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4.7. SR 09-03-2013 City of Elk - Request for Action River O. To Item Number Mayor and City Council 4.7 Agenda Section Meeting Date Prepared by Consent September 3, 2013 Brian Beeman,Director of Economic Development Item Description Reviewed by Authorize Central Minnesota Housing Partnership Jeremy Barnhart,Deputy Director, CODD (CMHP) to Write and Administer Pre-Application Reviewed by for the Small Cities Development Program (SCDP) Cal Portner, City Administrator with a Commitment of$50,000 in Leverage Funds Action Requested Authorize by motion CMHP to write and administer the pre-application for the Small Cities Development Program with a commitment of$50,000 in leverage funds. Background/Discussion The HRA has been working toward the development of a housing program to address identified community needs,including first time home buyer's assistance, affordable housing, rehab assistance, and foreclosure prevention. The HRA has retained the services of Central Minnesota Housing Partnership (CMHP) to write and administer grants per the HRA housing goals and directed them to apply for a grant to assist in the funding of the programs. Part of that grant process is to complete a pre-application,which is due November 14, 2013. The city will be notified by mid-December if we are successful in the pre-application. If so, CMHP will write the full application for the SCDP program which is due February 27, 2014. The city will be notified in June 2014 if the funding for the grant has been awarded. The pre-application fee is $350 and will be paid by the HRA. The HRA also budgeted $50,000 in leverage funds as recommended by CMHP. The leverage funds will not be used unless the city is successful in the full grant award. However,as part of the pre-application, CMHP needs a written commitment of the leverage funds. The HRA and Council's approval serves as the commitment. Financial Impact N/A Attachments ■ Staff reports from earlier touch points with the HRA P a w E A E U s r NaA f RE] Elk REQUEST FOR ACTION River TO ITEM NUMBER Housing and Redevelopment Authority- AGENDA SECTION MEETING DATE PREPARED BY July 8, 2013 Brian Beeman,Director of Economic Development ITEM DESCRIPTION REVIEWED By Discuss and determine which housing agency best fits the city's Jeremy Barnhart,Deputy Director, housing needs based on the HRA's housing goals Community Operations and Development Director REVIEWED BY ACTION REQUESTED Information presented for discussion only. Action is anticipated at the August HRA meeting. BACKGROUND/DISCUSSION The HRA has indicated a strong interest in being more proactive in housing programs. At the May 6, 2013 HRA meeting,the HRA set some housing goals and directed staff to address some community housing needs including: 1"time home buyer's assistance, affordable housing, rehab assistance, and foreclosure prevention. In developing draft policies to address these goals, Staff has met with the Minnesota Housing Finance Agency (MHFA),Minnesota Central MN Housing Partnership (CMHP),Tri County Action Partnership (Tri-CAP),Brooklyn Park and Coon Rapids staff, and researched several other Minnesota housing programs. Through this process,it became clear that outside agencies provide the services desired by the HRA, at a fraction of the cost of administering our own program. For example, CMHP or Tri-CAP can address the HRA's preferences for 1"time buyer's assistance, affordable housing, rehab assistance, foreclosure prevention,and a variety of other housing programs. It is staff s recommendation that the City utilize these resources more aggressively for the benefit of city residents. Both entities will be at the meeting on July 8th to further discuss their programs. Staff seeks HRA consensus on which housing agency will best fit the needs of the community and the HRA housing goals. After a consensus is reached,the HRA will take action on the hiring of one of the housing agencies at the August 1, 2013 regular HRA meeting. In order to start applying for the Small Cities Development Grant for 2014, one of the agencies will need to start the grant writing process in August or September to meet the pre-application deadline. Paw InEo AY UREJ Elk REQUEST FOR ACTION River TO ITEM NUMBER Housing and Redevelopment Authority ?. AGENDA SECTION MEETING DATE PREPARED BY August 5, 2013 Brian Beeman,Director of Economic Development ITEM DESCRIPTION REVIEWED By Hire CMHP or Tri-CAP to write &administer grants and HRA Jeremy Barnhart,Assistant housing goals. Community Operations and Development Director REVIEWED BY ACTION REQUESTED Hire CMHP or Tri-CAP to write and administer grants and HRA housing goals. BACKGROUND/DISCUSSION The HRA has indicated a strong interest in being more proactive in housing programs. At the May 6, 2013 HRA meeting,the HRA set some housing goals and directed staff to address some community housing needs including: 1"time home buyer's assistance, affordable housing, rehab assistance, and foreclosure prevention. In developing draft policies to address these goals, Staff has met with the Minnesota Housing Finance Agency (MHFA),Minnesota Central MN Housing Partnership (CMHP),Tri County Action Partnership (Tri-CAP),Brooklyn Park and Coon Rapids staff, and researched several other Minnesota housing programs. Through this process,it became clear that outside agencies provide the services desired by the HRA, at a fraction of the cost of administering our own program. For example, CMHP or Tri-CAP can address the HRA's preferences for 1"time buyer's assistance, affordable housing, rehab assistance, foreclosure prevention,and a variety of other housing programs. It is staff s recommendation that the City utilize these resources more aggressively for the benefit of city residents. At the July 8, 2013 HRA workshop,it became clear that the HRA would like to focus on rehabbing housing in Elk River and were interested in the Small Cities Development Program (SCDP) to accomplish this goal. The HRA met in a workshop July 8, 2013 to hear presentations from CMHP and Tri-CAP.The HRA discussed pros and cons of both agencies and how each agency would or would not be able to meet the HRA's housing goals. After discussing options,the HRA focused discussion on the Small Cities Development Program (SCDP) and directed staff to gather information regarding each organization's administration of the SCDP for the August meeting. The SCDP grants funds to local units of government who then lend out to home or business owners for rehabilitation or new construction based on community needs. In order to start applying for the SCDP for 2014, one of the agencies will need to start the grant writing process in August or September 2013 to meet the pre-application deadline. P O w E A E 0 6 Y UREJ Below is a table comparing the two agencies regarding administration of the SCDP grant program. Comparison of SCDP Administration CM H P Tri-CAP Preliminary Application $350 $0 Fee Experience 11 successful grant None applications in the past 9 years Other Programs Home Stretch,Will Lead Testing,Radon testing, Offered work with Tri-CAP to Energy Audits,Financial fitness, offer their programs Food Support,Tax Assistance, Weatherization Payback 0%deferred forgivable 0%deferred forgivable loan loans with flexible term with flexible term Use City Building Yes Yes Inspectors Tiered Loan Structure? Yes Yes (Borrower pays a portion of the loan and the rest is forgivable) Leverage funds $25,000 10-20%of funding request recommended Administrative Fees 15%of funding request 15%of funding request Many of the requirements are mandated by the state,but there are some differences between the two organizations. Each organization offers unique programs, however the two agencies work together often. Regardless of which agency receives the grant, they will partner with the other agency to provide information on both agencies'programs. The leverage funds were estimates provided by each organization. Both have stated that the more the HRA puts in,the more likely the application is to get funded. This figure would be determined by staff and the HRA with the guidance of the administrating organization at the time of application. Attachments: None Elk REQUEST FOR ACTION River TO ITEM NUMBER Housing and Redevelopment Authority AGENDA SECTION MEETING DATE PREPARED BY August 26, 2013 Brian Beeman,Director of Economic Development ITEM DESCRIPTION REVIEWED By Discuss Small Cities Development Program grant structure and Jeremy Barnhart,Deputy Director, guidelines. Community Operations and Development Director REVIEWED BY ACTION REQUESTED Information presented for discussion only. BACKGROUND/DISCUSSION At the HRA's August 5, 2013 meeting, the Housing and Redevelopment Authority approved the hiring of Central Minnesota Housing Partnership (CMHP) to apply for and administer the Small Cities Development Program (SCDP) grant.The SCDP will provide the financial resources and structure to rehabilitate housing in Elk River. In applying for the SCDP for 2014, CMHP intends to begin the grant writing process in August to meet the pre-application deadline of November 14, 2013. As part of that pre-application,the structure of the program should be identified. CMHP will be present to explain the grant process, typical structure, and guidelines of the grant and an explanation of what has been and what has not been successful in the other communities that they have worked with. Many of the requirements are mandated by the state;however, CMHP has indicated that some of the grant guidelines can be altered. Previously, the HRA has stated their goals for the program should: • Be similar to Coon Rapids' housing rehabilitation program. • Be tiered whereby the homeowners would pay a percentage or amount of the rehabilitation project before the remaining amount of their project is awarded. • Include three tiers based upon income levels or a set percentage of the project. At the August 5, 2013 meeting, the HRA had several questions about how the SCDP should and could be structured. The responses to those questions are attached. Timing/next steps. With agreement on the terms, structure, and guidelines of the SCDP grant, and payment of the application fee, CMHP will start the pre-application process and regularly report back to the HRA throughout the grant writing process. If the City is successful in the pre-application, CMHP will write the full application for the SCDP program which,is due February 27, 2014. The City of Elk River will be notified if the funding for the grant has been awarded to the City in June 2014. P O w E A E D A Y UREJ Attachments • Preliminary Questions and Answers Sheet from CVIHP