11-110 - King County - Regional Affordable Housing Program

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concerning actions to achieve geographic equity. If the Advisory Committee considers issues other than the RAHP, the staff from the City of Seattle shall only participate for the purpose of making RAHP recommendations. B. Administration of RAHP Programs. The King County Housing and Community Development Program (HCD) staff shall distribute RAHP funds pursuant to the allocations adopted annually by the JRC, and shall administer the program pursuant to the terms of this Agreement and the RAHP Administrative Guidelines. County HCD staff shall provide the JRC and the Advisory Committee with an annual report that provides information about the capital housing projects that were awarded RAHP funds in that year, as well as the status of capital housing projects that were awarded RAHP funds in a prior year(s). County HCD staff shall invite the representatives of cities that are a parry to this Agreement to be involved in any work groups convened to update the RAHP Operations and Maintenance (O &M) Fund policies, and to be on the review panel that will recommend O &M funding awards to the JRC. C. Administrative Costs. The county agrees to pay the costs of administering the RAHP out of the five percent (5 of the funds collected by the county for expenses related to collection, administration and local distribution of the funds, pursuant to RCW 36.22.178. No portion of the sixty percent (60 of the RCW 36.22.178 revenue retained by the county in a fund for the RAHP shall be utilized for RAHP administration. D. Interest on the RAHP Fund. Interest accrued on the sixty percent (60 of the RCW 36.22.178 revenue retained by the county in a fund for the RAHP shall remain with the RAHP fund and will be distributed to projects according to the subregional allocation target formula found in the RAHP Administrative Guidelines. E. Sub Regional Geographic Equity. The parties intend that the RAHP funds shall be awarded to projects throughout the county in a fair and equitable manner over the duration of this Agreement. Equity is to be achieved through sub regional allocation targets, as follows: A fixed percentage of RAHP local funds will be allocated to each sub region of the county identified in the RAHP Administrative Guidelines by the expiration of this Agreement. The percentage goals for each sub region set by the formula in the RAHP Administrative Guidelines shall by updated by the JRC when new data is available. F. General Use of Funds. The local portion of the RCW 36.22.178 revenue shall be utilized to meet regional housing priorities for households at or below fifty percent (50 of area median income, as established in the RAHP Administrative Guidelines. G. Compliance with Fair Housing Laws. Parties to this Agreement must take actions necessary to ensure compliance with the Federal Fair Housing Act, as amended, the Americans with Disabilities Act of 1990, and other applicable state and local fair housing laws. RAHP Interlocal Agreement 4 of 15 2012 -2014