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INFORMATION #1 03-09-2009iPd~®RM~Ti~~l .... ^^ ^^ Minnesota Housing Finance Agency February 27, 2009 Ms. Catherine Mehelich 400 Sibley Street ~ Suite 300 ~ Saint Paul, MN 55101-1998 ~ 651.246.7608 800.657.3769 ~ fax: 651.296.8139 ~ tty: 651.297.2361 ~ www.tnnhousing.gov Equal Opportunity Housing anG Equal Opportunity Employment City of Elk River 13065 Orono Parkway Elk River, MN 55330 RE: Notification of Minnesota Housing Finance Agency Neighborhood Stabilization Program (NSP) Award NSP Grant Agreement ID Number: 02-2009-06-NSP NSP Award Amount: $593,820 Dear Ms. Mehelich: Congratulations! Your Neighborhood Stabilization Program Request for Proposal application was approved for funding on February 26, 2009 by Minnesota Housing's Board of Directors. The execution of a grant agreement and disbursement of funds is subject to completion of contract negotiations and the Department of Housing and Urban Development's (HUD) signing of a grantee agreement with Minnesota Housing. In addition, as outlined in its NSP Action Plan, Minnesota Housing already identified projects in Minneapolis, Saint Paul and Saint Cloud through its fall 2008 Community Revitalization RFP process to receive $3.68 million through NSP. These projects will be funded under the NSP grant agreements for proposals submitted by these jurisdictions. In many cases, funding was reduced from the application amount requested, or other programmatic changes will be required prior to grant agreement execution; therefore Minnesota Housing will be contacting you to schedule a meeting to discuss the .revised proposal. The executed NSP grant agreement will have exhibits that specify revisions to your NSP program activities as they will be administered by your agency. A list of attachments that may require revision and submission with the final grant agreement is attached. Minnesota Housing staff will contact you in the near future to discuss the meeting time and place, and will work closely with you in the coming weeks with a goal to complete the NSP grant agreement on, or as close to Apri11, 2009, as feasible. Minnesota Housing will be hosting a subrecipient training in April. This training is mandatory for key NSP staff and contractors working on the program. Information will be sent once the agenda is finalized. Minnesota Housing is creating a NSP Program Procedural Manual and forms; these will be available on the Minnesota Housing website once developed and will be discussed fully at the NSP Subrecipient training.. It is important for you to know that since your proposal will be funded with federal dollars, that it carries certain obligations and requirements. So that you do not do anything to make your projects ineligible for these funds, please note that you should not undertake any actions on the project, such as acquiring a property (which must be done in accordance with federal standards) or begin rehabilitation, before you receive further guidance from Minnesota Housing. It is permissible, from a federal program perspective, to enter into an option to purchase a property or to purchase it subject to funding approval, including federally-required environmental. approvals. Other federal requirements that may apply are listed here: • Uniform Relocation and Real Property Acquisition • Lead-based Paint • Debarred and Suspended Contractor • Section 3 Employment Opportunities for Low-income Persons • Minority- and Women-owned Business Enterprise Outreach • Davis-Bacon Labor Standards Enclosed you will find an electronic funds transfer form for the purpose of completing the information we need to successfully transfer payments to your account. Please complete the form and return it to the attention of Ruth Simmons as soon as possible. In addition, be advised that Minnesota Housing will require documentation providing confirmation of the party authorized to sign the grant agreement. Minnesota Housing staff looks forward to working with you throughout the program term. E- News Alerts will be posted on Minnesota Housing's website. If you have not already done so, please sign up for E-News. Go to Minnesota Housing's website at: http://wunv.mnhousing.govl and choose E-News Newsletter Signup on the left-hand side of page. Signing up for E-News will allow us to notify you of program changes and updates. If you have any questions regarding your grant agreement, procedural guide, required forms or need additional information, please feel free to contact Ruth Simmons at 651-297-5146, or email ruth.simmonsC~3state.mn.us. Ca111-800-710-8871, if calling from Greater Minnesota. Sincerely, Katy Lindblad Assistant Commissioner Community Development Att. cc: Mr. Dan Roberts, Tri-County Action Program