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7. The Mayor and her designee(s) are hereby authorized to make formal application to the <br /> U.S. Department of Housing and Urban Development for funding assistance in <br /> accordance with this Resolution and the requirements of such application. <br /> 8. The required application forms and information are to be sent to the U.S. Department of <br /> Housing and Urban Development to complete all application requirements and the <br /> Mayor and her designee(s) are authorized to sign and provide the needed documents <br /> and to take all other necessary actions. <br /> 9. This Resolution will become part of the formal application to the U.S. Department of <br /> Housing and Urban Development and to the State of Washington. <br /> 10. All payments and income from the Housing Rehabilitation Program (Fund 197) revolving <br /> loan fund will be used for CHIP housing rehabilitation and administrative purposes. This <br /> is estimated at $300,000.00 for 2022. <br /> 11. Housing and capital projects funded with Community Development Block Grant (CDBG), <br /> HOME, and Housing Trust (2060) funds will be loans with terms and conditions brought <br /> back in contract form for City Council approval unless there is other direction given in <br /> this resolution. This does not include loans approved by the Community Housing <br /> Improvement Program Loan Review Committee. The loans for the housing projects will <br /> be paid back to the City of Everett. For rehabilitation projects using Rental Rehabilitation <br /> funds there is a minimum of a 50/50 match for these funds now and in the future. <br /> 12. The Mayor is authorized to execute the contracts and necessary documents to <br /> implement the approved public service projects. <br /> 13. The year from which the HOME funds will come from will be worked out with <br /> Snohomish County within the Snohomish County HOME contracts going to City Council. <br /> 14. The annual Community Development Block Grant Administration funding will the <br /> amount allowed from the annual grant and will be set-aside and no application made in <br /> the committee process. This is being done as a time saving action and because of the <br /> need to be more efficient with staff time. <br /> 15. The 2022 Annual Action Plan is hereby approved to be submitted to the U.S. <br /> Department of Housing and Urban Development and to complete all application <br /> submittal requirements. <br /> E RESOLUTION Page 4 of 5 <br />