(A) (1) The city is authorized to make housing assistance grants under the Act.
(2) Upon determination that the city will make a housing assistance grant, including the use of any affordable housing funds, the city shall provide the MFA with the following:
(a) Documentation that confirms the city has an existing valid affordable housing plan;
(b) Documentation that confirms that the city has an existing valid affordable housing ordinance which provides for the authorization of the housing assistance grant, including the use of any affordable housing funds; and
(c) Written certification that the proposed grantee is in compliance with the Act and the Rules so that the MFA may confirm that the application is complete and that the proposed grantee is a qualifying grantee under the Act and the Rules.
(B) Prior to the submission of the application and project authorization to the Commission, the Commission must approve the budget submitted by the applicant.
(C) An action authorizing the city to make a housing assistance grant and/or distribute affordable housing funds:
(1) Must authorize the grant, including the use of affordable housing funds, if any;
(2) Must state the requirements and purpose of the grant;
(3) Must authorize the transfer or disbursement to the qualifying grantee only after a budget is submitted to and approved by the Commission;
(4) Must comply with the Rules, as amended; and
(5) May provide for matching or using local, private or federal funds either through direct participation with a federal agency pursuant to federal law or through indirect participation through the MFA.
(D) The MFA shall act to approve the proposed housing assistance grant authorized by the city within 45 days of its receipt of the documentation required in divisions (A)(2)(a) through (A)(2)(c) above.
(E) The city, in its discretion, may also hold any award of affordable housing funds or any housing assistance grant made by the city in suspense pending the issuance by the city of any RFP or pending the award of the affordable housing funds or of the housing assistance grant by the city to the qualifying grantee without the issuance of an RFP by the city. Any award of affordable housing funds or a housing assistance grant by the city shall subject the qualifying grantee of the award or grant to the oversight of the city and the MFA under this chapter and the Rules.
(Ord. 2023-002, passed 8-16-2023)