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("HOME Program") and entered into a HOME Consortium Intergovernmental Agreement dated <br />June 27, 2006; and <br />WHEREAS, the City and County of Broomfield, Boulder County, the City of Longmont, <br />and the City of Boulder now wish to execute this IGA to also include the cities of Lafayette and <br />Louisville, and the towns of Lyons, Superior, Jamestown, Nederland, Ward and Erie as Consortium <br />Members; and <br />WHEREAS, participation in the HOME Consortium enhances cooperation between <br />jurisdictions and maximizes the use of resources available to local governments to affect the <br />housing -related problems of lower -income people; and <br />WHEREAS, the Lead Entity and Consortium Members are authorized to enter into <br />cooperative agreements pursuant to the Colorado Constitution, Article XIV § 18, and § 29-1-203, <br />C.R.S.; and <br />WHEREAS, the Lead Entity and Consortium Members desire to enter into this IGA to <br />continue the HOME Consortium. <br />NOW THEREFORE, in consideration of the mutual covenants and promises contained <br />in this IGA, the parties mutually agree to the following terms and conditions: <br />I. DEFINITIONS <br />For the purpose of this IGA, the terms defined in this section have the meanings given to them: <br />"Act" means Title II of the Cranston -Gonzalez National Affordable Housing Act of 1990, as <br />amended, 42 U.S.C. 12701, et seq. <br />"Consolidated Plan" is a HUD required document. It serves as a planning document for the <br />Consortium and a funding application under the Community Planning and Development formula <br />grant programs (Community Development Block Grant ("CDBG"), and HOME Investment <br />Partnership Program. <br />"Consortium" means the Consortium Members and Lead Entity acting pursuant to this IGA. <br />"HOME Consortium" means Units of General Local Government (UGLGs) that separately do not <br />quality to receive HOME funds. The UGLGs may join together to form a consortium for the <br />purpose of receiving a HOME allocation and administering the HOME program as a single <br />participating Jurisdiction (PJ). <br />"HUD" means the United States Department of Housing and Urban Development. <br />"Participating Jurisdiction" means the City of Boulder as Lead Entity. <br />2 <br />