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Report regarding a resolution approving the Second Amendment to the Cooperation Agreement of the San Mateo County HOME Consortium under the Cranston-Gonzales National Affordable Housing Act. (Alvina Condon, Management Analyst II)
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RECOMMENDATION?
Staff recommends City Council adopt a resolution authorizing the City Manager to execute a Second Amendment to the Cooperation Agreement between the County of San Mateo and the City of South San Francisco, which allows the City to receive federal HOME Administrative funds via the San Mateo County HOME Consortium.
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BACKGROUND
The County of San Mateo receives HOME funds from the U.S. Department of Housing and Urban Development (HUD) and distributes a portion of its HOME Administrative funds to members of the San Mateo County HOME Consortium. On June 21, 2005, a Cooperation Agreement between the County of San Mateo and the City of South San Francisco was executed allowing the City to join the San Mateo County HOME Consortium for purposes of receiving HOME funds under the Cranston-Gonzales National Affordable Housing Act. The initial term of the Cooperation Agreement was for the Federal fiscal years 2006, 2007, and 2008, and renews automatically every three years for a new three-year period on the same terms and conditions unless the Consortium membership changes or a Consortium member expressly chooses not to participate.
The County of San Mateo and the City of San Mateo signed a First Amendment to the Cooperation Agreement on July 21, 2015, to add the City of San Mateo as a member of the San Mateo County HOME Consortium. That First Amendment also incorporated changes required by HUD regarding automatic renewal provisions of cooperation agreements as described in CPD Notice 13-002. Before the beginning of each three-year automatic renewal period, the County submits a statement to the HUD Field Office whether any amendments have been made to the Cooperation Agreement and if the Consortium's...
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