible activities within the city's jurisdiction and has agreed to
provide a 30 percent matching contribution for all HOME funds expended within the City
of Euless in accordance with §92.218; §92.219; and §92.220.
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE
CITY OF EULESS, TEXAS, THAT:
SECTION 1.
The City of Euless does hereby agree to commit up to $60,000 (30%) in a
matched contribution to affordable housing for all activities undertaken in our city
through the HOME program.
SECTION 2.
This Resolution shall become effective immediately from and after its passage,
as the law and charter in such cases provide.
APPROVED AND ADOPTED at a regular meeting of the Euless City Council on the 10th
day of March 2015, by a vote of 6 ayes, 0 nays, and 0 abstentions.
APPROVED:
•
Lin•a -rtin, Mayor
ATTEST:
Kim 'utter, TRMC, City Secretary
Resolution No. 15-1458, Page 2 of 2