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HomeMy WebLinkAbout1353 - A RESOLUTION AUTHORIZING THE AMENDED AND RESTATED HOME CONSORTIUM INTERGOVERNMENTAL AGREEMENT; AND SETTING FORTH RELATED DETAILSRESOLUTION 1353 A RESOLUTION AUTHORIZING THE AMENDED AND RESTATED HOME CONSORTIUM INTERGOVERNMENTAL AGREEMENT; AND SETTING FORTH RELATED DETAILS THE CITY COUNCIL OF THE CITY OF BOULDER, COLORADO, HEREBY FINDS AND RECITES THAT: WHEREAS, the United States Government, through the National Affordable Housing Act of 1990, has established the HOME Investment Partnerships Act Program (“HOME” or “HOME Program”); and WHEREAS, through the U.S. Department of Housing and Urban Development (“HUD”), the City of Boulder, the City of Longmont, Boulder County, and the City and County of Broomfield (the “Parties”) have formed a HOME Consortium to administer the HOME program as a Participating Jurisdiction; and the City of Boulder is authorized and designated as the Lead Entity of the HOME Consortium; and WHEREAS, the Parties entered into a HOME Consortium Intergovernmental Agreement (“Intergovernmental Agreement”) dated May 13, 2019, to bring additional funds to the region for the purpose of expansion and rehabilitation of the supply of decent, safe, sanitary, and affordable housing and to strengthen partnerships among all levels of government and the private sector; and WHEREAS, the Parties agree to execute an Amended and Restated Boulder- Broomfield Regional HOME Intergovernmental Agreement to incorporate regulatory requirements and guidance provided by HUD and replace the Intergovernmental Agreement; and WHEREAS, the Parties agree to cooperate to undertake or to assist in undertaking housing assistance activities for the HOME Program; and WHEREAS, participation in the HOME Consortium will enhance cooperation between jurisdictions and will maximize the use of resources available to local governments to affect the housing-related problems of lower-income people; and NOW THEREFORE, BASED ON THE FINDINGS MADE IN THIS RESOLUTION, ABOVE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOULDER, COLORADO, THAT: The City Council of Boulder, Colorado, authorizes the city manager to sign the Amended and Restated Boulder-Broomfield Regional HOME Consortium Intergovernmental Agreement and any future amendments, in substantially the same form now before the City Council. ADOPTED this 5th day of September 2024. ______________________________ Aaron Brockett, Mayor ATTEST: ___________________________ Elesha Johnson, City Clerk