AMENDMENT 2 NSP DEV AGREEMENT AHI.DOCX

AMENDMENT No. 2 TO THE DEVELOPER AGREEMENT WITH ARIZONA HOUSING, INC. FOR
MANAGEMENT AND IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM
ACTIVITY TITLE: PERMANENT SUPPORTIVE HOUSING
AGENDA NO.: C-22-13-023-3-02
ACTIVITY NUMBER: 0111
ACTIVITY AMOUNT: $1,569,800
Amendment No. 2
The purpose of this Amendment No. 2, entered into by and between ARIZONA HOUSING, INC.,
hereinafter referred to as "DEVELOPER", and the COUNTY OF MARICOPA, hereinafter referred to as
"COUNTY" to be administered by the Board of Supervisors of Maricopa County through its contract
administrator, the Human Services Department (MCHSD), on behalf of the COUNTY, is to change the
Contract Termination Date from July 31, 2013 to December 31, 2013; and to require 100% of new
tenants to have incomes at or below 50% of Area Median at initial occupancy. This AMENDMENT is to
be fully incorporated and made a part of this Developer Agreement.
Whereas, the DEVELOPER and the COUNTY hereby agree to amend the Developer Agreement as
amended with an effective date of October 20, 2011, Section III, STATEMENT OF WORK, Section 8, C.,
Performance Reporting – Goals: Scheduled Activity Completion Date, to be extended to December 31,
2013.
Whereas, the DEVELOPER and the COUNTY hereby agree that DEVELOPER shall execute a contract for
services prior to December 31, 2013 for a Cost Certification Audit. Such Cost Certification Audit shall be
completed upon expenditure of all project funding sources identified by the DEVELOPER per this
agreement as amended. DEVELOPER shall submit to COUNTY a copy of the completed audit, and
Whereas, the DEVELOPER and the COUNTY hereby agree to amend the Developer Agreement as
amended with an effective date of October 20, 2011, Section III, STATEMENT OF WORK, Section 8
Performance Measurement System Information, B., Logic Model – Performance Indicators,
Outputs/Participation to read 90 units =< 30% AMI, 90 units =< 40% AMI, 117 units =<50% AMI, and
Whereas, the DEVELOPER and the COUNTY hereby agree to amend the Developer Agreement with an
effective date of October 20, 2011, Section III, STATEMENT OF WORK, Section 10, Financial Information
to include $3,757,800 in Other Resources for Rehabilitation for a Total Activity Budget of $5,327,600,
and
Whereas, the DEVELOPER and the COUNTY hereby agree to amend the Developer Agreement with an
effective date of October 20, 2011, Section III, STATEMENT OF WORK, Section 11, Source and Amount
of Other Resources to include Federal Home Loan Bank Affordable Housing Program, $1,000,000 and
City of Phoenix, Energize Phoenix grant funds, $1,188,000.
This Amendment may be executed in three or more counterparts each of which shall be deemed an
original but all of which together shall constitute one and the same instruments.
T:\CommDev\Urban County\NSP\Campaige Place\209 WJS\Developer Agreement\Amendment 1 NSP Dev Agreement AHI.docx

IN WITNESS WHEREOF, the parties have executed this Agreement on the year and day first written
below.
DEVELOPER MARICOPA COUNTY
(Signature) Chairperson of the Board
Title
Date
Before me, the undersigned Notary Public,
this ____ day of _________, 2012
____________________________
personally appeared as the DEVELOPER and
executed the foregoing instrument for the purpose
therein contained by signing their names hereto.
ATTEST:
Notary Public Clerk of the Board of Supervisors
Date Date
Deputy County Attorney
Date
T:\CommDev\Urban County\NSP\Campaige Place\209 WJS\Developer Agreement\Amendment 1 NSP Dev Agreement AHI.docx