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2 ,o Profile of the Greater Minneapolis Housing Resource Center. (GMMHC) 2.1 GMMHC is a business sponsored nonprofit organization whose mission is to improve the quality of life in the Minneapolis area by making housing available for low and moderate income families and individuals, by providing financial and technical assistance to neighborhoods and other nonprofit housing corporations, by providing financial and technical assistance to small housing developers, by constructing and selling single family detached housing for home ownership, by owning multi family low income rental housing, by generating neighborhood resource centers, and by proposing and carrying out demonstration projects. 2.2 The objectives of the Resource Centers are to assist home owners with flexible financing tools to complete home improvement projects, assist owners through the complex construction process when renovating their homes, assist individuals and families to become new homeowners and reduce the number of substandard housing units. 2.3 GMMHC primarily served neighborhoods in Minneapolis but over the past two years have been expanding their services to the first ring suburbs where there was a growing concern over affects of neglect of an aging housing stock. CMMHCts philosophy is to tale a comprehensive approach to the preservation of housing as a strong action to reduce the affects of home deterioration. GMMHC' Housing resource Centers provide information and expertise to encourage a substantial increase in maintenance and improvement of the post -war housing stock. In 1998, GMMHC contracted with the Cities of Crystal, New Hope, Robbinsdale and Brooklyn Center and established a new Resource Center in Northwest Minneapolis area. GMMHC also has Resource Centers in Northeast Minneapolis and Southeast Minneapolis. 2.4 Any services provide by GMMHC to Roseville residents would be served out of the Northeast Resource Center (909 Main Street, 2 blocks South of Broadwa y and 2 blocks East of University) which is only a few miles from Roseville's southwest border. GMMHC staff would come to Roseville for project management oses and can be available once a month to meet with p ur p Roseville residents on a trial basis* 2.5 In discussions with GMMHC, staff is proposing a start up phase of three months from January March with implementation and opening the Resource Center services to Roseville residents in April. The start up phase would include developing a gap loan program for renovation projects, developing information for first time homebuyer service targeted to multifamily units, set up and marketing for the Housing Resource Center services and assist staff in securing additional funding sources to implement the full program throughout 2000. GMMHC will participate in the Home Carden Fair with a booth and seminar on the new services. R D GMMHC Contract for Housing Program Page 2 of 3