NEWTOWN-CITY OF CHANDLER CHDO AMEND 2.PDF

Contract No. C-22-18-033-3-02 Amendment No. 2
AMENDMENT TO THE AGREEMENT
BETWEEN
MARICOPA COUNTY
ADMINISTERED BY ITS
HUMAN SERVICES DEPARTMENT
AND
NEWTOWN COMMUNITY DEVELOPMENT CORPORATION
AND
THE CITY OF CHANDLER
I. Maricopa County (“County”) administered by its Human Services Department and Newtown
Community Development Corporation, a Community Housing Development Organization
(“CHDO”), and the City of Chandler (“City”) entered into a financial agreement for services
(“Agreement”) on or about April 1, 2018. The purpose of the Agreement is for the CHDO to acquire,
rehabilitate and resell two (2) single family homes in Chandler area for Newtown’s Chandler
Community Land Trust Program. The City provides administration and monitoring of project
activities. The County provided $182,784 in 2017 HOME Investment Partnerships Program (HOME)
funds from the U.S. Department of Housing and Urban Development (HUD). The County, the
CHDO and the City may be referred to individually as “Party” or collectively as “Parties.”
The Parties executed Amendment No. 1 on or about October 18, 2018 to add a 2018 Work Statement
to the Agreement for the acquation, rehabilitation and resale of four (4) single family homes to be
included in their Community Land Trust program. The County provided $473,522 for the the 2018
Work Statement activities.
II. The Parties wish to amend the Agreement as follows (Amendment No. 2):
A. Add an additional Work Statement hereinafter referred to as “2017 Reallocation Work
Statement” for the acquation, rehabilitation and resale of one (1) single-family home to be
included in their Community Land Trust program.
B. The County will provide funding for 2017 Reallocation Work Statement in an amount not-to-
exceed $80,000.15. The expenditure term for this Work Statement shall expire on September
30, 2021.
C. All work performed or costs incurred or expended under the previously approved 2017 Work
Statement in the amount of $182,784 shall remain reimbursable under the terms of the original
Agreement through September 30, 2019. All work performed or costs incurred or expended
under the previously approved 2018 Work Statements in the amount of $473,522 shall remain
reimbursable through September 30, 2021.
D. Upon approval of Amendment No. 2, the Agreement funding amount shall be increased to
$736,306.15. The County shall reimburse the Subrecipient on a Net 10 payment standard.
E. Revise Section IV, Compensation, Subsection D, Reimbursement shall be amended to
reference total funding amount to $736,306.15.
III. The foregoing paragraphs contain all the changes made by this Amendment. All other terms and
conditions of the original Agreement remain the same and in full force and effect as approved and
amended.

Contract No. C-22-18-033-3-02 Amendment No. 2
IN WITNESS THEREOF, the Parties have signed this Amendment:
APPROVED BY: APPROVED BY:
NEWTOWN CDC MARICOPA COUNTY
___________________________________ ____________________________________
Chairman, Board of Supervisors
Date: __________________________ Date: __________________________
Attested To:
____________________________________
Fran McCarroll, Clerk of the Board
APPROVED BY:
CITY OF CHANDLER
___________________________________
Date: __________________________
Attested To:
____________________________________
City Clerk
IN ACCORDANCE WITH A.R.S. §§ 11-952, 11-201, AND 11-251, THIS AGREEMENT HAS BEEN
REVIEWED BY THE UNDERSIGNED DEPUTY COUNTY ATTORNEY, AND, IN ACCORDANCE
WITH A.R.S. § 11-952, THIS AGREEMENT HAS BEEN REVIEWED BY THE UNDERSIGNED
ATTORNEY FOR CITY ON BEHALF OF CITY, AND, AS TO THEIR RESPECTIVE CLIENTS ONLY,
EACH ATTORNEY HAS DETERMINED THAT THIS AGREEMENT IS IN PROPER FORM AND
WITHIN THE POWER AND AUTHORITY GRANTED UNDER THE LAWS OF THE STATE OF
ARIZONA.
CITY OF CHANDLER MARICOPA COUNTY
BY: ______________________________ BY: ______________________________
City Attorney Deputy County Attorney
Date: __________________________ Date: __________________________

Contract No. C-22-18-033-3-02 Amendment No. 2
2017 Reallocation Work Statement
MARICOPA COUNTY
Community Housing Development Organization
HOME Investment Partnerships Program
Program Year 2017
Project: Name: Newtown CDC / Chandler CLT Homeownership
Type of Property: Detached Single Family House sold to eligible buyer through the Community Land Trust
Amount of Funding
OTHER
CHDO HOME CASH MATCH TOTAL
RESOURCES
AMOUNT AMOUNT BUDGET
AMOUNT
$ 80,000.15 n/a $ 176,700 $ 256,700.15
A. DETAILED SCOPE OF WORK: Newtown Community Development Corporation (Newtown) is
requesting that the $80,000.15 in 2017 HOME CHDO funds be provided as an amendment to its
existing 2017 CHDO agreement. Newtown will use the funds to acquire and rehabilitate one (1)
single-family home in Chandler. The completed home will be sold to low-income first time homebuyer
through the Community Land Trust.
B. OBJECTIVES AND OUTCOMES:
OUTCOMES
OBJECTIVE AVAILABILITY/
AFFORDABILITY SUSTAINABILITY
ACCESSIBILITY
Homebuyer Activities,
DECENT Single Family Acq/Rehab of rental housing,
HOUSING Housing Rehab and Acq/New Construction of Housing Activities in a
Emergency Rehab, rental housing, Expansion of targeted revitalization area
Homebuyer assisted rental units in the
Assistance private marketplace
C. LOGIC MODEL: PERFORMANCE INDICATORS
OUTPUTS
INPUTS/RESOURCES ACTIVITIES PARTICIPATION OUTCOMES OBJECTIVES
Assist Increased
Staff, funding, contractors 1 household Decent housing
homebuyers homeownership
D. SITE INFORMATION: Chandler zip codes 85224, 85225, 85226 - TBD

Contract No. C-22-18-033-3-02 Amendment No. 2
2017 Reallocation Work Statement
E. PERFORMANCE REPORTING GOALS TIMELINE OF ACTIVITIES
START COMPLETION
MILESTONES: Tasks to be Performed
DATE DATE
Application/market study - 1/10/19 2/28/19
Execute Amendment 1/10/19 3/10/19
Site selection 3/10/19 6/30/19
Environmental reviews 3/10/19 6/30/19
Homeownership counseling/buyer preparation 1/15/19 10/31/19
Acquisition 3/31/19 7/31/19
Work write-ups and bid selection 3/31/19 7/31/19
Homeowner financing secured 1/15/19 8/31/19
Construction/Rehabilitation 3/31/19 9/30/19
Resale of property to eligible homebuyer 4/30/19 10/31/19
Final Close-out /Project Completion Form 11/30/19 12/31/19
Any change to the Timeline will need to be approved by the County.
F. ACTIVITY FOLLOW-UP AND LONG TERM COMMITMENT: The completed home will be
sold through Newtown’s Community Land Trust (CLT). Buyers purchase the improvements only (the
house) and enter into a 99-year renewable ground lease. The land is held in perpetuity by Newtown.
The ground lease contains resale restrictions that comply with HOME program requirements, and a
Newtown right of first refusal. Permanent affordability is maintained through the resale restrictions,
which provide for shared equity that limits the amount of appreciation the seller may take and
establishes the affordable sales price. Upon resale to an eligible buyer, Newtown records a Declaration
of Affirmative Land Use as a restrictive covenant to permanently secure the total amount of HOME
funds used. The ground lease also requires that homes remain owner-occupied. Newtown monitors all
CLT properties and provides ongoing support to its CLT homeowners.
G. ACTIVITY BUDGET SUMMARY: see attached Development Pro Forma - Amended and
Budget Explanation
OTHER TOTAL
HOME CASH
ACTIVITY RESOURCES ACTIVITY
AMOUNT MATCH (a)
AMOUNT BUDGET
Acquisition 80,000.15 n/a 122,400.00 202,400.15
Rehabilitation 27,500.00 27,500.00
Relocation
Development Costs 7,300.00 7,300.00
Staff Cost)
Services
Administration Costs
Development Fees
(project delivery) 19,500.00 19,500.00
Other (Specify)
TOTALS $80,000.15 n/a $176,700.00 $256,700.15
If match will be in the form of cash and will be used in this Project only. Do not include non-cash
match in this budget. These costs must be address specific; otherwise, these costs must be considered
administrative costs.

Contract No. C-22-18-033-3-02 Amendment No. 2
2017 Reallocation Work Statement
H. ACTIVITY MATCH:
AMOUNT FORM OF MATCH SOURCE
$20,000 IDEA / WISH Match Funds FHLB
I. CHDO PROJECT PROCEEDS: No proceeds are anticipated.
J. AFFORDABILITY REQUIREMENTS: Buyer purchases home only and enters into a 99-year lease
for the land. Land and subsidy is held by Newtown; subsidy and affordability period is secured by a
recorded Declaration of Affirmative Land Use Restrictive Covenant. See attached Activity Narrative
for more details.