Laserfiche WebLink
<br />CITY OF SAN LEANDRO <br />REDEVELOPMENT AGENCY <br />STAFF REPORT <br /> <br />APPROVED AND FORWARDED <br />TO REDEVELOPMENT AGENCY <br /> <br />DATE: <br /> <br />July 2, 2007 <br /> <br /> <br />TO: <br /> <br />John Jermanis, Executive Director <br /> <br />FROM: <br /> <br />Luke Sims, Interim Community Development Direct# <br /> <br />Tom Liao, Housing/CDBG Manager '\~ <br /> <br />BY: <br /> <br />SUBJECT PROJECTIPROJECT DESCRIPTION <br /> <br />RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br />APPROVING A CONTRACTUAL SERVICES AGREEMENT WITH NEIGHBORHOOD <br />SOLUTIONS TO ADMINISTER THE OWNER OCCUPIED HOUSING REHABILIT A nON <br />PROGRAM IN FY 2007-08 <br /> <br />SUMMARY AND RECOMMENDATION <br /> <br />The City's FY 2007-08 budget approved $600,000 to be allocated from the Redevelopment Agency <br />("Agency") budget, specifically Housing Set-Aside funds, for the Owner-Occupied Housing <br />Rehabilitation Program. This is $200,000 more than was allocated to the program in the previous <br />fiscal year due to higher demand. Of the $600,000, Neighborhood Solutions' contractual services <br />agreement will be for $144,000, while the remaining $456,000 will be available for loans and <br />grants. Of the amount available for loans and grants, the program guidelines allocate <br />approximately 25 percent of the funds for grants and 75 percent for loans. Neighborhood <br />Solutions was selected for FY 2007-08 through a competitive Request for Proposal (RFP) <br />process. <br /> <br />Staff recommends that the Redevelopment Agency adopt the resolution approving a services <br />agreement with Neighborhood Solutions to administer the Owner-Occupied Housing <br />Rehabilitation Program for FY2007-08. <br /> <br />BACKGROUND AND DISCUSSION <br /> <br />The City's Owner Occupied Housing Rehabilitation Program has been a popular and effective <br />program for helping low and very low income homeowners, including fixed income seniors, <br />affordably maintain or improve their homes and enhance residential neighborhoods. The goal of <br />assisting seniors to age in place in their present homes was identified in the Housing Element. <br /> <br />For FY 2006-07 to date, Neighborhood Solutions has approved approximately $219,000 in loans <br />and $90,000 in grants. Including unspent funds carried over from FY 2005-06, the loan balance <br />