HomeMy WebLinkAbout11-1360 02-08-2011RESOLUTION NO. 11-1360
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
2011.
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 $300,000 in HOME funding to be
expended on HOME eligible activities within the city's jurisdiction and has agreed to
meet all applicable matching contribution requirements 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, does hereby agree to commit up to $90,000 (30 %) in a
matched contribution to affordable housing for all activities undertaken through the
HOME program.
APPROVED AND ADOPTED at a regular meeting of the Euless City Council on
the 8th day of February 2011, by a vote of 7 ayes, 0 nays, and 0
abstentions.
APPROVED: ATTEST:
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Mary Lib aleh, Mayor Susan Cr! , TRMC, City Secretary