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RES-ORA-0519 Home Improvement Program For Low Income ResidentsRESOLUTION NO.ORA- 0519 A RESOLUTION OF THE ORANGE REDEVELOPMENT AGENCY ESTABLISHING AND FUNDING A HOME IlVIPROVEMENT PROGRAM FOR QUALIFIED VERY LOW INCOME AND LOW INCOME RESIDENTS OF THE CITY OF ORANGE FOR FY 2010-11 AND FY 2011-12, AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH.WHEREAS, the City Council of the City of Orange (the City Council) by the adoption of Ordinance No. 21-01 on November 27, 2001, adopted the Amended and Restated Redevelopment Plan for the Orange Merged and Amended Redevelopment Project Area,referred to herein as the Amended Redevelopment Plan) providing for the merger and amendment of the Redevelopment Plans for the Tustin Street Original, Tustin Street Amendment No. 1, Southwest Original, Southwest Amendment No. 1, Southwest Amendment No.2, Southwest Amendment No. 3, and Northwest Redevelopment Project Areas; and WHEREAS, both California Health and Safety Code Section 33334. 2 and the Amended Redevelopment Plan authorize and direct the Orange Redevelopment Agency (the Agency) to expend not less than twenty percent (20%) of all taxes which are allocated to the Agency pursuant to California Health and Safety Code Section 33670 for purposes of increasing, improving, andpreserving the community's supply of Low and Moderate Income housing available at affordable housing cost to persons of Low or Moderate Income and Very Low Income; and WHEREAS, pursuant to California Health and Safety Code Section 33334.2, the Agency has established a Low and Moderate Income Housing Fund (the Housing Fund) in connection with the redevelopment of the Orange Merged and Amended Redevelopment Project Area (referred to herein as the Redevelopment Project Area); and WHEREAS, pursuant to California Health and Safety Code Section 33334. 2 and in carrying out its statutorily prescribed Low and Moderate Income housing activities, the Agency is authorized to provide subsidies to, or for the benefit of, Very Low Income, Lower Income and Low or Moderate Income households and to increase, improve and/or maintain the community's supply of affordable housing; and WHEREAS, Section 33334.2 of the California Health and Safety Code provides that Housing Fund monies may be used both inside of a redevelopment project area as well as outside of a redevelopment project area provided a finding is made by resolution of the Board of Directors of the Agency and City Council that the use of Housing Funds outside of the Redevelopment Project Area will be of benefit to the Redevelopment WHEREAS, the Agency is desirous of establishing, administering and implementing a Home Improvement Program for FY 2011-12 and FY 2012-13 (the " Program") authorizing the expenditure of Housing Fund monies to finance the Program; pursuant to which, certain rehabilitation assistance will be made available to Very Low Income and Low Income owner-occupants of single-family residences and mobile homes located within the City of Orange (the "Qualifying Residences") to maintain the community' s supply of affordable housing as described in the Orange Redevelopment Agency Home Improvement Program,attached hereto as Exhibit "A" and incorporated herein by this reference; and WHEREAS, the City Council and Agency Board adopted the 2010-11 to 2016-17 Capital Improvement Program on June 8, 2010, which appropriated unreserved funds from the Housing Fund to the Program under Project Number 11298 in the amount of Two Hundred FiftyThousandDollars and No/100 ($250,000.00) in each of FY 2011-12 and FY 2012-13 for a combined total Agency financial commitment ofFiveHundred Thousand and No/100 Dollars ($500,000.00) as Project funding over the specified two (2) year period; and WHEREAS, said appropriation from the Housing Fund will enable the Agency to establish, administer and implement the Program during both FY 2011-12 and FY 2012-13;and WHEREAS, the Agency hereby requests approval to establish, administer and implement the Program both inside and outside of the Redevelopment Project Area withinthe City of Orange, and authorization to expend $500,000.00 of Housing Funds to fund the Program as more particularly described below and in Exhibit "A" attached hereto.NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE ORANGE REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS:1. The Program and the expenditure of Housing Fund monies necessary to establish, administer and implement the Program for the rehabilitation of Qualifying Residences for eligible and qualified "Very Low Income Households" (as defined by Section 50105 of the California Health and Safety Code) and "Low or Lower Income Households"as defined by Section 50079. 5 of the California Health and Safety Code) are hereby approved, which will directly and specifically benefit and protect the community's supply of Low and Moderate Income housing, particularly the supply of single-family residences and mobile homes, available at affordable housing costs to such persons and families of Very Low Income and Low Lower Income, all within the meaning of Section 33334.2 of the California Health and Safety Code. 2. The commitment and expenditure of Housing Fund monies to establish,administer and implement the Program and provide the requisite rehabilitation assistance to the Qualifying Residences pursuant to the requirements of the Program are specifically authorized by paragraphs ( 8) and (10) of subdivision ( 3. The expenditure of Housing Fund monies in the aggregate sum of 500,000.00 allocated over FY 2011-2012 and FY 2012-13 in the annual amount of250,000.00 from the Redevelopment Project Area to fund the Program will be of benefit to the Redevelopment Project Area.4. The use of Housing Fund monies outside the Redevelopment Project Area in accordance with the administration and implementation requirements of the Program will be of benefit to the Redevelopment Project Area.5. Based on the above findings and determinations, the Agency hereby approves the Program for FY 2011-12 and FY 2012-13, as described in Exhibit " A" hereto, and further directs and authorizes Agency staff to establish, administer and implement the Program as described therein.ADOPTED this 22nd day of June, 2010.ATTEST:NI Mary E. urp`1~; Agency Clerk_~_I hereby certify that th_e foregoing Resolution was duly and regularly adopted by the Orange Redevelopment Agency at a regular meeting thereof held on the 22° d day of June,2010 by the following vote:AYES: DIRECTORS: Smith, Murphy, Cavecche, Dumitru, Bilodeau NOES: DIRECTORS: None ABSENT: DIRECTORS: None ABSTAIN: DIRECTORS: None