RESOLUTION 5127: AUTHORIZATION TO ENTER INTO A NEW DEVELOPMENT AGREEMENT WITH HABITAT FOR HUMANITY CENTRAL ARIZONA FOR THE USE OF EXISTING FY 2014/15 HOME INVESTMENT PARTNERSHIP FUNDS
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 City Manager to execute a new Development Agreement which will extend the period of performance, accept and ratify all action taken to date during the time agreement C-9765-1 was in place, and continue the partnership with Habitat for Humanity Central Arizona for the HOME Investment Partnership Funds Program (HOME). This new agreement will allow the City of Glendale to continue partnering with Habitat for Humanity Central AZ to use $530,290 of existing FY 2014/15 HOME funds for the Rehabilitation, and Resale of Infill Housing for first-time homebuyers.
Background
In 2015, the Maricopa County HOME Consortium, of which Glendale is a member, announced it was seeking proposals to reallocate HOME funds being returned to it by the City of Scottsdale and Maricopa County, in the form of HOME program income. The City of Glendale, in partnership with Habitat for Humanity Central Arizona, applied for $200,000 of these funds to supplement four housing units that are currently under contract and environmentally cleared. The additional funds would be used for new infill “shovel ready” projects in Glendale, which meet the completion deadlines for the Consortium and resulted in high-quality housing that added value to Glendale neighborhoods. As a result of its past success with the use of HOME funds, the City was successful and was awarded the additional HOME funds with City Council approval. Since that time the funds have been utilized to continue the construction of four houses.
Analysis
Habitat for Humanity Central Arizona continues to be important partners in helping Glendale meet its housing goals. By approving this contract, the City will continue to acquire and renovate homes which become available, and provide affordable homebuyer opportunities to low-to-moderate income families in our community. There is no impact on city departments, staff, or service levels.
Previous Related Council Action
On June 23, 2015, the Council conducted a public hearing and approved a resolution 4971 amending the City’s FY 14-15 Annual Action Plan to accept the $200,000 in additional HOME funds from the Maricopa County Consortium. On June 23, 2015 Council approved resolution 4972 amending to Development Agreement C9765-1 to award an additional $200,000 to Habitat for Humanity Central Arizona bringing the contract amount to $530,290.
Community Benefit/Public Involvement
The acquisition, revitalization and resale of foreclosed single family houses has helped stabilize neighborhoods and improve the quality of life for the existing homeowners. To date over 45 previously foreclosed homes have been completely rehabilitated with the incorporation of energy-efficient and green building features, which has helped maintain affordability for the homebuyers of these houses.
Budget and Financial Impacts
This is a federally-funded program; there will be no fiscal impact on the city. No General Funds will be used for these agreements.
|
Cost |
Fund-Department-Account |
|
$530,290 |
1300-300091-518200, Habitat for Humanity Professional Contractual |
Capital Expense? No
Budgeted? Yes
Requesting Budget or Appropriation Transfer? No
If yes, where will the transfer be taken from?