AUTHORIZATION TO AMEND AND EXTEND AGREEMENT C-8437-1 FOR THE NEIGHBORHOOD STABILIZATION PROGRAM AND RATIFICATION OF EXPENDITURES WITH HABITAT FOR HUMANITY CENTRAL ARIZONA
Staff Contact: Erik Strunk, Director, Community Services
Purpose and Recommended Action
This is a request for City Council to waive reading beyond the title and adopt a resolution authorizing the Acting City Manager to extend C-8437-1 for the Neighborhood Stabilization Program (NSP) and to ratify expenditures to date. If approved, this contract extension will allow the City of Glendale to continue partnering with Habitat for Humanity Central AZ to use program income generated from previous NSP funds for the continued acquisition, rehabilitation, and resale of foreclosed homes in Glendale in an amount not to exceed $3,570,824. It will also ratify $425,997.49 in NSP expenditures that have occurred since June 11, 2014.
Background
On September 26, 2008, the City of Glendale was notified by the U.S. Department of Housing and Urban Development (HUD) that it was eligible to apply for and receive one-time Neighborhood Stabilization Program (NSP) funds in the amount of $6.1 million. These funds were part of the larger Housing and Economic Recovery Act (HERA), which was signed into law on July 30, 2008. The funds could only be used to address the impact of foreclosed/abandoned homes or property in Glendale. As a result, city staff developed an action plan for the use of these funds that was subsequently approved by City Council on November 25, 2008.
A formal Request for Proposals (RFP) process was conducted to identify a qualified contractor to acquire, rehabilitate and resell foreclosed properties to eligible homebuyers within the city limits of Glendale. Habitat for Humanity Central Arizona (Habitat) was awarded the contract. Since then, Habitat has used $1,650,717 in NSP funds to acquire and resell over 45 homes throughout the 85301, 85302, and 85303 zip codes (the geographic ar...
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