For Rialto Housing Authority Meeting [November 14, 2017]
TO: Honorable Chair and Board Members
APPROVAL: Michael Story, Executive Director
FROM: Robb Steel, Asst. City Administrator/Development Services Director
Title
Request Rialto Housing Authority to Approve a Professional Services Agreement with LDM Associates to manage housing repair projects for a maximum of $50,000 and Adopt Budget Resolution No. 7235 to appropriate $50,000 for consultant services and $300,000 for the Home Sweet Home Program and the Mortgage Assistance Program.
(ACTION)
Body
BACKGROUND:
Since 2000, the former Redevelopment Agency (RDA) and the Rialto Housing Authority (RHA) have provided a variety of homeowner rehabilitation and homebuyer programs assisting about 330 low-moderate income households and expending about $7,000,000 as grants or loans. In addition, the former RDA and the RHA collected about $3,335,000 from about 180 loan payoffs. The original funding sources included the RDA low-moderate income housing funds (LMIHF), the state's CalHome program, and the federal Neighborhood Stabilization Program (NSP).
In 2012, the California Redevelopment Dissolution Act dissolved RDA and the LMIHF monies. To continue the housing programs, RHA utilized CalHome funds for the owner-occupied rehabilitation program (known as "Home Sweet Home") and down payment program (known as the "Mortgage Assistance Program"). In fiscal year 2016, the City Council awarded Community Development Block Grant funds for the Mobile Home Repair Program.
From fiscal year 2012-13 to 2016-17, the RHA completed the following:
* Nineteen (19) Home Sweet Home projects totaling about $670,000.
* Six (6) Mortgage Assistance Program projects totaling about $224,000.
* Sixteen (16) Mobile Home Repair projects totaling about $80,000 (only for fiscal years 2015-16 and 2016-17).
For fiscal year 2017-18, RHA completed the following:
* Four (4) Home Sweet Home projects totaling about $143,000.
* One (1) Mortgage ...
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