Loading...
HomeMy WebLinkAboutAda County Housing AuthoritySUBRECIPIENT AGREEMENT BETWEEN CITY OF MERIDIAN AND ADA COUNTY HOUSING AUTHORITY FOR PROGRAM YEAR 2017 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS This Agreement is entered into this q day of '�61vL) .r , 2018 by and between the City of Meridian, a municipal corporation organized under the laws of the state of Idaho ("City") and Ada County Housing Authority, a public body corporate and politic established under the laws of the state of Idaho ("Subrecipient"). WHEREAS, City is an entitlement community, and as such has applied for, and been granted authority to receive, funds from the United States Department of Housing and Urban Development ("HUD") under Title I of the Housing and Community Development Act of 1974, Public Law 93-383, i.e., Community Development Block Grant ("CDBG") funds; and WHEREAS, Subrecipient assists families in obtaining decent, safe, and affordable housing solutions, which activities complement the objectives of the CDBG program; and WHEREAS, City and Subrecipient wish to enter into a cooperative agreement for the investment of CDBG funds from Program Year 2017 ("PY17") and Program Year 2016 ("PY16"); and WHEREAS, Appendix II to 2 Code of Federal Regulations ("CFR") Part 200 establishes required "contract provisions for non-federal entity contracts under Federal awards"; and WHEREAS, as to the PY17 funds, it is acknowledged by the Parties that although Congress has signed an appropriation bill committing the funds set forth in this Agreement, and HUD has notified City of its apportionment and approved the City's Action Plan, availability of CDBG funds to City, and thus to Subrecipient, is subject to Congressional release of such funds to HUD and HUD's release of such funds to City; and that City's obligation to provide funding to Subrecipient under this Agreement is provisional, pending the availability of such funds; NOW, THEREFORE, in consideration of the mutual covenants of the parties, the Parties agree as follows: I. SCOPE OF SERVICE A. Activities. Subrecipient shall use City's PY17 CDBG funds in an amount not to exceed fifty thousand dollars ($50,000) and PY16 CDBG funds in an amount not to exceed five thousand dollars ($5,000), for a total funded amount not to exceed fifty-five thousand dollars ($55,000), to provide direct homeownership assistance to help low/moderate income ("LMI") person purchase homes. Specifically, Subrecipient shall undertake the following activities: 1. Subsidize mortgage principal amounts; 2. Pay any or all of the reasonable closing costs; and 3. Pay up to 50% of the down payment required by the mortgagee. B. National Objective. Subrecipient certifies that the activities carried out using the City's PY17 and PY16 CDBG funds provided by City under this Agreement will meet one or more of the CDBG program's National Objectives as defined in 24 CFR § 570.208. Specifically, Subrecipient's activities under this agreement shall benefit LMI persons (24 CFR § 570.208 (a)(2)(i)(C))• PY17 SUBRECIPIENT AGREEMENT -ADA COUNTY HOUSING AUTHORITY PAGE 1 OF 10 M e r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a J a n u a r y 9 , 2 0 1 8 – P a g e 7 4 o f 4 7 5 M e r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a J a n u a r y 9 , 2 0 1 8 – P a g e 7 5 o f 4 7 5 M e r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a J a n u a r y 9 , 2 0 1 8 – P a g e 7 6 o f 4 7 5 M e r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a J a n u a r y 9 , 2 0 1 8 – P a g e 7 7 o f 4 7 5 M e r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a J a n u a r y 9 , 2 0 1 8 – P a g e 7 8 o f 4 7 5 M e r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a J a n u a r y 9 , 2 0 1 8 – P a g e 7 9 o f 4 7 5 M e r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a J a n u a r y 9 , 2 0 1 8 – P a g e 8 0 o f 4 7 5 M e r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a J a n u a r y 9 , 2 0 1 8 – P a g e 8 1 o f 4 7 5 M. Severability. If any provision of this Agreement is held invalid, the remainder of the Agreement shall not be affected thereby and all other parts of this Agreement shall nevertheless be in full force and effect. N. Entire Agreement. This Agreement contains the entire agreement of the parties and supersedes any and all other agreements or understandings, oral or written, whether previous to the execution hereof or contemporaneous herewith. O. Non -waiver. Failure of either party to promptly enforce the strict performance of any term of this Agreement shall not constitute a waiver or relinquishment of any party's right to thereafter enforce such term, and any right or remedy hereunder may be asserted at any time after the governing body of either party becomes entitled to the benefit thereof, notwithstanding delay in enforcement. P. Approval required. This Agreement shall not become effective or binding until approved by the respective governing bodies of both City and Subrecipient. IN WITNESS WHEREOF, the parties shall cause this Agreement to be executed by their duly authorized officers to be effective as of the day and year first above written. SUBRECIPIENT: Ada County Housing Authority a Deanna CITY: City of Meridian Attest: O�eOED AUC By: Taeerd, Mayor 01 or mmy w , ay Co �E IDIAN� -4 IOAHO Vn SEAL ty Clerk PY17 SUBRECIPIENTAGREEMENT—ADA COUNTY HOUSING AUTHORITY PAGE 10 OF 10