Item Description:
title
Modify Agmt A2512858 with HUD for 2025 HOME, 07/01/25-06/30/30, incr recv to $1,564,635; Neg 1 award modification, 07/01/25-06/30/70, NTE $385,172; Neg Amd 1 to Agmt PR00006192 with St. Louis Park HRA, 07/01/24-06/30/69, NTE $495,000
end
Resolution:
body
BE IT RESOLVED, that the County Administrator be allowed to negotiate a modification to Agreement A2512858 with the U.S. Department of Housing and Urban Development for the 2025 HOME Investment Partnerships Program, increasing the receivable by $64,635 for a new amount of $1,564,635, with no change to the contract period of July 1, 2025 through June 30, 2030; that following review and approval by the County Attorney’s Office, the County Administrator be authorized to sign the agreement, certifications, and other documents as necessary, on behalf of the county; and that the controller be authorized to accept and disburse funds as directed; and
BE IT FURTHER RESOLVED, that the County Administrator be authorized to negotiate a modification to the 2025 HOME Investment Partnerships Program award to St. Louis Park Housing Authority, or an affiliated entity, for the 2025 Stable Home - Tenant Based Rental Assistance project (Agreement PR00007323, Resolution 25-0192), increasing the not to exceed amount by $19,635 for a new total not to exceed amount of $346,635, with no change to the contract period of July 1, 2025, through June 30, 2070; that the following review and approval by the County Attorney's Office, the Chair of the Board be authorized to sign the agreements and other necessary documents on behalf of the county; and that the Controller be authorized to disburse funds as directed; and
BE IT FURTHER RESOLVED, that the County Administrator be authorized to negotiate
Amendment 1 to Agreement PR00006192 with St. Louis Park Housing Authority, or an affiliated entity, for the 2024 Stable Home - Tenant Based Rental Assistance project (Resolution 24-0186), increasing the not to exceed amount by $45,000 for a new total not to exceed amount of $495,000, with no change to the contract period of July 1, 2024, through June 30, 2069; that the following review and approval by the County Attorney’s Office, the County Administrator and Chair of the Board be authorized to execute the agreements and other necessary documents; and that the Controller be authorized to disburse funds as directed.
end
Background:
The U.S. Department of Housing and Urban Development (HUD) requires Hennepin County to adopt a Five-Year Consolidated Plan and an Annual Action Plan to receive HUD entitlement funds, including the HOME Investment Partnerships (HOME) Program. The Hennepin County Board authorized submission of the 2025 Action Plan and negotiation of receivable contracts with estimated grant amounts via Resolution 25-0192 on May 20, 2025.
HUD released final grant amounts on May 15, 2025, which were slightly higher than anticipated. This request acknowledges that increase for the HOME program, and recommends allocations following the 2025 Action Plan needs, goals, and priorities.
The increase of funding for the Program Year 2024 Tenant Based Rental Assistance (TBRA) will fund St. Louis Park’s administration of the program. The increase of funding for Program Year 2025 TBRA will go toward additional rent assistance.
Current Request: This request is for authorization to modify the receivable agreement with HUD for the 2025 HOME program increasing the receivable amount by $64,635, and to negotiate an award modification and a loan amendment for TBRA to re-allocate that $64,635.
Impact/Outcomes: This action will ensure tenant based rental assistance for 45 households at or below 50 percent of the area median income.
recommendation
Recommendation from County Administrator: Recommend Approval