Public Township Council Meeting — Packet

109-12 May 29, 2012 RESOLUTION ALLOCATING MONEY FROM MUNICIPAL AFFORDABLE HOUSING TRUST FUND TO THE SPECIAL NEEDS HOUSING PARTNERSHIP AND AUTHORIZING THE MAYOR TO SIGN THE MOU WITH HMFA AND DHS WHEREAS, the Governing Body of West Orange Township, Essex County has approval to establish and administer an Affordable Housing Trust Fund (AHTF) that includes development fees, payments from developers in lieu of constructing affordable units on-site, barrier free escrow funds, rental income, repayments from affordable housing program loans, recapture funds, proceeds from the sale of affordable units; and WHEREAS, West Orange Township, Essex County wishes to participate in the Special Needs Housing Partnership established through the Departments of Community Affairs (DCA) and Human Services (DHS) and the New Jersey Housing Mortgage and Finance Agency (HMFA); and WHEREAS, AHTF monies may be allocated for affordable supportive/special needs housing within West Orange Township, Essex County; and WHEREAS, by allocating $250,000.00 to the Special Needs Housing Partnership from its Affordable Housing Trust Fund, West Orange Township, Essex County will provide the funding for the acquisition and rehabilitation of special needs housing within its borders; and WHEREAS, West Orange Township, Essex County also wishes to enter in a Memorandum of Understanding with DHS and HMFA, which understanding will coordinate the efforts of the parties to create appropriate housing for individuals with developmental disabilities in the community through the purchase and conversion of existing residential properties within the municipality. NOW THEREFORE BE IT RESOLVED that the Governing Body of West Orange Township, Essex County hereby allocates $250,000 for use by the Special Needs Housing Partnership. MAY IT FURTHER BE RESOLVED THAT the Governing Body of West Orange Township, Essex County hereby authorizes Mayor Robert Parisi to execute the MOU with HMFA and DHS on behalf of the municipality. Karen J. Carnevale Patricia Spango Municipal Clerk Council President Adopted: May 29, 2012 E:\COAH\2012\WOResolutionAllocatingMoneytoTheSpecialNeedsHousingPartnership.doc