Title
Approval of a Resolution Authorizing an Interlocal Agreement with Thurston County for HOME Consortium
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve resolution approving the Interlocal Cooperative Agreement with Thurston County to remain in the HOME Consortium for the next three-year period of 2019, 2020 and 2021.
Report
Issue:
Whether the City of Olympia should approve an Interlocal Agreement to remain in the HOME Consortium for the next three-year period of 2019, 2020, and 2021.
Staff Contact:
M. Anna Schlecht, Housing Program Manager, Community Planning and Development, 360.753.8183
Presenter(s):
M. Anna Schlecht, Housing Program Manager, Community Planning and Development
Background and Analysis:
The City received a letter dated May 30, 2018, from Thurston County regarding the City’s membership in the HOME Consortium, also known as the HOME Investment Partnership Program, and our options to either remain in or opt out of the the federally-funded program. Thurston County has requested a formal response by June 22 in order to meet the federal Housing and Urban Development (HUD) submission deadline of July 1, 2018.
The City of Olympia was a charter member in developing the original HOME Consortium, the original inter-jurisdictional body founded via interlocal agreement dated June 30, 2002. Since that time, this body has been redefined as the HOME Investment Partnership Program that governs only the Thurston County HOME Program funds. Thurston County was notified by HUD that they will have $797,000 in HOME Program funds for Program Year 2018 (9/1/18 - 8/31/19). It is difficult to estimate what funding levels will be in coming years given recent fluctuations in federal funding allocations to HUD Programs.
Please note: This inter-jurisdictional partnership only governs the federal HOME Program. The County Commission retains the governance of the state Affordable Housing Program and the Homeless Housing Program funded by state recording fee dollars.
Neighborhood/Community Interests (if known):
HOME Investment Partnership Program funding and policies provide significant monies for housing, shelter, and social service programs that benefit low and moderate income people.
Options:
1. Approve the resolution approving the Interlocal Agreement with Thurston County to remain in the HOME Investment Partnership Program and direct staff to submit to the County on or before June 22, 2018.
2. Do not approve the resolution approving the Interlocal Agreement and risk the loss of HOME entitlement funds for projects that benefit our entire region.
Financial Impact:
By remaining in the HOME Investment Partnership Program, the City will retain a vote regarding recommendations on allocations of a yearly average of $800,000 in federal funding that benefits low and moderate-income residents of Olympia.
Attachments:
Resolution
Agreement
Renewal Notice