C-number: C-22-14-070-3
Item Text
61. AGREEMENT WITH GUADALUPE COMMUNITY DEVELOPMENT CORPORATION Approve a Community Housing Development Organization (CHDO) Contract between Guadalupe Community Development Corporation and Maricopa County through the Human Services Department in the not-to-exceed amount of $205,000. This agreement is funded by a grant from the U.S. Department of Housing and Urban Development (HUD). The purpose of this agreement is to provide funds to Guadalupe Community Development Corporation for the construction of four single family homes in the Town of Guadalupe to benefit low to moderate income homebuyers. The agreement is effective July 1, 2013 and will be in effect until all funds are expended and drawn against the Letter of Credit or until the Scope of Work is complete and any remaining funds are returned. The term will not extend beyond June 30, 2016. The housing activities shall meet all program requirements for the required period of affordability. There is no General Fund impact. Maricopa County is the lead agency for the Maricopa HOME Consortium. The Consortium is required to allocate 15% of the HOME Investment Partnerships Program allocation for CHDO Set-Aside projects. Maricopa HOME Consortium and the Maricopa Urban County Annual Action Plans identify funding allocations for the Community Development Block Grant (CDBG), Home Investment Partnerships Program (HOME), and Emergency Solutions Grant (ESG) funds for submission to the U.S. Department of Housing and Urban Development (HUD). The Annual Action Plan (AAP) identifies proposed projects to be undertaken during the FY 2010-2014 Five-Year Consolidated Plan: FY 2013-2014 is year four of five under the Consolidated Plan. (C-22-14-070-3-00)
Attachments (1)
1 item(s) sharing C-number base C-22-14-070-3