Explanation
This legislation authorizes the Director of the Department of Development to enter into a not-for-profit service contract with Homes on the Hill Community Development Corporation (Homes on the Hill CDC) for housing counseling services in an amount up to $125,000.00 and to authorize payment of expenses starting January 1, 2024.
Homes on the Hill, a non-profit organization, provides U.S. Department of Housing and Urban Development certified housing counseling services, including but is not limited to, pre-purchase/post-purchase home buyer education, tenant counseling, troubled homeowner counseling, financial literacy, and foreclosure counseling.
Homes on the Hill has a long and successful track record of providing comprehensive housing counseling services to the community. For the City’s Down Payment Assistance Program and Homeownership Development Programs, pre-purchase education is required. Housing Counseling also assists financially distressed household which reduces the number of foreclosures and evictions.
The services included in this not-for-profit service contract cannot be provided by existing city employees as they are beyond the City’s current staffing capacity to provide.
CONTRACT COMPLIANCE: the vendor number is 005144 and expires 8/4/2024.
FISCAL IMPACT: Funding is available in the Division of Housing’s 2024 General Fund budget. This ordinance is contingent on the passage of the 2024 Operating Budget, Ordinance 3011-2023.
Title
To authorize the Director of the Department of Development to enter into a not-for-profit service contract with Homes on the Hill Community Development Corporation for housing counseling services in an amount up to $125,000.00; to authorize the expenditure of up to $125,000.00; and to authorize payment of expenses starting January 1, 2024. ($125,000.00)
Body
WHEREAS, the Director of the Department of Development desires to enter into a not-for-profit service contract with Homes on the Hill CDC ...
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