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Cocoon House 4/19/2018
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Cocoon House 4/19/2018
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Last modified
4/24/2018 9:35:41 AM
Creation date
4/24/2018 9:34:49 AM
Metadata
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Contracts
Contractor's Name
Cocoon House
Approval Date
4/19/2018
Council Approval Date
5/10/2017
Department
Finance
Department Project Manager
Susy Haugen
Subject / Project Title
Colby Avenue Youth Center
Tracking Number
0001162
Total Compensation
$300,000.00
Contract Type
Real Property
Contract Subtype
Loans
Retention Period
10 Years Then Transfer to State Archivist
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4. HOME funds may not be used for the acquisition, construction or rehabilitation of <br /> structures to the extent that those structures are used for inherently religious activities. <br /> HOME funds may be used for the acquisition, construction or rehabilitation of <br /> structures only to the extent that those structures are used for conducting eligible <br /> activities under 24 CFR Part 92. Where a structure is used for both eligible and <br /> inherently religious activities, HOME funds may not exceed the cost of those portions <br /> of the acquisition, construction or rehabilitation that are attributable to eligible activities <br /> in accordance with the cost accounting requirements applicable to HOME funds in 24 <br /> CFR Part 92. Sanctuaries, chapels or other rooms that a HOME-funded religious <br /> congregation uses as its principal place of worship, however, are ineligible for HOME- <br /> funded improvements. <br /> 5. Pursuant to 24 CFR § 5.109(e), a religious organization's exemption from the federal <br /> prohibition on employment discrimination on the basis of religion, set forth in section <br /> 702(a) of the Civil Rights Act of 1964 (codified at 42 U.S.C. § 2000e-1), is not forfeited <br /> when the organization participates in the HUD program. Notwithstanding the <br /> foregoing, non-discrimination requirements imposed by statute on all HOME grantees <br /> shall apply to religious and faith-based organizations. <br /> Y. RESERVED (for Violence Against Women Act (VAWA) Requirements) <br /> Ill. USE OF PROPERTY <br /> The provisions in this Section III apply to the real property constructed through, and as set <br /> forth in, this Loan Agreement and Exhibit A, PROVIDED, HOWEVER, the references to <br /> HOME Program requirements shall apply to the HOME-Assisted Units. The City-Assisted <br /> Units shall be operated consistent with the terms of this Section, or such other similar program <br /> requirements as may be required by the City. <br /> A. Beneficiaries <br /> 1. The project shall include "HOME-Assisted Units" and "City-Assisted Units" more fully <br /> described herein and in Exhibit A of this Loan Agreement. <br /> a. HOME-Assisted Units: Three (3) units, consisting of studio units serving young <br /> adults aged 18-24 shall be "HOME-Assisted Units" for the length of the HOME <br /> Compliance Period as defined in Section I.G.1, in this Section I II.A, and in Exhibit <br /> A. The HOME Compliance Period shall commence on the date of project <br /> completion as noted herein, and shall run for a period of twenty (20) years, and <br /> shall end on the latter of June 1, 2039, or twenty (20) years from the date of the <br /> Project Completion in IDIS. <br /> b City-Assisted Units: An initial total of thirty-seven (37) units, consisting of twenty <br /> (20) single room occupancy units and seventeen (17) studio units shall be "City- <br /> Assisted Units". Upon completion of the HOME Compliance Period, all forty (40) <br /> units, shall be"City-Assisted Units", throughout the duration of the term of this Loan <br /> Agreement as defined in Section I. G.2, in this Section IIIA, and in Exhibit A of <br /> this Loan Agreement. <br /> 2. The Agency agrees that the City-Assisted Units ("City-Assisted Units") shall, subject <br /> to the provisions of Section 1.13 and Section III of this Agreement, be used as housing <br /> Loan Agreement <br /> Cocoon House <br /> Page 16 of 51 <br />
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