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7.1. HRSR 05-07-2018 ��i Eof lk — - Request for Action River To Item Number Housing and Redevelopment Authority 7.1 Agenda Section Meeting Date Prepared by General Business May 7, 2018 Amanda Othoudt,EDD Item Description Reviewed by HRA Rehabilitation Program Update Cal Portner, City Administrator Reviewed by Action Requested Receive information on the HRA Housing Rehabilitation Loan Program. Background/Discussion Fifteen projects have been completed to date. Over$311,579 has been disbursed over the four-year rehabilitation program period. Installment payments are received per the agreements. An informational meeting was held on Thursday,April 26`''at City Hall. CMHP and staff facilitated the program. Seven individuals attended the event, and expressed interest in the program. We anticipate a couple new applications to come in as a result of the informational meeting. Financial Impact N/A Attachments ■ April Project/Financial Report ■ HRA Loan Installment Report The Elk River Vision A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r service, and community engagement that encourages and inspires prosperity ,g /` UR .. central minnesota • • HOUSING PARTNERSHIP April 30'', 2018 City of Elk River Attn: Colleen Eddy 13065 Orono Parkway Elk River, MN 55330 RE: City of Elk River HRA Homeowner Rehabilitation Program Materials for the May 7u', 2018 HRA Meeting. Dear Colleen: 37 28th Avenue North Suite 102 St. Cloud, MN 56303-4242 Phone: 320.259.0393 FaxW 320 259 9590 Enclosed are the following items for the Elk River HRA meeting on Monday May 7th. • Monthly program progress report • Contractor Invoice —project ER -18 • CMHP Administration Invoice Thank you, Ed Zi Program Manager Enclosures Cc: file A MINNESOTA LQ MN TDD 71 1 NONPROFIT CORPORATION ;,;:;,- EQUAL OPPORTUNITY EMPLOYER www.cmhp.net 2018 CITY OF ELK RIVER R. HOMEOWNER REHABILTATION PROGRAM Ri Draw #1 Payment Requests Please submit payment to the contractor(s) listed below. 1. J. Lewis Building & Remodeling LLC 20071 Nowthen Blvd. Nowthen, MN 55330 Draw Amount: $11,290.00 Project ER -18, Torfin 2. Central MN Housing Partnership, Inc. 37 28th Ave N Suite 102 St. Cloud, MN 56303 Administration Fee: $3,750.00 Total Draw Amount: $15,040.00 When Contractor payment checks are cut, please forward copies of the checks to CMHP for the project files. J Lewis Building and Remodeling, LLC 20071 Nowthen Blvd NW Nowthen, MN 55330 Bill To Central MN Housing Partnership 37 28th Avenue North. Suite 102 St Cloud. MN 56303-4242 Date Invoice # 4125/2018 715 .. central minnesota • • HOUSING PARTNERSHIP 37 28th Avenue North Suite 102 St. Cloud, MN 56303-4242 Phone: 320.259.0393 Fax: 320.259.9590 = www.cmhp.net CENTRAL MINNESOTA HOUSING PARTNERSHIP, INC. INVOICE FOR ADMINISTRATIVE SERVICES: Elk River HRA Homeowner Rehabilitation Program Date: April 30'', 2018 Total budgeted administrative services fee for Elk River 2017 funds $15,000.00 HRA allocated additional funds June 2017 +$7,500.00 Total of past payments: - $11,250.00 Current quarterly admin services payment request: $ 3,750.00 REMAINING 2017 FUNDS ADMIN FEE BALANCE: Central Minnesota Housing Partnership, Inc. Program Administrator cl 2flk+ Printed Name l I'�: G. r4 XM 1 v VIC. C Ti 1 73) Signatuj l% Y136)/r9 Date A MINNESOTA MN TDD 711 NONPROFIT CORPORATION V ;- EQUAL OPPORTUNITY EMPLOYER $ 7,500.00 CMHP Draw Tracking Form ICity: (Project Name: City of Elk River Elk River Owner -Occupied Housing Rehab BEGIN DATE:1/1/18 END DATE:4/30/18 Agreement period from: 1/1/2018 FORM PREPARED BY: PHONE: Draw # Agreement period to: Ed Zimny 320-258-0673 1 12/31/2018 EMAIL: ed@cmhp.net Rehab activity by item C-ra-it e,"Authori ed Signature Staff Authorized Signature Ed Zimny Program Manager Grantee Typed Name and Title City Staff Name & Title A. C. REIMB. D ) Rehab activity by item APPROVED B. CURRENT REQUESTED AVAILABLE BUDGET BALANCE THIS BALANCE PERIOD Year Owner -Occupied Rehab $72,005.31 $72,005.31 $11,290.00 $60,715.31 2017 General Admin $11,250.00 $11,250.00 $3,750.00 $7,500.00 Year Owner -Occupied Rehab $85,000.00 $85,000.00 $0.00 $85,000.00 2018 General Admin $15,000.00 $15,000.00 $0.00 $15,000.00 $183,255.31 $183,255.31 $15,040.00 $168,215.31 In June 2017 the HRA allocated an additional $50,000 to the Rehab fund. This was added to the remaining balance as follows: Owner Occupied Rehab 29,505.31 + 42,500.00 = 72,005.31 General Admin 3750.00 + 7,500.00 = 11,250.00 C-ra-it e,"Authori ed Signature Staff Authorized Signature Ed Zimny Program Manager Grantee Typed Name and Title City Staff Name & Title App. Date Name Project # Home Address Date ApprovedCurrent Status Loan amount Loan rate Loan termLead Paint inspect.Recording FeesMonthly Payment1 8/27/2014 Shawn & Deborah Menning ER-4 525 8th St. NW 8/27/2014 completed $18,657.00 2.25% 10 $567 $46 $173.772 8/28/2014 Marlin & Vicky Stimpson ER-5 606 Jefferson Lane NW 2/23/2015 completed $20,650.00 2.25% 10 $0 $46 $192.333 8/21/2014Scott & Cindi Thompson ER-3 1021 4th St. NW8/27/2014 completed $22,000.00 2.25% 10 $915 $46 $204.904 6/19/2014 Chad & Jayme Swenson ER-1 602 Gates Ave. NW 7/14/2014 completed $25,000.00 3.25% 15 $915 $46 $175.675 3/16/2015 Barbara & Jerome Oleson ER-6 420 Main St. NW 3/18/2015completed $25,000 3.25% 15 $915 $46 $171.296 4/9/2015 Samuel & Audrey Mahon ER-9 501 6th St. NW 4/9/2015completed$5,837.00 1.25% 5$915$46 $100.4173/26/2015 Jon & Ann Jungers ER-7 928 Main St. NW 3/30/2015completed $24,881.69 3.25% 15 $567 $46 $174.8486/5/2015 Matt & Carol Hicks ER-10 1205 4th St. NW 6/5/2015completed$25,000.003.25% 15 $915 $46 $175.6797/14/2016 Erin & Tracy Cunningham ER-11 1420 5th St. NW 7/19/2016 completed $22,069.00 2.50% 10 $0.00 $46.00 $208.041012/19/2016 Nichol & Andrew Hanson ER-16 319 2ns St. NW 12/20/2016completed$25,000.00 3.00% 10 $400.00 $46.00 $241.40117/22/2016 William & Denise Hoops ER-12 806 Holt Ave NW 8/1/2016completed $24,645.003.50%15$567.00$46.00 $176.18128/22/2016 Scot & Kristen Sandhoefner ER-15 703 Jackson Ave NW 9/7/2016completed$25,000.00 2.75% 10 $750.00 $46.00 $238.5313 8/15/2016 Larry & Nancy Krieg ER-14 609 Gates Ave NW 8/19/2016 completed $19,665.00 2.75% 10 $596.00 $46.00$159.79144/13/2017 Linda & Daniel McClellan ER-17 810 Jackson Ave NW 4/21/2017completed$6,534.002.25%5 $650.00 $46.00 $115.24App. Date Name Project # Home Address Date ApprovedCurrent Status Loan amount Loan rate Loan termLead Paint inspect.Recording FeesMonthly Payment157/25/2017 Kyle & Jennifer Torfin ER-18 1811 Main St. NW 7/31/2017 Final insp. 5/2/18 $21,640.00 4.25% 15 $400.00 $46.00 $162.79App. Date Name Project # Home Address Date ApprovedCurrent Status Loan amount Loan rate Loan termLead Paint inspect.Recording FeesMonthly Payment App. Date Name Project # Home Address Date ApprovedCurrent Status Loan amount Loan rate Loan termLead Paint inspect.Recording FeesMonthly PaymentApp. Date Name Project # Home Address Date ApprovedCurrent Status Loan amount Loan rate Loan termLead Paint inspect.Recording FeesMonthly PaymentApp. Date Name Project # Home Address Date ApprovedCurrent Status Loan amount Loan rate Loan termLead Paint inspect.Recording FeesMonthly Payment8/24/2017 Dianna Anderson ER-18 430 Rush Ave NW 8/29/2017closed application at Dianna's request 9/288/5/16 David & Laura Hartfiel ER-13 1017 Main St. NW8/9/2016Dave asked to cancel his application 9/23/163/27/2015 Kara & Joe Holman ER-8 1028 Main St. NW 3/31/2015file closed on 2/8/16$5678/20/2014 Lisa Conway ER-2 236 Norfolk Ave. NW 8/21/2014 lost contact closed 2/11/15 $567App. Date Name Home Address Five year total rehab funds below:$467,500Total loan amounts/rehab funds:$311,579Total LB$10,206Rehab balance:$145,7152018 Elk River HRA Homeowner Rehab Program Monthly Report May 2018Approved ApplicationsApplications in ProcessProjects Bidding/Waiting for Approved ScopeUpdated: 4/29/18Completed ProjectsProjects Under ConstructionProjects Ready for ConstructionProjects Closed Applications