NO. 1497 – HOME GRANT PROGRAM & MUNICIPAL MATCH OF $40K

Aug 31, 2023

RESOLUTION NO. 1497

BY THE CITY OF SEYMOUR, TEXAS

WHEREAS, the Texas Department of Housing and Community Affairs (TDHCA) has notified the public of a funding availability to benefit lower income residents of Texas communities through the Texas HOME Investment Partnerships Program; and

WHEREAS, the Texas HOME Program has identified significant housing needs in the County, particularly for the rehabilitation and reconstruction of owner-occupied housing; and

WHEREAS, the City desires to Improve Accessibility to Services by Persons with limited English Proficiency; and

WHEREAS, the City wishes to assist our lower income homeowners while simultaneously enhancing the health, economic, and aesthetic quality of the community:

NOW, THEREFORE, BE IT RESOLVED

ONE, the City acknowledges and agrees to a request made by the City Administrator to apply for a HOME Reservation Agreement.

TWO, match, if applicable, will be provided in accordance with 10 TAC.

THREE, the City designates the City Administrator, Steve Biedermann, as the person authorized to sign all forms related to the preparation of, and to execute all HOME agreements including loan documents and grant agreements.

FOUR, the City will use general funds up to the amount of $40,000 as a cash reserve to pay program costs before reimbursements are received from the State of Texas HOME Program.

Adopted this the 1^st day of September 2020 by the City Council of Seymour, Texas.

______________________________________

Mayor

Attest:

_______________________________________

City Secretary