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Item No: 07B Meeting Date: December 28, 2015 Type of Business: CB City of Mounds View Staff Report To: Honorable Mayor and City Council From: James Ericson, City Administrator Item Title/Subject: Resolution 8497, Approving a Consultant Services Agreement with the Greater Metropolitan Housing Corporation for Housing Resource Center Services in 2016 Introduction: The City of Mounds View and its residents have benefitted from the services provided and managed by the Greater Metropolitan Housing Corporation’s Housing Resource Center (HRC) since 2001. By partnering with the Greater Metropolitan Housing Corporation (GMHC), Mounds View residents and property owners have a “one-stop-shop” access to a variety of housing improvement, efficiency loan and enhancement programs that they might not otherwise. The services offered by the HRC provide an invaluable resource for the community. Discussion: The Housing Resource Center (HRC) is a division of the Greater Metropolitan Housing Corporation (GMHC) whose stated mission is to “preserve, improve and increase affordable housing for low and moderate income families, as well as to assist communities with housing revitalization.” The HRC provides construction management consultations, program administration, provides information on a variety of relevant housing programs and coordinates and manages several grant and loan programs geared toward home improvement and renovation. In 2007, the HRC agreed to manage the City’s Housing Replacement Program’s demolition reimbursement component as part of the agreement, at no additional cost to the City. The proposed fee for the contracted service in 2016 is $2,000, which is a substantial reduction from the current fee of $10,000, due to a fall-off in activity the previous years. Beginning in 2011, the HRC coordinated the administration and underwriting of the City’s new loan programs intended to provide residents with low or no interest financing for home improvements, needed renovations, blight elimination and remediation of code violations. The fee for this additional service is $400 per loan closed plus a monthly processing fee charged by the servicer, Community Reinvestment Fund (CRF). There is presently $33,600 available in the loan pool. Recommendation: Approve Resolution 8355 which approves a consultant services agreement with the Greater Metropolitan Housing Corporation for Housing Resource Center and loan administration services in 2015. Respectfully submitted, ________________________ James Ericson City Administrator