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Item No: 08B Meeting Date: Dec 12, 2011 Type of Business: Consent Agenda Administrator Review: ____ City of Mounds View Staff Report To: Honorable Mayor and City Council From: James Ericson, City Administrator Item Title/Subject: Resolution 7868 Approving a Consultant Services Agreement with the Greater Metropolitan Housing Corporation for Housing Resource Center Services in 2012 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, Mounds View residents and property owners have 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 fee for the contracted service is $11,000 which is has not increased in many years. Beginning in 2011, the HRC began coordinating the administration and underwriting of the City’s new pilot 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). While there has been interest in the program, the criteria appear too restrictive for many to qualify. Recommendation: Approve Resolution 7868 which approves a consultant services agreement with the Greater Metropolitan Housing Corporation for Housing Resource Center and loan administration services in 2012. Respectfully submitted, _________________________ James Ericson City Administrator