8K1 - Award $82.2m Housing Development Funding

RESOLUTION AUTHORIZING, AFTER A PUBLIC HEARING, THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE TO AWARD FUNDING FOR THE FY 2025 REQUEST FOR APPLICATIONS (RFA) IN AN AMOUNT NOT TO EXCEED $81,396,700.00 IN DOCUMENTARY STAMP SURTAX AND/OR STATE HOUSING INITIATIVES PARTNERSHIP (SURTAX/SHIP) PROGRAM FUNDS, $715,000.00 IN HOME INVESTMENT PARTNERSHIPS COMMUNITY HOUSING DEVELOPMENT ORGANIZATIONS (HOME CHDO) PROGRAM FUNDS, AND $50,000.00 IN HOME CHDO OPERATING PROGRAM FUNDS; AUTHORIZING THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE TO EXECUTE ALL CONDITIONAL LOAN COMMITMENTS, STANDARD SHELL CONTRACTS, STANDARD SHELL LOAN DOCUMENTS, AMENDMENTS AND OTHER DOCUMENTS OR AGREEMENTS NECESSARY TO ACCOMPLISH THE PURPOSES SET FORTH HEREIN, TO SHIFT FUNDS AND FUNDING SOURCES AWARDED TO A PROJECT TO ANY NEW AFFILIATED ENTITIES CREATED FOR THE PURPOSE OF CARRYING OUT A PROJECT, TO SUBORDINATE OR MODIFY THE TERMS OF CONTRACTS, AMENDMENTS AND LOAN DOCUMENTS, AND TO EXERCISE THE TERMINATION, WAIVER, ACCELERATION AND OTHER PROVISIONS THEREIN(Housing and Community Development)