MEMORANDUM

 

To:          Members of Albemarle County Board of Supervisors

From:      Billie Campbell, Chief Operating Officer

Date:       July 19, 2006

Re:          Amendment to HOME Consortium Cooperation Agreement

 

New guidance from the Department of Housing and Urban Development (HUD) requires HOME Consortia to include Towns as members in the Cooperation Agreement. In order to continue to qualify for the regionís full HOME allocation and to continue to undertake projects within incorporated towns, the HOME Consortium must amend its Cooperation Agreement by August 22, 2006.

 

The Thomas Jefferson HOME Consortium was established in 1992 to provide affordable housing opportunities for low- and moderate-income citizens throughout the Planning District. Program funds from the Department of Housing and Urban Development (HUD) are divided equally between the City and five Counties and used by sub-recipients to assist first-time homebuyers, rehabilitate sub-standard housing and add to the affordable housing stock.

 

The original HOME Consortium Cooperation Agreement included the City of Charlottesville and the Counties of Albemarle, Fluvanna, Greene, Louisa and Nelson. New guidance included in HUD Notice CPD 06-04 issued April 11, 2006 requires HOME Consortia to include all Units of General Local Government (UGLGs). The HUD office in Richmond questioned the application of this under Virginia law, but ultimately determined that the Thomas Jefferson HOME Consortium needs to amend its cooperation agreement to include all towns as members of the consortium. All members of the consortium must sign the amendment to ensure that the funding allocation for FY07 is not reduced. HOME funds allocated for FY07 are $929,816.

 

Sub-recipients have served homebuyers and homeowners in the towns through the 14-year history of the HOME Consortium. The amendment will allow this to continue. We request that your jurisdiction adopt a resolution to add the towns to the Consortium as a consent agenda item at your next meeting. Documents are enclosed for your use and information and are also being sent electronically.

 

Cc:                   Mr. Robert Tucker, County Executive, with enclosures

Ron White

 

Enclosures:       Resolution

Amendment to HOME Consortium Cooperation Agreement

Current Cooperation Agreement
Return to consent agenda
Return to regular agenda