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
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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
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CITY:
City of Meridian Attest:
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By: Taeerd, Mayor 01 or
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Vn SEAL
ty Clerk
PY17 SUBRECIPIENTAGREEMENT—ADA COUNTY HOUSING AUTHORITY PAGE 10 OF 10