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48. AGREEMENT WITH ARIZONA HOUSING, INC FOR THE HOME INVESTMENT PARTNERSHIPS PROGRAM Approve the Agreement between Arizona Housing, Inc. (AHI), a nonprofit organization, and Maricopa County by and through its Human Services Department. The purpose of this Agreement is to accept the donation of eligible match credit for the HOME Investment Partnerships Program (HOME) in the amount of $127,694. This agreement is effective upon execution and will expire upon depletion of the match credit. No general funds are involved in this activity. The HOME program requires a 25% match contribution and may be recognized as a contribution made with respect to housing that qualifies as affordable housing under the HOME regulations. AHI provides rental housing located at 209 West Jackson Street in Phoenix that is eligible as a HOME activity under the federal regulations. Maricopa County waives property taxes due to the non-profit status of the organization; the value of those foregone property taxes qualifies as match credit under the HOME regulations. The HOME program is funded through a grant from the U. S. Department of Housing and Urban Development. (C-22-13-054-3-00)