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Item No: 07D <br />Meeting Date: Jan 10, 2011 <br />Type of Business: Council Business <br />Administrator Review : ____ <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: James Ericson, City Administrator <br />Item Title/Subject: Resolution 7721Approving a Consultant Services Agreement with <br />the Greater Metropolitan Housing Corporation for Housing <br />Resource Center Services in 2011 <br />Introduction: <br />The City of Mounds View and its residents have benefitted from the services provided and <br />managed by the Greater Metropolitan Housing Corporation’s Housing Resource Center (HRC) <br />since 2001. By partnering with the Greater Metropolitan Housing Corporation, Mounds View <br />residents and property owners have one-stop-shop access to a variety of housing, improvement, <br />efficiency, loan and enhancement programs that they might not otherwise. The services offered <br />by the HRC provide an invaluable resource for the community. <br />Discussion: <br />The Housing Resource Center (HRC) is a division of the Greater Metropolitan Housing <br />Corporation (GMHC) whose stated mission is to preserve, improve and increase affordable <br />housing for low and moderate income families, as well as to assist communities with housing <br />revitalization. The HRC provides construction management consultations, program <br />administration, provides information on a variety of relevant housing programs and coordinates <br />and manages several grant and loan programs geared toward home improvement and <br />renovation. In 2007, the HRC agreed to manage the City’s Housing Replacement Program’s <br />demolition reimbursement component as part of the agreement, at no additional cost to the City. <br />The fee for the contracted service is $11,000 which is has not increased in many years. <br />Beginning in 2011, the HRC will also coordinate the administration and underwriting of the City’s <br />new pilot loan programs intended to provide residents with low or no interest financing for home <br />improvements, needed renovations, blight elimination and remediation of code violations. The <br />fee for this additional service is $400 per loan closed plus a monthly processing fee charged by <br />the servicer, Community Reinvestment Fund (CRF). <br />Recommendation: <br />Approve Resolution 7721 which approves a consultant services agreement with the Greater <br />Metropolitan Housing Corporation for Housing Resource Center and loan administration <br />services in 2011. <br />Respectfully submitted, <br />James Ericson <br />City Administrator