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HomeMy WebLinkAbout2025-332-06.02.2025.docDocusign Envelope ID: F820E014-BAB8-4D39-8EF1-5AFD754AD52C Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-332 RESOLUTION APPROVING THE WATERLOO CEDAR FALLS HOME CONSORTIUM AGREEMENT FOR PROGRAM YEARS 2025-2028 AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS the City of Waterloo has a long-standing partnership with the City of Cedar Falls through the Waterloo Cedar Falls Home Consortium, which facilitates the use of federal HOME Investment Partnerships Program (HOME) funds to develop affordable housing and expand housing opportunities; and WHEREAS, the Consortium Agreement for program years 2025-2028 outlines the roles, responsibilities, and financial obligations of each party in administering the HOME program to effectively address housing needs; and WHEREAS, it is in the best interest of the City to approve the continuation of this collaborative effort to enhance housing strategies and leverage federal resources for community development; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, 1. The Waterloo Cedar Falls Home Consortium Agreement for program years 2025-2028 is hereby approved. 2. The Mayor and City Clerk are authorized and directed to execute said document on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 2nd day of June 2025. ATTEST: Signed by: 17. £ IMMTErvejeZDeputy City Clerk SEAL 0 • W A f 0 0 • 0 D0525D. AAC 4 9... Quentin Hart Mayor L DocuSigned by: r,�uu.,liw N-av1