Title
Resolution Authorizing Contract with Guilford County and the Piedmont Triad Regional Council for the Management of County HOME Consortium Funds for Homeowner Rehabilitations
Body
Department: Neighborhood Development
Council District: All
Public Hearing: No
Advertising Date/By:
Contact 1 and Phone: Barbara Harris 373-2509
Contact 2 and Phone: Caitlin Bowers 433-7266
PURPOSE: The City of Greensboro serves at the lead agency of the Greensboro HOME Consortium that also includes Guilford County, the City of Burlington, and Alamance County. This resolution will allow the City of Greensboro to enter into a contract with Guilford County and the Piedmont Triad Regional Council (PTRC) for the purpose of completing single family housing rehabilitations in Guilford County (outside the entitlement cities of Greensboro and High Point).
BACKGROUND: The PTRC will be responsible for program functions including application processing and eligibility determinations, work write-ups, bid notices and analysis, work inspections, requisitions for partial payments to contractors based on work performed, and obtaining and submitting the federal Housing and Urban Development (HUD) required accomplishment data to the City of Greensboro.
As the lead HOME Consortium agency, the City of Greensboro has the authority to disperse HUD granted HOME funds among the Consortium members. Under this contract, the City of Greensboro, on behalf of Guilford County, will verify that rehabilitation work is completed to City of Greensboro rehabilitation standards, reimburse the PTRC, hold and service the 10 year forgivable homeowner loans, and report accomplishments directly to HUD.
Guilford County has approved the use of HOME funds for a homeowner rehabilitation program and will approve the payment process and scope of services (described above) in September 2015.
BUDGET IMPACT: No new funds. $380,000 of Guilford County HOME Consortium funds already budg...
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