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HomeMy WebLinkAbout11 CONT KM97209 07-20-98AGENDA DATE: JULY 20, 1998 NO. 11 7-20-98 TO: FROM: SUBJECT: WILLIAM A. HUSTON, CITY MANAGER REDEVELOPMENT AGENCY STAFF APPROVAL OF COUNTY OF ORANGE DEVELOPMENT CONTRACT KM97209 HOUSING AND COMMUN~Y SUMMARY: The County of Orange has awarded Tustin a total of $190,000 in HOME program[ funds for use in the city's first time homebuyers program. In order for Tustin to utilize these fundsI for its homebuyers program, a contract needs to be entered into between the County of Orange andI Tustin.. .I RECOMMENDATION It is recommended that the City Council, at its regular meeting of July 20, 1998, authorize the Mayor to sign a County of Orange contract, subject to a furore amendment, which will allow the City of Tustin to utilize $190,000 in HOME program funds for the City's fa'st time homebuyers program. FISCAL IMPACT The execution of the contract will provide Tustin with $190,000 in program funds which will be used as a portion of the funding for the city's first time homebuyers programs. Existing staff and a previously selected contractor will be used to administer the fn'st time homebuyers program. So there will be no new costs to administer this program. BACKGROUND In 1993 Tustin entered into a cooperative agreement with Orange County in which the parties agreed to cooperate in the undertaking, or assist in the undertaking of community development and housing assistance programs. To assist in the development of housing assistance programs, Tustin was awarded a total of $190,000 in HOME program funds from the United States' Department of Housing'and Urban Development. Like other Orange County cities, Tustin finds that market rate housing prices exceed the ability of many in the community to afford home ownership. Two specific barriers for these purchasers have been identified: The ability to have adequate funds for downpayments and closing costs C'ity Council Report July 20, 1998 Approval of Contract Page 2 · The ability to make monthly mortgage payments within acceptable housing cost to income ratios. To assist in removing these barriers, staff previously received City Council approval to provide two types of "silent" loans, subordinated to market issued first trust loans. The first will be used for downpayment and closing cost assistance, and the second will be used for loans to reduce the size and amount of monthly payment for first trust deed mortgages to allow for buyers to achieve market level housing cost to income ratios. The programs will be available city-wide and will also benefit the Town Center and South Central project areas by creating opportunities for affordable housing. The initial funding for these loans will come from two sources: the Redevelopment Agency's tax increment housing set-aside funds ("Set-Aside Funds") and the HOME Program as established and regulated by the United States Department of Housing and 'Urban Development (HUD). The Agency intends to utilize HOME funds for all applicants eligible under federal regulations until our current allocation of them is depleted. Other applicants will be assisted under a Redevelopment Agency assistance package utilizing Housing Set-Aside funds. The execution of the subject contract will allow the City to utilize the HOME program funds awarded to it by the County of Orange. The City Attorney's office has reviewed and approved the Proposed contract. Christine A. Shingleton ~/ Executive Director Tustin Community Redevelopment Agency David Gottlieb Senior Redevelopment Project Manager 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 ,..atract No. KM97209 COUNTY OF ORANGE HOUSING AND COMMUNITY DEVELOPMENT CITY ADMINISTERED HOME Program Year VI TITLE OF PROJECT: City of Tustin- "First Time Home Buyer Program" (FTHB) MEMORANDUM OF CONTRACT entered into this day of ., 1998 AND BETWEEN City ofTustin, a municipal corporation, in the State of California, and hereinafter referred to as "CITY". COUNTY OF ORANGE, a political sub- division of the State of California and recognized Urban County under the Federal Housing and Community Development Act of 1974 (Public Law 93-383), as amended, hereinafter referred to as "COUNTY". RECITALS This Contract is made with reference to the following facts; WHEREAS, the COUNTY has applied for and received funds from the United States Government pursuant to the HOME Investment Partnership Program (enacted by the National Affordable Housing Act of 1990), hereinafter referred to as 4, HOME , and WHEREAS, COUNTY and CITY previously entered into a Cooperatiori Agreement dated June 8, 1993 in which both parties agreed to cooperate in the undertaking, or assist in the undertaki'ng, of community development and housing assistance activities; and WHEREAS, CITY was previously awarded funding under the HOME Program, 1 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 '29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Contract No. KM97209 which on January 13, 1998 was re-programmed for use in the First Time Home- Buyer program by action of the Orange County Board of Supenrisors; and WHEREAS, CITY has submitted to COUNTY an application for funding of a project described herein; and WHEREAS, HUD has accepted and certified the aforementioned Final Annual Action Plan, on July 16, 1996; as well as the reprogramming for this activity. NOW, THEREFORE, IT IS AGREED by and between the parties that the following provisions as well as all applicable Federal Regulations, including 24 CFR Part 92, and appropriate State and Countylaws and regulations including the attached GENERAL CONDITIONS, identified as Exhibit "A", and Exhibit "B" are part of this Contract. I. SCOPE OF SERVICES A. ACTIVITIES CITY will act as PROJECT MANAGER and will be. responsible for administering a Year V HOME project described as follows in a manner satisfactory to the COUNTY and consistent with any standards required as a condition of providing these funds: Project Description: The City of Tustin will utilize HOME funding for its "First Time Home- Buyer Program" (FTHB). The program will provide assistance with down payments for households with annual incomes pursuant to HUD regulations. Program Delivery: Activity No. 1' Second mortgage loan/Down payment General Administration: CITY Shall provide the oversight, administration and 6 7 8 9 !0 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 29 3O 31 32 33 34 35 36 37 38 39 40 41 42 43 Contract No. KM97209 project management necessary to accomplish all contracted activities. Housing Affordability: The housing which is for acquisition by a family must be affordable as defined in 24 CFR Part 92'254. The resale/recapture requirements are intended to assure that affordable housing is maintained in the community pursuant to HUD regulations. Deed restrictions regarding affordability will be placed on each property. B. LEVELS OF ACCOMPLISHMENT Activity Activity No. 1: Second trust deed/mortgage loans Level of Accomplishment C. BUDGET 1. This contract is in an amount not to exceed $190,000.00 (One Hundred Ninety Thousand Dollars and 00 cents). 2. Funds shall be used for the following items: Costs relating to assisting with down. payments for first time homebuyers. Furthermore, compensation may be reallocated to address any costs incurred for previously unbudgeted uses eligible under the applicable State and Federal regulations upon written request from CITY and written approval by the DIRECTOR, particularly the Federal regulations at 24 CFR Parts 92.205 - 92.215 and 254(a). D. PERFORMANCE MONITORING The COUNTY will, in accordance with Section III.A. of this Contract, monitor the performance of the CITY against the goals and performance standards, required herein. Substandard performance as determined by COUNTY will constitUte non-compliance with this Contract and COUNTY may /// 10 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Contract No. KM97209 thereafter terminate the Contract pursuant to Section H of Exhibit A "General Conditions", attached hereto. CITY agrees: 1. To comply with all applicable Federal and COUNTY regulations, as may be periodically revised by HUD, Office of Management and Budget, or other Federal agencies and COUNTY. 2. To fully cooperate with the COUNTY on matters concerning the scheduled completion and submittal of materials, information and documentation requested by the COUNTY to comply with Federal Grantee Performance Reporting requirements. Failure to do so may'result in the COUNTY withholding future payment. 3. To comply with COUNTY procedures concerning the Grantee Performance Report (GPR) Form. The CITY also acknowledges that the GPR FORM is a monitoring tool that will be reviewed and evaluated by County to determine CITY's level of accomplishments relative to this Contract. 4. To fully comply with the terms and conditions of the subject agreement. Failure to do so may result in the suspenSion or termination of said agreement. Any terms or conditions proposed subsequent to the effective date of this contract are invalid until such time that the DIRECTOR has considered and approved said terms and conditions in writing. Any revisions to the terms and conditions set forth herein shall be incorporated into this agreement in accordance with Section I.G. (Amendments) of Exhibit "A" attached. II. TIME OF PERFORMANCE Services of the CITY shall begin on May 1, 1998 and funds shall be committed by November 30, 1998. The term of this contract and provisions herein may be extended to cover an 4 1 2 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Contract No. KM97209 additional time period as specified in Section V.B. of this Contract. III. PAYMENTS A. CONTRACT AMOUNT It is expressly agreed and understood that the total amount to be paid by the coUNTy under this Contract shall not exceed the amount stated in Section I.C. of this Contract. On a monthly basis CITY may invoice COUNTY for reimbursement of eli~ble coSts (See Exhibit · A). Concurrently with its request for the aforementioned funds, CITY shall submit to the COUNTY the following support documentation: Copies of paid invoices, receipts, payroll records, bank Statements, canceled checks and other items adequate to document project expenditures. CITY shall also proVide a performance report for the time period identified in the aforementioned reimbursement invoice, including Grantee Performance Direct Benefit Activity Information addressing its level of performance with each activity undertaken relative to the scope of services set forth in Section I., herein. Compensation of CITY reimbursement invoices will depend upon appropriate and timely performance of objectives as set forth above. COUNTY may withhold >ayment if CITY fails to meet measurable objectives as set forth in Sections I.A. and I.B. above. .Xlo payment will be authorized if any preceding month's reports or invoices are not submitted to COUNTY. V. SPECIAL CONDITIONS A. DEFINITIONS For the purposes of this Contract the following definitions shall apply: 1. PROJECT MANAGER: The City of Tustin 5 6 7 8 9 10 11 12 13 14 15 16 17. 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 4O 41 42 43 44 Contract No. KM97209 2. DIRECTOR: Director of the Orange County Housing and Community DeveloPment Department, or his designee. 3. REIMBURSABLE BASIS: The CITY will provide the funds for the project and will submit proof of payment to COUNTY, whereupon after approval by COUNTY, COUNTY will repay the CITY. B. PROJECT FUNDING 1. CITY shall submit any invoices for expenditure under this Contract within 90 days of the Contract expiration date. 2. The date for PROJECT completion and expenditure of all funds may be extended by the DIRECTOR for a period not to exceed twelve (12) months from November 30, 1998. Any such extension must be in writing and signed by the DIRECTOR. In the event of such extensiOn the deadline for submittal of invoice shall be 90 days after the new completion date. After Contract expiration, all unexpended funds remaining from this Contract may be allocated by COUNTY to other eligible programs. 3. Prior to the DIRECTOR authorizing any contract extension, the COUNTY must receive a written request from an officially recognized CITY representative (i.e. Director, Mayor, City Manager) to extend this'Contract. Said written request must include a revised budget for funds being extended, if that budget is different in scope of services from the originally agree upon scope of services. 4. Any request for the extension of this contract must be received by the DIRECTOR at least forty-five (45) days prior to November 30, 1998. 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Contract No. KM97209 5. Fa/lure to extend this contract prior to the agreed upon termination date may result in the COUNTY withholding payment of future payments, terminating this contract anct/or reallocating all unobligated funds to be used on other eligible projects managed through the HOME PROGRAM. 6. After Contract expiration, all unexpended funds remaining from this Contract may b'e allocated by COUNTY to other eligible programs. C. PROGRAM INCOME 1. The CITY shall comply with regulations set forth in TITLE 24 CFR 570.504, as well as related federal, state or County regulations concerning the reporting and payment )rocedures for program income, as set forth in Section II.C. of the attached Exhibit "A". 2. All Program Income accrued shall be drawn down prior to the CITY receiving any reimbursement fi'om grant funds administered by COUNTY. D. CITY agrees: 1. That DIRECTOR shall periodically evaluate the CITY's progress in complying with the terms of tiffs Contract. CITY shall cooperate fully during such monitoring. DIRECTOR shall report the findings of each monitoring to the CITY. DIRECTOR may, at his discretion, report said findings to the Orange County Board of Supervisors. If it is determined by the Board of Supervisors that CITY performance'to or progress on performance is unsatisfactory, the Board of Supervisors may terminate this Contract. In addition, the Board of Supervisors may require the CITY to reimburse the COUNTY any funds that it determined to be improperly expended or not expended on the project in a timely manner based on applicable HOME Program Regulations. 2. That this Contract is conditional upon COUNTY being funded by HUD, and 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 29 3O 31 32 33 34 35 36 37 38 39 4O 41 42 43 44 the release of funds to COUNTY. Contract No. KM97209 3. To comply with HUD Environmental Review pursuant to 24 CFR, Part 50 which implements Section 102(2)(c) of the National Environmental Policy Act of 1969. . To comply with the California Environmental Quality Act. 5. That funds may not be disbursed until the required environmental documentation clearance has been issued. 6. To comply with all applicable HUD regulations concerning administrative requirements, as set forth in Section II. (ADMINISTRATIVE REQUIREMENTS) of the attached Exhibit "A" (General Conditions), and maintain records as to services provided and total number of persons served through the project, including percentage of: low income persons and very-low income persons as defined by HUD; persons by ethnicity; female-headed households. Such information shall be available for periodic monitoring by representatives of the County or HUD and shall be submitted in report form to COUNTY per County of Orange procedures. E. MODIFICATIONS/TRANSFERS 1. Any proposed modification or change in use of real property acquired in whole or in part by HOME funds from the use planned at the time of the acquiSition, including disposition, must be reported by CITY to the COUNTY within ten (10) day of such change, and receive written approval by DIRECTOR prior to modification or change in use. 2. Housing assisted with HOME funds that does not meet the affordability requirements for the period specified in Section I.A. above, must be repaid as follows: Any repayment of HOME funds (including repayment required if the housing no longer qualified affordable housing), and any payment of interest or other return on the investment of HOME funds, 1 2 3 4 5 6 7 8 9 i0 !1 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 · 29 30 31 32 33 34 35 36 37 38 39 40 41 42 ~3 44 Contract No. KM97209 must be deposited in Orange County's HOME Investment Trust Fund local account, except that if Orange County is not a participating jurisdiction when the payment or repayment is made, the funds must be remitted to HUD and reallocated in accordance with 24' CFR Section 92.454. Any amendment to this contract shall be completed in accordance with Section I.G. (Amendments) of Exhibit "A" attached. G. AUDITS 1. The Federal government requires that Cities receiving $25,000 or more in Federal assistance in a fiscal year must secure an audit. Agencies receiving $25,000 or more must meet this requirement through one of the following methods. Failure to meet this requirement Will result in the COUNTY denying CITY reimbursement requests. A. If CITY currently conducts audits of all its funding sources, including HOME, CITy.must submit a copy of its most recent audit to the COUNTY. B. If CITY currently conducts audits of its other funding sources but has neither received nor included HOME in the past, the scope of the audit would be modified to incorporate HOME audit requirements. C. If CITY does not have a current audit process in place, CITY will be :required to develop a process that meets the DIRECTOR's approval. 2. CITY agrees to obtain an annual audit within 180 days after the er~d of each accounting year. Copies of said audit shall be transmitted to the COUNTY within 30 days after being received and approved by the CITY. DIRECTOR shall have the fight to ensure that necessary corrective actions are made by the CITY for any audit findings pertinent to 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 3O 31 32 33 34' 35 36 37 38 39 4O 41 42 43 44 Contract No. KM97209 CITY handling of funding attributable to the HOME Program per Federal requirements. 3. All CITY records with respect to any matters covered by this Contract shall be made available to the COUNTY or the United States government at any time during the normal business hours, as often as the COUNTY deems necessary to audit, examine or make excerpts or transcripts of relevant data. Any deficiencies noted in audit reports must be fully cleared by the CITY within 30 days after the receipt by the CITY. Failure of the CITY to comply with the above audit requirements will constitute a violation of this contract and may result in the withholding of future payments. The CITY hereby agrees to have an annual agency audit conducted in accordance with current COUNTY policy concerning CITY audits and, as applicable, OMB Circulars A-133 and OMB Circular A-128. VI. NOTICES Any communication concerning this Contract shall be directed as follows: For the COUNTY: County of Orange Housing and Community Development 1770 North Broadway Santa Ana, California 92706 Attn: Chief, Grant Management Section For the CITY: City of Tustin 300 Centennial Way Tustin, CA 92780 Attn: 10 1 2 3 5 6 7 9 i! '_,2 13 !4 16 i7 !9 2o 21 22 23 24 25 26 27 29 3O 31 32 33 34 35 36 37 3~ 39 4O 41 42 43 44 Contract No. KM97209 IN WITNESS WHEREOF, CITY has caused this Contract to be executed by its Mayor and attested by its Clerk; COUNTY has caused this Contract to be executed by the Director of Housing and Community Development, all having been duly authorized by the City Council of CITY and the Orange County Board of Supervisors. APPROVED AS TO FORM: City ofTustin a municipal corporation in the State of California CITY ATTORNEY DATED: 47/ff-/ By: Mayor Date ATTEST: COUNTY OF ORANGE, a political subdivision of the State of California City Clerk Date By: Pam Leaning, Director Housing and Community Development APPROVED AS TO FORM LAURENCE WATSON, COUNTY COUNSEL ORANGE COUNTY, CALIFORNIA HOME Year VI lm: 3/12/98 11