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REQUEST FOR ECONOMIC DEVELOPMENTAUTHORITY ACTION <br />Date:January 4, 2016 <br />Item No.:10.c. <br />Department ApprovalExecutive Director Approval <br />Item Description:Contract for Construction and Loan Services from Greater Metropolitan <br />Housing Corporation (GMHC) <br />B <br />ACKGROUND <br />1 <br />Greater Metropolitan Housing Corporation’s(GMHC) Housing Resource Center (HRC) division <br />2 <br />has been providinginformation about loan programs, technicalservices related to construction <br />3 <br />questions, and home rehabilitation for homeownersin Roseville formore than15 years. It is <br />4 <br />suggested that the Roseville Economic Development Authority (REDA)Board consider <br />5 <br />continuation ofthese specialized services.There is no rate change being proposed from last year <br />6 <br />to this year. <br />7 <br />PO <br />OLICYBJECTIVE <br />8 <br />The housing loan and technical services provided in partnership with GMHC are a key tool in <br />9 <br />fighting blight and maintaining housing values city-wide, which is one of the City Council’s <br />10 <br />Goals/Focus Areas in the recently adopted City Priority Plan. <br />11 <br />BI <br />UDGET MPLICATIONS <br />12 <br />The 2016 contract is for the same amount as 2015, which was$12,000. <br />13 <br />SR <br />TAFF ECOMMENDATION <br />14 <br />Approve service contract for construction and loan services withGMHC for HRC services. <br />15 <br />REDABA <br />EQUESTED OARD CTION <br />16 <br />By motion,approve the proposed contract for construction and loan services withGMHC for <br />17 <br />HRC services. <br />18 <br />Prepared by:Jeanne Kelsey, 651-792-7086 <br />Attachments:A:Contract for Services with GMHC for HRC services <br />Page 1of 1 <br /> <br />