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HomeMy WebLinkAboutMINUTES - 10202009 - C.21RECOMMENDATION(S): APPROVE and AUTHORIZE the Conservation and Development Director, or designee, to execute a contract with the City of Walnut Creek in an amount not to exceed $260,000 for the period July 1, 2009 through June 30, 2010 for the County to administer the Housing Rehabilitation Loan Program. FISCAL IMPACT: Funding will be provided by the City of Walnut Creek. BACKGROUND: A. The County administers the housing rehabilitation loan program through its Neighborhood Preservation Program. The purpose of the program is to offer low-interest and zero-interest loans to low-income and very-low-income homeowners who qualify for loan assistance under guidelines established by the U.S. Department of Housing and Urban Development. The loans must be APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 10/20/2009 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Pat Corum (925) 335-1115 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: October 20, 2009 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: Katherine Sinclair, Deputy cc: C.21 To:Board of Supervisors From:Catherine Kutsuris, Conservation & Development Director Date:October 20, 2009 Contra Costa County Subject:THE 2009/10 CONTRACT BETWEEN CONTRA COSTA COUNTY AND THE CITY OF WALNUT CREEK FOR THE HOUSING REHABILITATION LOAN PROGRAM BACKGROUND: (CONT'D) used to rehabilitate homes. B. The County is currently authorized to approve loans funded by Redevelopment funds to eligible applicants within the City of Walnut Creek in any amount up to $60,000. C. The City of Walnut Creek Redevelopment Agency (RDA) and City of Walnut Creek (City) wish to contract with County for the fifth year to provide funding for housing rehabilitation loans to eligible homeowners within the City. Funding is provided by RDA Low and Moderate Income Housing (LMIH) Set Aside funds. D. COUNTY has demonstrated experience and qualifications to operate a loan and grant program to fund housing rehabilitation under the Community Development Block Grant Program. The County Neighborhood Preservation Program also administers the home rehabilitation loan programs for the cities of Antioch, Concord, and San Pablo. E. The contract will result in $46,800 in revenue to the County for costs related to the implementation of the Program. This amount is compensation for all administrative and technical services provided by the County, including the Rehabilitation Specialist’s salary, administrative oversight, clerical assistance, and overhead costs. F. The term of the contract is July 1, 2009 through June 30, 2010.