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Provide Loans to low- or very low-income households to fund eligible costs for <br />rehabilitation ofowner-occupied housing <br />2. If the application for funding is approved, the City of San Leandro hereby agrees <br />to use the CalHome funds for eligible activities in the manner presented in the application as <br />approved by HCD and in accordance with program regulations cited above. The City of San <br />Leandro also may execute any and all other instruments necessary or required by HCD for <br />participation in the CalHome Program and carry out any procedures necessary for the program, <br />including the establishment of a CalHome loan program and a CalHome Reuse Fund. <br />3. The City of San Leandro authorizes the City Manager to execute in the name of <br />the City of San Leandro the application, the Standard Agreement, and all other documents <br />required by HCD for participation in the CalHome Program, and any amendments thereto. <br />Introduced by Council Member Santos ,passed and adopted this 2nd day of <br />September, 2003 by the following called vote: <br />Members of the Council: <br />AYES: Councilmembers Badger, Glaze, Grant, Nardine, Santos,(~)ephens; <br />Mayor Young <br />(0) <br />NOES: None <br />ABSENT: None ~~~ <br />Attest: ~U~^'-'~`~. <br />Marian Handa, City Clerk <br />2 <br />