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R11353City Council Meeting: July 27, 2021 Santa Monica, California RESOLUTION NUMBER 11353 CCS) (City Council Series) A RESOLUTION OF THE CITY COUNCIL FOR THE CITY OF SANTA MONICA AUTHORIZING THE SUBMISSION OF AN APPLICATION FOR LOCAL HOUSING TRUST FUND PROGRAM MATCHING GRANT FUNDING WHEREAS, the State of California (the "State"), Department of Housing and Community Development (the "Department") is authorized to provide up to $57 million under the Local Housing Trust Fund ("LHTF") Program from the Veterans and Affordable Housing Bond Act of 2018 (Proposition 1) (as described in Health and Safety Code section 50842.2 et seq. (Chapter 365, Statutes of 2017 (SB 3)) ("Program"); WHEREAS, the Department issued a Notice of Funding Availability ("NOFA") dated May 3, 2021, under the LHTF Program; WHEREAS, the City is an eligible Local or Regional Housing Trust Fund applying to the Program to administer one or more eligible activities using Program Funds; WHEREAS, the Department may approve funding allocations for the LHTF Program, subject to the terms and conditions of Health and Safety Code Section 50842.2, the LHTF Program Guidelines, NOFA, Program requirements, the Standard Agreement and other related contracts between the Department and LHTF award recipients; NOW, THEREFORE, BE IT RESOLVED THAT: SECTION 1. If the City of Santa Monica ("City") receives an award of LHTF funds from the Department pursuant to the above referenced LHTF NOFA, ii represents and certifies that it will use all such funds on Eligible Projects in a manner consistent and in compliance with all applicable state and federal statutes, rules, regulations, and laws, including, without