C-number: C-22-13-023-3
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51. DEVELOPER AGREEMENT WITH ARIZONA HOUSING, INC. FOR THE MANAGEMENT AND IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) Approve the developer agreement between Arizona Housing, Inc., a non-profit agency, and Maricopa County through its Human Services Department, in the not-to-exceed amount of $1,569,800. The purpose of this Agreement is to provide funds for the rehabilitation of 209 West Jackson Street. This Agreement is effective as of the execution date of the original subrecipient agreement and will expire May 15, 2013. These funds have been included in the FY 2012-2013 budget. The intent of the Neighborhood Stabilization Program is to address the issue of vacant, foreclosed residential housing in Maricopa County. Arizona Housing, Inc. will utilize the Neighborhood Stabilization Program funds to rehabilitate a minimum of 297 single room housing units at 209 West Jackson Street for use as integrated, permanent supportive rental housing. This program is funded through a grant from the U. S. Department of Housing and Urban Development. (C-22-13-023-3-00)
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43. AMENDMENT TO THE DEVELOPER AGREEMENT WITH ARIZONA HOUSING, INC. FOR MANAGEMENT AND IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM Approve Amendment No. 1 to the Developer Agreement (C-22-13-023-3-00) for the Neighborhood Stabilization Program (NSP) between Arizona Housing, Inc. (AHI), a nonprofit agency and Maricopa County, through its Human Services Department (HSD). The amendment extends the completion date of the agreement to July 31, 2013 from May 15, 2013. This amendment is effective upon execution and will expire July 31, 2013. The intent of the Neighborhood Stabilization Program is to address the issue of vacant, foreclosed residential housing in Maricopa County. Arizona Housing, Inc. contracts with HSD as a housing developer funded by the NSP program, to rehabilitate residential rental property located at 209 West Jackson Street, and provide permanent supportive housing for veterans and the formerly homeless. (C-22-13-023-3-01)
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30. AMENDMENT TO THE DEVELOPER AGREEMENT WITH ARIZONA HOUSING, INC. FOR MANAGEMENT AND IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM Approve Amendment No. 2 to the Developer Agreement (C-22-13-023-3-01) for the Neighborhood Stabilization Program (NSP) between Arizona Housing, Inc. (AHI), a nonprofit agency and Maricopa County, through its Human Services Department (HSD). The amendment further extends the completion date of the agreement to December 31, 2013 from July 31, 2013 to allow Arizona Housing Inc. to accept and utilize a $1,000,000 grant from the Federal Home Loan Bank; corrects the requirement of 90% of assisted tenants have an Area Median Income below 50% of Area Median Income (AMI) to 100% of the assisted tenants; and requires AHI to complete and provide HSD a Cost Certification Audit. This amendment is effective upon execution and will expire December 31, 2013. The intent of the Neighborhood Stabilization Program is to address the issue of vacant, foreclosed residential housing in Maricopa County. Arizona Housing, Inc. contracts with HSD as a housing developer funded by the NSP program, to rehabilitate residential rental property located at 209 West Jackson Street, and provide permanent supportive housing for veterans and the formerly homeless. (C-22-13-023-3-02)
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