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File #: 0485-22    Version: A Name: Subject: Communication sponsored by Mayor Mason, requesting permission for the Mayor and City Clerk to enter into agreement, Contract #2022074, with Housing Resources Inc. for Home Buyer Assistance Counseling and Administration of Down Payment Assistance.
Type: Communication Status: Passed
File created: 7/6/2022 In control: Finance and Personnel Committee
On agenda: 7/19/2022 Final action: 7/19/2022
Title: Subject: Communication sponsored by Mayor Mason, requesting permission for the Mayor and City Clerk to enter into agreement, Contract #2022074, with Housing Resources Inc. for Home Buyer Assistance Counseling and Administration of Down Payment Assistance. Recommendation of the Finance and Personnel Committee on 7-11-2022: That the Mayor and City Clerk be authorized to execute and sign the services agreement, Contract #2022074 with Housing Resources Inc. for Home Buyer Assistance Counseling and Administration of Down Payment Assistance for the City of Racine. Fiscal Note: This is a three year contract totaling $442,883. Funds are available in account 22960 52100 22906 ARPA Home Buyer Assistance Professional Services.
Attachments: 1. Official Notice #6-2022 Memo for Council, 2. HRI Budget - City of Racine DPP, 3. HRI - RFP Response - Official Notice #6-2022 - City of Racine, 4. ABM July 2022 HRI Home Buyer Counseling Etc, 5. #0485-22 Resolution

Title

Subject: Communication sponsored by Mayor Mason, requesting permission for the Mayor and City Clerk to enter into agreement, Contract #2022074, with Housing Resources Inc. for Home Buyer Assistance Counseling and Administration of Down Payment Assistance.

 

Recommendation of the Finance and Personnel Committee on 7-11-2022:  That the Mayor and City Clerk be authorized to execute and sign the services agreement, Contract #2022074 with Housing Resources Inc. for Home Buyer Assistance Counseling and Administration of Down Payment Assistance for the City of Racine.

 

Fiscal Note:  This is a three year contract totaling $442,883. Funds are available in account 22960 52100 22906 ARPA Home Buyer Assistance Professional Services.